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Understanding the Table:
The comparison table above helps you see the total cost of your Santander 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’.
British pound (GBP) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/EUR Outlook: The GBP/EUR rate is currently near its 3-month average and appears to be range-bound.
GBP/USD Outlook: The GBP/USD is likely to decrease as it trades near its recent lows, currently around 1.
USD/EUR Outlook: The USD/EUR exchange rate is currently strong, trading 1.
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 * :
*Converted at the current GBP-EUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Santander GBP to EUR exchange rate is 1.0877. This is -5.4% compared to the latest GBP-EUR mid-market rate 1.1502.
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 Santander - Sterling to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Santander and other foreign exchange providers against the latest GBP-EUR mid-rate and the possible savings of using various 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 1.1456, -0.4% from the latest mid-market rate 1.1502.
The next best is OFX at 1.1444, -0.5% from the mid-rate.
Then XE at 1.1433, which is -0.6% from the mid-rate.
The Western Union rate is 1.1329 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.0831 at -5.8% the Royal Bank of Scotland rate is 1.09 at -5.2% and the Barclays Bank rate is 1.1005 at -4.3% compared to the mid-rate 1.1502.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Santander 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.
View a full list of exchange rates by selecting your Base (from) currency:
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