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    Best GBP to EUR Exchange Rates Compared Live

    The best GBP to EUR exchange rate is 1.1698. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing GBP-EUR exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Pound Sterling (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 vs the latest GBP-EUR mid-rate (see below) and the possible savings of using another provider.

    @bestfxrates : 📈 Mixed signals for GBP to EUR outlook - FX analysts see possible GBP slide to $US1.15 vs EUR amidst UK political, economic uncertainties, and BoE rate decision. EUR struggles with USD strength, yet may climb to 1.15 by 2024 end. GBP/EUR trades at 1.1671; watch ECB/Fed moves closely. #ForexUpdate

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    GBP to EUR Market Data

    Pound Sterling (GBP) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

    1 GBP =
    1.1698We compare provider deals to this wholesale mid-market rate. Read more
    GBP to EUR at 1.1705 is near its 3-month average, having traded in a stable 1.3% range from 1.1605 to 1.1758
    Sell GBP   →   Buy EUR
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    02 Apr 2024
    0.2% 2 Week
    17 Jan 2024
    0.5% 3 Month
    17 Apr 2023
    3.4% 1 Year
    18 Apr 2019
    1.2% 5 Year
    19 Apr 2014
    3.7% 10 Year
    21 Apr 2004
    21.8% 20 Year
    GBP/EUR historic rates & change to 16-Apr-2024

    What are equivalent amounts of GBP and EUR?

    Here are some popular conversion amounts for GBP to EUR (Pound Sterling to Euro)*.

    £ 1 1.1698
    £ 5 5.8490
    £ 10 11.70
    £ 20 23.40
    £ 50 58.49
    £ 100 116.98
    £ 250 292.45
    £ 500 584.90
    £ 1,000 1,170
    £ 2,000 2,340
    £ 5,000 5,849
    £ 10,000 11,698
    £ 20,000 23,396
    £ 50,000 58,490
    £ 100,000 116,980
    £ 0.8548 € 1
    £ 4.2740 € 5
    £ 8.5480 € 10
    £ 17.10 € 20
    £ 42.74 € 50
    £ 85.48 € 100
    £ 213.70 € 250
    £ 427.40 € 500
    £ 854.80 € 1,000
    £ 1,710 € 2,000
    £ 4,274 € 5,000
    £ 8,548 € 10,000
    £ 17,096 € 20,000
    £ 42,740 € 50,000
    £ 85,480 € 100,000

    More amounts

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


    Forecasts for GBP to EUR


    Recent exchange rate forecasts for the GBP to EUR pair suggest a mixed outlook for both currencies. The pound (GBP) has been finding support amid market volatility and speculation around the Bank of England's interest rate decisions. Analysts anticipate a potential shift to interest rate cuts in the UK, aligning with moves by central banks such as the Federal Reserve and the European Central Bank. HSBC and RBC forecasts predict a potential decline in the pound against the US dollar in the second half of the year, which could also have implications for its exchange rate with the euro.

    Read our full review of recent GBP to EUR forecasts.


    How to get a good GBP to EUR exchange rate

    There are several ways to save on exchange rates when converting Pound Sterling to Euro:

    1. Shop around for the best GBP/EUR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the GBP/EUR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and EUR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Euro with Pound Sterling, then it's better for the GBP/EUR 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.

    Will the Pound Sterling rise against the Euro?

    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 GBP/EUR to your personalised Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


    Read our Currency guide to the Eurozone - a practical currency and money guide to travel, living and doing business in the Eurozone with the Euro.


    Currency Country Guides

    EurozoneEurozone (EUR)United KingdomUnited Kingdom (GBP)Aaland IslandsAaland Islands (EUR)
    AndorraAndorra (EUR)AustriaAustria (EUR)BelgiumBelgium (EUR)
    CroatiaCroatia (EUR)CyprusCyprus (EUR)EstoniaEstonia (EUR)
    FinlandFinland (EUR)FranceFrance (EUR)French GuineaFrench Guinea (EUR)
    French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)GreeceGreece (EUR)
    GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)IrelandIreland (EUR)
    ItalyItaly (EUR)LuxembourgLuxembourg (EUR)MaltaMalta (EUR)
    MartiniqueMartinique (EUR)MayotteMayotte (EUR)MonacoMonaco (EUR)
    MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)PortugalPortugal (EUR)
    ReunionReunion (EUR)Saint BarthelemySaint Barthelemy (EUR)Saint MartinSaint Martin (EUR)
    Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)SlovakiaSlovakia (EUR)
    SloveniaSlovenia (EUR)SpainSpain (EUR)

    Which Eurozone country has the cheapest cost of living?

    The cost of living varies greatly within the Eurozone, and it depends on various factors such as housing, transportation, healthcare, and taxes. However, some of the countries in the Eurozone with relatively lower cost of living include:

    • Greece: Greece has a relatively low cost of living compared to other Eurozone countries.

    • Portugal: Portugal has a lower cost of housing than in other Eurozone countries.

    • Spain: Spain also has a relatively low cost of living, particularly in the southern regions such as Andalusia and Murcia.

    • Ireland: Ireland has a relatively low cost of living, particularly in the regions outside the main cities like Dublin.

      Read more at our Eurozone (EUR) 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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