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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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The euro has fallen to multi-month lows in recent weeks, as a continued dovish stance from the European Central Bank (ECB) puts it increasingly at odds with its global counterparts, particularly the Federal Reserve and the Bank of England (BoE).

GBP/EUR fluctuates as investors reprice BoE ...

The pound traded in a wide range on Wednesday, as a weaker-than-expected inflation reading raised questions over whether the Bank of England (BoE) will hike interest rates next month.

GBP/USD slips from one month high as UK ...

The pound rallied on Tuesday, being underpinned by rising bets that the Bank of England (BoE) will hike interest rates in November.

Weekly roundup: Euro weakened by ECB policy ...

The euro spent most of last week’s session on the defensive as a clear EUR selling bias emerged.

Pound dips following initial BoE-driven gains

The pound started off on strong footing on Monday on the back of Bank of England (BoE) rate speculation, before slipping again during the European trading session.

GBP/EUR climbs to fresh 20-month high

The pound euro exchange rallied again on Friday, climbing to a fresh 20-month high, amidst Bank of England (BoE) rate speculation and Brexit optimism.

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