The comparison table above helps you see the total cost of your Wise 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’.
Wise - GBP Rate Margin Analysis
The average GBP rate margin offered by Wise is 0.64%.
This average is based on individual GBP 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for British pound (GBP 10K)
transactions. Margins show the percentage difference from the mid-market rate.
GBP/EUR Outlook: Slightly positive, but likely to move sideways, as the rate is just above its recent average and lacks a clear driver for a significant change.
GBP/EUR Outlook: Slightly positive, likely moving sideways as it's above the recent avg. Key drivers: • BoE's cautious rate cuts vs. ECB's stable rates supports GBP • Rising oil prices risk Eurozone growth. Range: Expected to hold within recent limits. What could change it: • Upside: Positive UK jobs report • Downside: Trade tensions or weak UK data
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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 * :
What is the
Wise Send Money conversion rate for GBP to EUR?
The Wise GBP to EUR exchange rate is 1.1474. This is -0.38% compared to the latest GBP-EUR mid-market rate 1.1518.
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
Wise - Sterling to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest GBP-EUR mid-rate and the possible savings of using various providers.
How do Wise GBP-EUR rates compare between 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 1.1474, -0.38% from the latest mid-market rate 1.1518.
The next best is OFX at 1.1461, -0.49% from the mid-rate.
Then XE at 1.1449, which is -0.6% from the mid-rate.
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
like Wise or platforms that offer rates closer to the mid-market rate.