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Understanding the Table:
The comparison table above helps you see the total cost of your 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’.
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.
British pound (GBP) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/EUR Outlook: The GBP/EUR exchange rate is currently under pressure, trading below its recent average and near 30-day lows.
GBP/USD Outlook: The GBP/USD pair is likely to decrease as it sits near its recent lows and is pressured by expectations of a Bank of England interest rate cut.
USD/EUR Outlook: The USD/EUR exchange rate is likely to increase, as the USD is trading above its recent average and showing strength amidst favorable...
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 1.139 from Wise. This is -0.39% compared to the mid-market rate 1.1435.
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 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.
Looking at the full GBP to EUR - Send Money comparison table the provider with the best GBP to EUR exchange rate is Wise at 1.139, -0.39% from the latest mid-market rate 1.1435.
The next best is OFX at 1.1378, -0.5% from the mid-rate.
Then XE at 1.1366, which is -0.6% from the mid-rate.
The Western Union rate is 1.1263 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.0833 at -5.3% the Royal Bank of Scotland rate is 1.0902 at -4.7% and the Barclays Bank rate is 1.1008 at -3.7% compared to the mid-rate 1.1435.
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:
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