The best EUR to GBP rate is 0.8653, and is the current mid-market exchange rate. We help you compare Euro to Pound Sterling rates and costs to this live market rate.
In this Euro to Sterling (EUR/GBP) rate guide:
EUR to GBP 
Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Pound Sterling (GBP) rates from different sources before making a conversion.
The below Rate Comparison Table makes it easy to compare the Total Cost you are being charged on Euro to Sterling currency rates and the possible savings of using various providers.
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Euro (EUR) to Pound Sterling (GBP) market data - latest interbank mid-rate, trend, chart & historic rates.
| Date | EUR/GBP | Change | Period |
|---|---|---|---|
14 Nov 2023 | 0.8707 | 0.5% ▼ | 2 Week |
30 Aug 2023 | 0.8598 | 0.8% ▲ | 3 Month |
28 Nov 2022 | 0.8649 | 0.2% ▲ | 1 Year |
29 Nov 2018 | 0.8910 | 2.8% ▼ | 5 Year |
30 Nov 2013 | 0.8303 | 4.3% ▲ | 10 Year |
03 Dec 2003 | 0.7005 | 23.7% ▲ | 20 Year |
The exchange rate forecasts for the Euro against the Sterling present a mixed picture shaded by numerous economic factors, geopolitical events, and central bank policies. Analysts from major financial institutions such as JP Morgan, ING, and Danske Bank offer varied outlooks for the Euro, with some expecting it to strengthen towards 1.15 against the Dollar, while others foresee a potential dip below parity over the next 12 months. Furthermore, ING anticipates an uptrend for the Euro, potentially reaching 1.15 by the end of 2024, driven by a slowdown in the US which may prompt a more accommodating monetary stance from the Federal Reserve. However, the European Central Bank's actions remain a variable with unclear effects on the Euro's trajectory. Market view suggests that the Euro is fairly valued at current levels, and significant moves could be contingent on Dollar dynamics rather than Euro-specific developments.
Read our full EUR to GBP forecasts analysis
There are several ways to save on exchange rates when converting Euro to Pound Sterling:
Generally speaking, if you are buying Pound Sterling with Euro, then it's better for the EUR/GBP exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 EUR/GBP to your personalised BER Smart Rate Tracker 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 can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.
Read our Currency guide to the United Kingdom - a practical currency and money guide to travel, living and doing business in the United Kingdom with the Pound Sterling.
| Eurozone (EUR) | United Kingdom (GBP) |  Guernsey (GBP) |
 Isle of Man (GBP) |  Jersey (GBP) |  South Georgia and South Sandwich Islands (GBP) |
Expat life in the UK can be a positive experience, as the country is known for its rich history, culture, and diverse society. It also offers a high standard of living and a strong economy. However, as with any move to a new country, there can be challenges to overcome.
One of the biggest challenges for expats in the UK is the weather, as it can be unpredictable and quite damp, especially in the winter. Additionally, the cost of living in the UK, particularly in the larger cities such as London, can be high.
Read more at our United Kingdom (GBP) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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