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GBP to EUR Business Transfers Compared

GBP-EUR Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to the Eurozone can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the Eurozone bank accounts or pay a euro invoice.

 
   

GBP to EUR Market Data

British pound (GBP) to euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

GBP to EUR is at 14-day highs near 1.1594, just 0.5% above its 3-month average of 1.1536, having traded in a stable 1.3% range from 1.1448 to 1.1600
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Currency Forecasts related to GBP/EUR

GBP to EUR Exchange Rate Forecast & Outlook

Currently, GBP/EUR is trading near its 90-day average within a stable range, with the pair consolidating close to recent highs. Risk sentiment remains risk-off, supported by global economic concerns and safe-haven inflows.

Read forecast

GBP to USD Exchange Rate Forecast & Outlook

Currently, GBP/USD is trading close to three-month lows near 1.3208, which is 1.6% below its 90-day average. The pair remains supported by risk-off sentiment, driven by geopolitical tensions and US safe-haven demand.

Read forecast

USD to EUR Exchange Rate Forecast & Outlook

Currently, USD/EUR is trading near its 90-day high around 0.8728, well above its 3-month average of 0.8596. The pair remains supported by risk-off sentiment and safe-haven flows driven by geopolitical tensions.

Read forecast

GBP/EUR trades near 1.1594 with a near-term mild downside bias and a 3-month uptrend. Global risk sentiment and eurozone challenges may push the pair lower, making euro conversions slightly more costly. Follow best FX rate sources for better deals.

 

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 * :

GBP EUR
£ 1 1.1590
£ 5 5.7950
£ 10 11.59
£ 20 23.18
£ 50 57.95
£ 100 115.90
£ 250 289.75
£ 500 579.50
£ 1,000 1,159
£ 2,000 2,318
£ 5,000 5,795
£ 10,000 11,590
£ 20,000 23,180
£ 50,000 57,950
£ 100,000 115,900
GBP EUR
£ 0.8628 € 1
£ 4.3140 € 5
£ 8.6280 € 10
£ 17.26 € 20
£ 43.14 € 50
£ 86.28 € 100
£ 215.70 € 250
£ 431.40 € 500
£ 862.80 € 1,000
£ 1,726 € 2,000
£ 4,314 € 5,000
£ 8,628 € 10,000
£ 17,256 € 20,000
£ 43,140 € 50,000
£ 86,280 € 100,000

More amounts

*Converted at the current GBP-EUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Business Send Money conversion rate for GBP to EUR?

The best Business GBP to EUR exchange rate is 1.1547 from Wise. This is -0.37% compared to the mid-market rate 1.1590.

As Business 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 Business 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 Business GBP to EUR exchange rate is Wise at 1.1547, -0.37% from the latest mid-market rate 1.1590.

The next best is OFX at 1.1533, -0.49% from the mid-rate.

Then XE at 1.1521, which is -0.6% from the mid-rate.

The Western Union rate is 1.1417 which is -1.5% from the mid-rate.

Among the banks the Lloyds Bank rate is 1.0828 at -6.6% the Royal Bank of Scotland rate is 1.0897 at -6% and the Barclays Bank rate is 1.1002 at -5.1% compared to the mid-rate 1.1590.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: