GBP to EUR Exchange Rate Today
Convert British Pounds to Euros with live GBP/EUR rates for European travel, property, or business. Track post-Brexit exchange rates.
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Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current GBP to EUR exchange rate?
The British Pound to Euro rate typically ranges between €1.10-1.20 per £1. This is one of Europe's most important currency pairs. Bank of England and ECB policies, Brexit developments, and UK-EU trade relations heavily influence this rate.
Why is GBP/EUR the most watched UK currency pair?
UK-EU trade totals around £500-600 billion annually. Uses include European holidays (Spain, France, Italy), UK businesses trading with EU, property purchases in Europe, British expats living in EU countries, and students at European universities. Brexit made this rate extremely volatile.
How has Brexit affected GBP/EUR?
GBP fell from €1.30 to €1.10 during 2016 referendum, creating 15% loss for UK travelers. Ongoing Brexit negotiations, trade deal terms, and Northern Ireland protocol issues continue causing volatility. Bank of England and ECB policy divergence adds further movement.
What's the best way to get Euros with Pounds?
Use Wise or Revolut for best rates (0.3-0.5% markup on major pairs), avoid airport exchanges (4-6% markup), UK banks charge 2-3%, withdraw from European ATMs after arrival, and for large amounts (property purchases), use forex brokers like Moneycorp or TorFX.
When should I convert GBP to EUR?
London retirees buying Costa del Sol properties benefit when sterling exceeds €1.18, reducing £400K villa cost by €16K versus €1.16. BOE and ECB rate decisions (8 meetings annually each) create 2-3% swings within hours. Brexit referendum crashed GBP from €1.30 to €1.11—recovering to €1.15-1.20 by 2024. British tourists to Paris and Barcelona watch for sterling strength; capturing €1.20 versus €1.17 delivers €15K on £500K spending. TCA trade deal volatility creates quarterly opportunities for timing conversions.