The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
GBP to EUR Market Data
British pound (GBP) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: bullish-to-range-bound, GBP/USD sits above its 90-day average and in the upper half of the three-month range, with the near-term tilt modestly...
Bias
GBP/EUR sits above its 90-day avg and in the upper half of the 3-month range. BoE may slow rate cuts while ECB holds, narrowing the gap and supporting GBP if UK data stays firm.
Key drivers
- Rate gap: The BoE is seen trimming its pace of rate cuts later, while the ECB is expected to keep policy on hold, narrowing the gap and supporting Sterling if UK growth holds up.
- Risk/commodities: Oil remains elevated and volatile; higher energy costs weigh on eurozone activity and can tilt modestly in favor of GBP, especially if UK energy dynamics remain comparatively resilient.
- One macro factor: Eurozone inflation easing toward the target supports the ECB’s neutral stance and helps EUR stay steady amid policy expectations.
Range
GBP/EUR is likely to drift within the three-month range, with a tendency to test the upper end but not break decisively.
What could change it
- Upside risk: A stronger-than-expected UK data release or a softer BoE rate path could lift GBP.
- Downside risk: Weaker UK data or firmer eurozone data could push GBP lower
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GBP to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to EUR?
The best GBP to EUR exchange rate is 1.1499 from Wise. This is -0.38% compared to the mid-market rate 1.1543.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Euro (EUR) rates from different sources before making a conversion.
The above
Sterling to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest GBP-EUR mid-rate and the possible savings of using various providers.
How do GBP-EUR rates compare between providers?
Looking at the full
GBP to EUR - Send Money comparison table the provider with the best GBP to EUR exchange rate is Wise at 1.1499, -0.38% from the latest mid-market rate 1.1543.
The next best is OFX at 1.1485, -0.5% from the mid-rate.
Then XE at 1.1473, which is -0.61% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.