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Euros to Pounds

Here you'll find everything you need to know about sending euros to pounds, including the current exchange rate, historical charts, news and more.

EUR to GBP transfers

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Your request has been sent to one of our expert teams.

We aim to respond to any enquiry as soon as possible. In the meantime, if there is anything else we can help you with, please let us know.

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EUR GBP exchange rate

The current exchange rate for euros to pounds is:

1.12747*

This converter uses indicative 'interbank' rates. See below for more details. For our exchange rates, just click 'Get a quote'.


Here’s what you need to know about EUR/GBP currency transfers

If you’re living in the Eurozone and need to send money back to the UK, you’ll need to secure the best euro (€) to pound (£) exchange rate to make your funds go further.

EUR/GBP exchange rate facts

In the early 90s the EUR/GBP exchange rate was kept within a limited range by the Exchange Rate Mechanism (ERM). However, the UK crashed out of this on ‘Black Wednesday’ (September 16th 1992) and since then the pairing has seen considerable peaks and troughs.

  • The EUR/GBP exchange rate came within three pennies of parity on December 31st 2008 after rising to £0.9777.
  • Since the UK voted to leave the European Union on June 23rd 2016, the euro has risen against the pound to trend at its best levels in around seven years.
  • The lowest EUR/GBP rate of the last ten years was recorded during the financial crisis, when the pairing was at £0.6933.
  • On average, EUR/GBP currency transfers account for 2% of all foreign exchange transactions.

Euro and pound Sterling currency information

The euro is often called the ‘common currency’ or the ‘shared currency’, because it is used by 19 different countries. All member nations of the European Union, barring Denmark and the exiting United Kingdom, are obligated to join the euro eventually when they meet certain criteria. The pound, meanwhile, is often referred to as ‘Sterling’.

The UK uses a combination of plastic and paper money, with notes in denominations of £50, £20, £10 and £5. Coins come in denominations of £2, £1, 50 pence, 20 pence, 10 pence, 5 pence, 2 pence and 1 penny. The Bank of England (BoE) issued a new design of £1 coin on the 28th of March 2017 that features twelve sides.

GBP/USD exchange rate movement

The euro and the pound are both heavily influenced by political news and domestic data from the Eurozone and the UK respectively.

The EUR/GBP pairing has also experienced notable volatility since the UK voted to leave the European Union in 2016, a move which is liable to affect the economies of both nations.

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Political anxiety weighed heavily on the pound yesterday as Theresa May agreed to set a departure date after MPs vote on her withdrawal agreement for the fourth time.

Pound sinks, May to step down by the summer?

The pound fell to new multi-month lows on Thursday as Theresa May agreed to set out a timetable for her departure as PM.

EUR/GBP rises almost 3 pence

May is marching on and the euro has spent the first half of the month strengthening against the pound (with EUR/GBP rising from 0.84 to 0.87) and fluctuating against the US dollar (with EUR/USD trading around 1.12).

Resilient Eurozone trade may return euro to ...

The euro failed to find much in the way of support yesterday even as the German economy avoided a contraction in the first quarter.

Pound sinks on cross-party doubts

The pound suffered some sharp losses yesterday as concerns over the state of the cross-party Brexit talks continue to grow.

Could Eurozone growth data shore up euro?

EUR exchange rates could find a boost this morning if the first quarter Eurozone gross domestic product shows signs of resilient growth.

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