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GBP to EUR Currency Converter

Convert British Pounds to Euros with Real-Time Exchange Rates

✨ Live GBP/EUR Rates Updated Hourly

British Pound to Euro Conversion

Get the latest GBP to EUR exchange rate

1 GBP = 1.17 EUR
Current Exchange Rate (Live)
117.00 EUR
100.00 GBP equals
Exchange Rate: 1 GBP = 1.17 EUR
âš¡ Real-time GBP to EUR exchange rates

About GBP to EUR Conversion

The GBP to EUR exchange rate represents how many Euros you receive for each British Pound. This currency pair is one of Europe's most actively traded forex pairs, with exceptional liquidity and tight spreads. The GBP/EUR rate is critical for trade and travel between the United Kingdom and the European Union, particularly following Brexit.

Our GBP to EUR converter uses live mid-market exchange rates updated hourly, providing conversion between British Pounds and Euros. Whether you're traveling to Europe from the UK, making business payments, importing goods, or monitoring currency markets, this tool delivers reliable GBP/EUR rates instantly.

Current GBP to EUR Trends

The British Pound to Euro exchange rate is influenced by several key macroeconomic factors:

  • Bank of England (BoE) Policy: UK interest rates and monetary policy directly impact GBP strength
  • European Central Bank (ECB) Policy: Eurozone interest rates and quantitative easing measures
  • Brexit Developments: Post-Brexit trade agreements and UK-EU economic relationships
  • Economic Performance: UK vs. Eurozone GDP growth, employment figures, and manufacturing data
  • Inflation Differentials: Relative inflation rates between UK and Eurozone countries
  • Political Events: UK government stability, EU policy changes, and geopolitical developments
  • Trade Balances: Import/export dynamics between Britain and European nations

Historical GBP/EUR Exchange Rate

The British Pound to Euro has experienced dramatic fluctuations since the Euro's creation:

  • 1999 Launch: GBP started very strong at 1.40-1.60 EUR per Pound
  • 2000 Peak: GBP reached 1.67 EUR (Pound at historical strength)
  • 2008 Financial Crisis: GBP fell to 1.02-1.10 EUR during banking crisis
  • 2009-2015: GBP stabilized around 1.15-1.25 EUR range
  • 2016 Brexit Vote: Pound crashed from 1.30 to 1.08-1.12 EUR overnight
  • 2017-2019: GBP fluctuated 1.08-1.20 EUR during Brexit uncertainty
  • 2020 COVID-19: GBP dropped to 1.07 EUR during pandemic panic
  • 2026 Current: GBP trading around 1.16-1.18 EUR, recovering post-Brexit stability

Best Ways to Exchange GBP to EUR

Getting the best GBP to EUR rate can save substantial money on UK-Europe transfers:

  • Online Transfer Services: Wise, Revolut, CurrencyFair, OFX (0.3-1.5% above mid-market)
  • Multi-Currency Cards: Wise, Revolut, Monzo cards (near mid-market rates, perfect for travel)
  • UK High Street Banks: HSBC, Barclays, Lloyds (3-6% markup, avoid for large amounts)
  • Post Office: Decent rates for cash (2-4% markup), better than most bureaux
  • Specialist Forex Brokers: Moneycorp, Currencies Direct (0.5-2% markup for £5,000+)
  • Avoid: Airport kiosks (8-12% markup), hotels (10-18% markup), tourist-area bureaux
  • Pro Tip: For transfers over £10,000, use forward contracts to lock in rates

Traveling to Europe from the UK? Money-Saving Tips

British travelers heading to the Eurozone can maximize their Pounds with these strategies:

  • Multi-Currency Cards: Load GBP on Wise/Revolut, spend in EUR at near mid-market rates
  • Use European ATMs: Withdraw Euros abroad (cheaper than UK exchange bureaux)
  • Debit Cards: Monzo, Starling, Halifax Clarity offer no foreign transaction fees
  • Avoid Dynamic Currency Conversion: Always pay in EUR, never GBP, when abroad
  • Pre-Order Cash: Order Euros from your bank 2-3 days ahead for better rates
  • Split Your Money: Use cards for main expenses, carry €100-200 cash for emergencies
  • Compare Rates: Check Compare The Market or MoneySavingExpert before exchanging

Brexit's Impact on GBP to EUR

Brexit fundamentally altered the GBP/EUR exchange rate landscape:

  • Referendum Day (23 June 2016): Pound collapsed from 1.30 to 1.08-1.12 EUR overnight
  • Article 50 Trigger (March 2017): Further GBP weakness to 1.09-1.15 EUR
  • 2017-2019 Negotiations: Extreme volatility, GBP swinging 1.08-1.20 EUR
  • 2020 Trade Deal: Initial GBP recovery to 1.10-1.13 EUR
  • Post-Brexit Trade: New customs procedures increased business costs
  • 2021-2026 Stabilization: GBP gradually recovered to 1.15-1.18 EUR
  • Ongoing Effects: UK-EU trade friction continues to impact rate volatility

When is the Best Time to Convert GBP to EUR?

Timing your GBP to EUR conversion can significantly improve your rate:

  • Economic Announcements: BoE and ECB meetings cause 0.5-2% rate swings
  • Trading Hours: Best liquidity during London trading (8AM-5PM GMT)
  • UK Economic Data: GDP, inflation, employment reports move GBP significantly
  • Brexit Developments: UK-EU trade news still impacts rates materially
  • Avoid Fridays: Rates can be volatile before weekends
  • Monitor Trends: Use limit orders to auto-convert at your target rate
  • Holiday Periods: Lower liquidity around Christmas, Easter, August
  • Pragmatic Approach: For travel, convert 2-4 weeks before departure

GBP to EUR for Business Payments

UK businesses making payments to Europe should consider:

  • Forward Contracts: Lock in today's rate for payments up to 2 years ahead
  • Limit Orders: Set your target rate and auto-convert when reached
  • Regular Payment Plans: Automate recurring Euro payments at consistent rates
  • Hedging Strategies: Protect against GBP weakness for large exposures
  • Mass Payment Services: Pay multiple European suppliers in one transfer
  • Business Accounts: Wise Business, Revolut Business, CurrencyFair for SMEs
  • Volume Pricing: Negotiate rates for transfers over £50,000
  • Multi-Currency Accounts: Hold EUR in UK to avoid repeated conversions

Popular GBP to EUR Conversion Amounts

Here are commonly searched GBP to EUR conversions at current rates:

  • £100 to EUR: Approximately €117
  • £500 to EUR: Approximately €585
  • £1,000 to EUR: Approximately €1,170
  • £5,000 to EUR: Approximately €5,850
  • £10,000 to EUR: Approximately €11,700
  • £50,000 to EUR: Approximately €58,500

GBP to EUR Converter - Frequently Asked Questions

What is the current GBP to EUR exchange rate?
The current GBP to EUR exchange rate fluctuates throughout the day. Use our converter above for the latest real-time rate, updated hourly. As of today, 1 GBP typically equals approximately 1.16-1.18 EUR, but check the live rate for precision.
How much is 100 GBP in EUR?
At the current exchange rate of approximately 1.17 EUR per GBP, 100 British Pounds equals about 117 Euros. Use the converter above for the exact amount based on today's live rate.
How much is 1000 GBP in EUR?
1000 British Pounds converts to approximately 1,170 Euros at the current rate (1 GBP = 1.17 EUR). The exact amount varies based on the real-time exchange rate.
Is the British Pound stronger than the Euro?
Yes, the British Pound is stronger than the Euro. 1 GBP equals approximately 1.16-1.18 EUR, meaning one Pound buys more than one Euro. The GBP has historically traded at a premium to the EUR since the Euro's introduction in 1999, though Brexit reduced this premium significantly.
Where can I get the best GBP to EUR exchange rate?
The best GBP to EUR rates are typically found at: (1) Online money transfer services like Wise, Revolut, CurrencyFair (0.3-1.5% above mid-market), (2) Multi-currency cards for travel spending (Wise, Monzo, Starling), (3) Specialist forex brokers for large amounts (£5,000+). Always avoid airport kiosks and hotel exchanges which charge 8-18% markups.
What affects the GBP to EUR exchange rate?
Key factors include: Bank of England and European Central Bank interest rate decisions, UK and Eurozone economic growth data (GDP), inflation rates, Brexit-related developments, political stability in both regions, trade balances, and global risk sentiment. Post-Brexit, UK-EU trade relationships continue to significantly impact this currency pair.
Should I exchange GBP to EUR before traveling to Europe?
For most UK travelers, it's better to use a multi-currency card (Wise, Revolut, Monzo) or a UK debit card with no foreign fees and withdraw Euros from European ATMs. If you prefer cash, exchange £100-200 before departure for initial expenses, but avoid exchanging large amounts at UK bureaux de change or airports due to poor rates.
How do I convert GBP to EUR?
Simply enter your GBP amount in the converter above, and the EUR equivalent will be calculated instantly using the current exchange rate. The tool shows you exactly how many Euros you'll receive for your British Pounds based on real-time mid-market rates.
How has Brexit affected the GBP to EUR rate?
Brexit significantly weakened the Pound against the Euro. The GBP/EUR rate fell from 1.30 pre-referendum to lows of 1.08-1.12 immediately after the Brexit vote. As of 2026, the rate has stabilized around 1.16-1.18, but remains below pre-Brexit levels and continues to be sensitive to UK-EU trade developments.

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