Understanding the Table:
The comparison table above helps you see the total cost of your Bank of Melbourne 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.
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Euro is to review how the GBP/EUR rate has changed over time.
The table below shows the percentage change in the GBP to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | GBP/EUR | Change | Period |
|---|---|---|---|
25 Dec 2025 | 1.1463 | 0.5% ▲ | 2 Week |
10 Oct 2025 | 1.1491 | 0.3% ▲ | 3 Month |
08 Jan 2025 | 1.1983 | 3.8% ▼ | 1 Year |
09 Jan 2021 | 1.1097 | 3.9% ▲ | 5 Year |
11 Jan 2016 | 1.3395 | 14% ▼ | 10 Year |
13 Jan 2006 | 1.4631 | 21.2% ▼ | 20 Year |
The GBP to EUR exchange rate currently shows a bullish bias, buoyed by hawkish signals from the Bank of England.
The GBP to USD exchange rate shows a bearish outlook, reflecting recent market developments.
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 best GBP to EUR exchange rate is 1.1479 from Wise. This is -0.39% compared to the mid-market rate 1.1524.
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 Bank of Melbourne - Sterling to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of Melbourne 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 1.1479, -0.39% from the latest mid-market rate 1.1524.
The next best is OFX at 1.1466, -0.5% from the mid-rate.
Then XE at 1.1455, which is -0.6% from the mid-rate.
The Western Union rate is 1.1408 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.083 at -6% the Royal Bank of Scotland rate is 1.0899 at -5.4% and the Barclays Bank rate is 1.1005 at -4.5% compared to the mid-rate 1.1524.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Melbourne 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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