The Natwest Bank GBP to EUR rate is 1.1184. This is -4.5% below the mid-rate. Compare Natwest Bank currency conversion rates - Reduce FX costs.
The Natwest Bank GBP to EUR exchange rate is 1.1184. This is -4.5% compared to the latest GBP-EUR mid-market rate 1.1713.
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.
Looking at our comparison table the best GBP to EUR exchange rate is 1.1654 from OFX, -0.5% from the mid-market rate 1.1713. The next best rate is 1.1645 from Currencies Direct, -0.58% from the mid-rate. Then XE with 1.1643 is -0.6% from the mid-rate.
The Western Union rate is 1.1596 which is -1% from the mid-rate.
Among the banks, the Lloyds Bank rate is 1.1032 at -5.8%, the Royal Bank of Scotland rate is 1.1102 at -5.2%, and the Barclays Bank rate is 1.1303 at -3.5% compared to the mid-rate 1.1713.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Natwest Bank 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.
The Natwest Bank Sterling to Euro comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Natwest Bank and other foreign exchange providers against the latest GBP-EUR mid-rate (see Market Data below ) and the possible savings of using various providers.
According to the https://www.natwestinternational.com/ website there is no charge to convert money between currencies.
They then go onto say that “Any costs are built into the agreed rate applied to the Foreign Exchange transfer, which includes our margin. The margin applied varies depending upon how much you want to trade.”
That type of hidden cost of Foreign Exchange is what BER makes easier to calculate here.
British pound (GBP) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | GBP/EUR | Change | Period |
|---|---|---|---|
11 Apr 2025 | 1.1525 | 1.8% ▲ | 2 Week |
25 Jan 2025 | 1.1887 | 1.3% ▼ | 3 Month |
25 Apr 2024 | 1.1660 | 0.6% ▲ | 1 Year |
26 Apr 2020 | 1.1428 | 2.7% ▲ | 5 Year |
28 Apr 2015 | 1.3974 | 16% ▼ | 10 Year |
30 Apr 2005 | 1.4791 | 20.7% ▼ | 20 Year |
Here are some popular conversion amounts for GBP to EUR (British pound to Euro)*.
*Converted at the current GBPEUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The current GBP to EUR exchange rate is at 1.1673, which is notably 1.9% below its three-month average of 1.1894. This decline is underscored by the recent mixed economic signals from the UK, with particularly concerning data from the PMI surveys indicating a contraction in the service sector. Analysts suggest that if the upcoming Confederation of British Industry (CBI) surveys reveal more struggles within UK businesses, the pound is likely to face further depreciation against the euro.
Read our full review of recent GBP to EUR forecasts.
There are several ways to save on exchange rates when converting British pound to Euro:
Generally speaking, if you are buying Euro with British pound, 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.
Read our Currency guide to the Eurozone — a practical currency and money guide to travel in the Eurozone plus living and doing business with the Euro.
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 GBP/EUR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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
News2025-04-25
Deutsche Bank forecasts a significant weakening of the US dollar in the coming years, potentially reaching its lowest level against the euro in over a decade.
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The US dollar has fallen to a three-year low, influenced by Trump policy back flips plus concerns over the Federal Reserve's independence. Analysts suggest a long-overdue correction due to overvaluation and trade tensions.
Further reading on the Euro (EUR) - Guides, Reviews & News from our research team.
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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