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GBP to EUR - Exchange Rate Review

Pound Sterling to Euro exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
GBPEUR blended flags
 

Latest GBP/EUR exchange rate (wholesale):

1 GBP = 1.1055 EUR

Sell GBP / Buy EUR 

GBP to EUR chart and trends
ALERT:1-DAY0.7% |
GBP to EUR at 1.1056 was trading 0.9% below AVG:1.1152 with LO:1.0939 and HI:1.1498 (90 days). ALERT: Today GBP/EUR is DOWN 0.7%
 

Pound Sterling to Euro - Quick Conversions

GBP EUR
£ 1 1.1055
£ 5 5.5275
£ 10 11.06
£ 20 22.11
£ 50 55.28
£ 100 110.55
£ 250 276.38
£ 500 552.75
£ 1,000 1,106
£ 2,000 2,211
£ 5,000 5,528
£ 10,000 11,055
£ 50,000 55,275
£ 100,000 110,550
More amounts
GBP EUR
£ 0.9045 € 1
£ 4.5225 € 5
£ 9.0450 € 10
£ 18.09 € 20
£ 45.23 € 50
£ 90.45 € 100
£ 226.13 € 250
£ 452.25 € 500
£ 904.50 € 1,000
£ 1,809 € 2,000
£ 4,523 € 5,000
£ 9,045 € 10,000
£ 45,225 € 50,000
£ 90,450 € 100,000
More amounts

To calculate other GBP/EUR amounts try our home-page Convert GBP to EUR quick converter.

Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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GBPEUR blended flags

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Country Guides - Euro

 
EurozoneEurozone (EUR)Aaland IslandsAaland Islands (EUR)AndorraAndorra (EUR)
AustriaAustria (EUR)BelgiumBelgium (EUR)CyprusCyprus (EUR)
EstoniaEstonia (EUR)FinlandFinland (EUR)FranceFrance (EUR)
French GuineaFrench Guinea (EUR)French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)
GreeceGreece (EUR)GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)
IrelandIreland (EUR)ItalyItaly (EUR)LuxembourgLuxembourg (EUR)
MaltaMalta (EUR)MartiniqueMartinique (EUR)MayotteMayotte (EUR)
MonacoMonaco (EUR)MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)
PortugalPortugal (EUR)ReunionReunion (EUR)Saint BarthélemySaint Barthélemy (EUR)
Saint MartinSaint Martin (EUR)Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)
SlovakiaSlovakia (EUR)SloveniaSlovenia (EUR)SpainSpain (EUR)
   

Pound Sterling - Euro Forecasting

GBP will rise to 1.20 per euro according to Standard Bank. The coronavirus pandemic means that the deadline for a trade deal this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

US dollar weakness has helped the embattled British pound continue its recovery off June and early July lows. Despite this brief upturn, the outlook remains pessimistic as Brexit uncertainty and questions over the economy’s ability to rebound after the pandemic weigh on the currency. August Currency Update

Read more about FX Broker and Bank analysts' predictions for GBP to EUR future trends in our blog article GBP to EUR Broker & Bank Forecasts.

 

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How to get Best GBP to EUR Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

 

What is a good GBP to EUR exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Pound Sterling vs Euro current value is to look the GBP/EUR historic rate and change over a range of periods.

The following table looks at the change in the GBP to EUR exchange rate over periods from the previous week back to the last 10 years.

GBP/EUR rateChangePeriod
04 Aug 2020 : 1.10760.4% ▲1 Week
12 Jul 2020 : 1.11650.4% ▼30 Days
13 May 2020 : 1.13091.7% ▼90 Days
12 Aug 2019 : 1.07683.3% ▲1 Year
13 Aug 2015 : 1.399720.6% ▼5 Years
14 Aug 2010 : 1.22028.9% ▼10 Years
GBP/EUR 10 year historic rates & changes to 11-Aug-2020 : 1.1119
 

When is the best time to exchange GBP to EUR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts