GBP/EUR Exchange Rates

Stay up to date with the latest Pound Sterling to Euro exchange rates, all in one place. Whether you’re sending money overseas, receiving funds from United Kingdom, or just tracking the market, we make it easy to see how the GBP is performing against the EUR. Our insights are useful for anyone making personal or business transfers, as well as travellers, investors, and anyone keeping an eye on the GBP to EUR exchange rate.

Mid-Market Exchange Rate

£
1.00 British Pound =1.15 Euros
1.00 BGR =1.15300946 EUR
1.00 EUR =0.85300946 BGR
Our currency converter displays mid-market exchange rates. You won’t receive these rates when making transfers.
Last updated:  Jan 1, 2024

Exchange rates move constantly, shifting throughout the day with global markets, central bank decisions, and wider economic trends. For anyone sending money from United Kingdom to Europe, these fluctuations can significantly affect how much arrives at the other end. Keeping track of the latest GBP to EUR movements allows you to time your transfer more effectively, so you can make the most of stronger rates

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Understanding the mid-market rate is a great starting point, but the real savings come from comparing what providers actually offer. Use our tool to discover the live exchange rates and total costs from leading providers.

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Popular Conversions

This table provides a quick reference for GBP/EUR and EUR/GBP conversions, showing at a glance how much you’d get in the other currency for different amounts. On the left, you’ll see the Euro (EUR) value for various Pound Sterling (GBP) amounts, and on the right, the reverse. It’s a handy guide to see how the GBP/EUR exchange rate works across a range of values.

Currency Comparison

This table offers a side-by-side look at the Pound Sterling (GBP) and the Euro (EUR), covering key facts about each currency. You’ll find details like their names, symbols, nicknames, minor units, and the countries where they’re used. It also shows which central bank issues them, when they were introduced, and how they rank globally in terms of usage. It’s a quick way to get familiar with the background of both currencies.

Basic DetailsGBPEUR
NameBritish PoundEuro
NicknameSterling, QuidEuritos, Yoyo, Leuro
Symbol£€
Minor UnitPennyCent
Minor Unit Symbolpc
CountryUnited KingdomEurozone (20 EU countries)
Central BankBank of EnglandEuropean Central Bank (ECB)
Year Introduced16941999
Countries of UsageUK, British Overseas Territories20 EU countries, 4 microstates
Major Currency Rank42

Pound Sterling to Euro Trend

This interactive chart tracks GBP/EUR trends over the past year, showing how the Pound Sterling has moved against the Euro. You can adjust the time range (7, 14, or 60 days) to zoom in on recent GBP to EUR exchange rate movements and spot short-term patterns. Hover over any point to see the exact exchange rate and date, with the percentage change for your chosen period displayed clearly in the top corner for quick reference.

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Historical Rates for GBP/EUR

This table shows the historical exchange rate ranges for the GBP/EUR currency pair over different time periods. For each period, you can see the lowest and highest rates recorded, giving you a sense of how the exchange rate has moved over time: from today, the past few days, up to the last 10 years, and even all time data. It’s a useful way to spot long-term trends or compare how the rate has shifted more recently.

PeriodLowHigh
Today1.11111.2222
Past 7 Days1.11111.2222
Past 30 Days1.11111.2222
Past 60 Days1.11111.2222
Past 10 Years1.11111.2222
All time1.11111.2222

GBP/EUR History

2026

In 2026, the average GBP/EUR exchange rate was approximately 1.1576

The GBP/EUR hit its highest point of the year on July 15, 2026, when the rate was approximately 1.1807

Its lowest point came on March 1, 2026, when the rate was approximately 1.1391

2011-2025

Between 2011-2025, the average GBP/EUR exchange rate was approximately 1.1850.

The highest GBP/EUR rate in this period was on July 18, 2015, when the rate was 1.4409.

The lowest GBP/EUR rate in this period was on March 18, 2020, when the rate was approximately 1.0605.

The latest GBP/EUR exchange rate is currently:

Amount
1.000
GBPGBP
Converted to
1.111
EUREUR
Date
22 July 2024
1.000GBP
=
1.111EUR

Factors Influencing Future Movements

Some of the main factors set to influence the GBP/EUR exchange rate are:

  • Economic Growth:The strength of the British Pound Sterling against the Euro is often influenced by the economic performance of both the UK and the Eurozone. The UK economy is projected to grow by 1.4% in 2025 and 1.6% in 2026, while the Eurozone is expected to grow by 0.9% and 1.4% in the same years. A stronger economic outlook generally supports a stronger currency, making growth differentials a key driver of the GBP/EUR exchange rate.
  • Interest Rates: Differences in monetary policy between the Bank of England and the European Central Bank can significantly impact the GBP/EUR rate. The UK’s base interest rate is forecast to be around 3.25% by the end of 2026, compared to a forecast of 2% for the Eurozone. Higher interest rates tend to attract more foreign investment, increasing demand for the currency and potentially strengthening the pound relative to the euro.
  • Trade Dynamics: The UK’s trade relationships with the EU and other major economies, especially post-Brexit, remain a major factor in currency valuation. Changes in trade balances, tariffs, or agreements can shift investor confidence and influence the GBP/EUR rate. Europe’s own trade flows and global supply chain positions also contribute to broader euro movements.
  • Global Market Sentiment: Investor sentiment, political developments, and global market trends will continue to influence demand for the pound and the euro. The 10-year yield on UK government bonds is forecast to reach 3.9% by the end of 2026, slightly higher than the Eurozone’s projected 3%. While higher yields can make a currency more attractive, they may also signal concerns about inflation or risk, which can have mixed effects on exchange rates depending on the broader context.

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