What is the
Currencies Direct Send Money conversion rate for GBP to EUR?
The Currencies Direct GBP to EUR exchange rate is 1.149. This is -0.58% compared to the latest GBP-EUR mid-market rate 1.1557.
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
Currencies Direct - Sterling to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Currencies Direct and other foreign exchange providers against the latest GBP-EUR mid-rate and the possible savings of using various providers.
How do Currencies Direct 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 1.1512, -0.39% from the latest mid-market rate 1.1557.
The next best is OFX at 1.1499, -0.5% from the mid-rate.
Then XE at 1.1487, which is -0.61% from the mid-rate.
The Western Union rate is 1.1383 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.0829 at -6.3% the Royal Bank of Scotland rate is 1.0898 at -5.7% and the Barclays Bank rate is 1.1004 at -4.8% compared to the mid-rate 1.1557.
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
like Currencies Direct or platforms that offer rates closer to the mid-market rate.
