* Converted at GBP/EUR mid-market rate, scroll-down to compare Send Money and Travel/Spend exchange rates.
Interbank mid-market rate We compare bank & FX provider rates to this wholesale mid-market rate. Read more
The pound strength has hit a snag in April on concerns relating to AstraZeneca shot – which the U.K. is heavily dependent on – while the euro has strengthened on good immunisation numbers coming out of the eurozone earlier than expected. GBP-EUR Forecasts
Comparing GBP/EUR Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale GBP/EUR rate ( interbank mid-rate) plus fixed or percentage fees.
These margins and fees can vary significantly for GBP to EUR International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.
Calculate other GBP/EUR amounts (from or to) at mid-market with our GBP to EUR Calculator .
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How to get Good GBP to EUR Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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 | Change | Period |
---|---|---|
1.1547 12 Apr 2021 | 0.6% ▲ | 1 Week |
1.1610 20 Mar 2021 | 0.1% ▲ | 30 Days |
1.1239 19 Jan 2021 | 3.4% ▲ | 90 Days |
1.1492 19 Apr 2020 | 1.1% ▲ | 1 Year |
1.2685 20 Apr 2016 | 8.4% ▼ | 5 Years |
1.1353 22 Apr 2011 | 2.3% ▲ | 10 Years |
GBP/EUR 10 year historic rates & change to 19-Apr-2021 : 1.1618
Will the Pound Sterling rise against the euro?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add GBP/EUR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair for tracking in your watchlist we will automatically check the exchange rate for any UP▲ or DOWN▼ move over a range of periods over the recent 90 days.