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Pounds to Euros

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

GBP to EUR 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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GBP EUR exchange rate

The current exchange rate for pounds to euros is:

1.12747*

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


Pound to euro (GBP/EUR) exchange rate international money transfers

The pound (£) to euro (€) exchange rate allows you to send money from the UK to a bank account within the Eurozone. Everyone from overseas retirees, aspiring expat families and young professionals heading to countries like France, Spain and Germany has a need to make GBP/EUR international money transfers.

Key pound to euro exchange rate facts

Since September 2007 the GBP/EUR exchange rate has traded between lows of €1.0227 and highs of €1.4485.

Don’t forget! These are interbank exchange rates.

  • Between October 1990 and September 1992 the UK was part of the European Exchange Rate mechanism, which required the GBP/EUR exchange rate to remain within a fixed range
  • The pound fell to its weakest rate against the euro on September 15th 2008, when it was reported that Lehman Brothers had collapsed.
  • Sterling climbed to its highest levels of the past decade in 2015 as fears that Greece would ‘Grexit’ from the EU left the euro struggling.

Pound and euro currency information

The pound is often referred to as ‘Sterling’, while nicknames for the euro include the ‘common currency’ and the ‘shared currency’. Euro notes are available in denominations of €200, €100, €50, €20, €10 and €5. There is a €500 note in circulation, although the European Central Bank (ECB) decided to end its production and will stop issuing it around the end of 2018.

USD is one of the world’s most stable currencies, so its value often changes depending upon how uncertain the market feels about global political or economic factors. Meanwhile, GBP is very sensitive to domestic political events and economic data. These variables all affect the amount you receive when making a pound to US dollar currency transfer.

Euro coins are available in denominations of €2, €1, 50 cents, 20 cents, 10 cents, 5 cents, 2 cents and 1 cent.

GBP/EUR exchange rate movement

Both the pound and euro are highly influenced by political events and domestic data from their respective nations. The 2016 UK Brexit referendum hammered Sterling lower against the euro, causing the worst period of weakness for GBP/EUR since the 2008 financial crisis.

Specific issues, like the UK’s Brexit negotiations with the European Union and the Federal Reserve’s attitude to interest rates have had a substantial impact on pound and US dollar exchange rates in recent years.

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The pound traded in a wide range over the past month, mostly as a result of the Bank of England’s decision not to raise interest rates following its November policy meeting.

Other currencies

Check how the pound is performing against other currencies around the world.

Or view our main charts page to check any of our other currency rates