We’re transparent about our fees and always show you the total cost upfront. The British pound (GBP), also known as pound sterling, is the official currency of the United Kingdom and its territories. It is the world’s oldest currency still in use and the fourth most traded currency in the foreign exchange market. The pound is issued by the Bank of England and uses the symbol £. The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland.
And with our daily summaries, you’ll never miss out on the latest news. Secure international money transfers with competitive exchange rates and low fees. We carry out stringent and regular checks on the companies that feature on our website, but even so we cannot guarantee their solvency. Please conduct your own due diligence before transacting with a company, and pay by card wherever possible as cards offer more financial protection than paying by bank transfer. Some people prefer to buy half of their euros as soon as they’ve booked their holiday, and the remaining half just before they depart. This can be a good way of maximising your holiday money if the exchange rate continues to rise after you’ve bought, but will also help to minimise your losses if the rate drops.
Euro foreign exchange reference rates
Keep an eye on the latest exchange rates by signing up to our monthly newsletter and we’ll email the rates to you each month. Sending money to a company you might not have heard of before can be unsettling. These are the average Euro rates taken from our panel of UK travel money providers at the end of each day.
Send money overseas, save on fees
The pound sterling is the fourth most-traded currency in the foreign exchange market. Over 340 million people use the euro every day according to the European Central Bank, making it the second most-traded currency in the world after US dollars. If you’re travelling with a group, consider placing one large currency order instead of everyone buying euros individually. Convert GBP to EUR at today’s exchange rate with our free currency converter. We partner with leading data providers to bring you the https://forex-review.net/mercatox-review/ latest and most accurate prices for all major currencies and precious metals.
This isn’t a legal right, and a refund isn’t guaranteed, but if you make a chargeback request your bank is obliged to try and recover your money. If you have a fixed travel date, you should start to monitor the euro rates as soon as possible in the period leading up to your departure so that you’ve got time to buy when the rate is looking favourable. For example, if the euro rate has been steadily increasing over several weeks or months, it could be a good time to buy while the rate is high. Our interactive EUR to GBP chart use real-time mid-market exchange rates and allow you to view historical data up to the last 5 years. Set an alert now, and we’ll tell you when it gets better.
- Credit cards offer full financial protection, and your money is protected by law under Section 75 of the Consumer Credit Act.
- The EUR and GBP can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.
- By ordering online you’ll lock-in the better online rate and can collect your euros in person at a time that’s convenient for you.
- At Compare Holiday Money, we compare the euro rates from dozens of top UK foreign exchange providers to help you find the most competitive currency deals online and on the high street.
How to Convert Euros to British Pounds?
Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered. Schedule international transfers across 130 currencies in 190+ countries. Our product comparisons are completely unbiased and we never allow companies to pay to be at the top of any results.
Most supermarkets and currency suppliers offer better rates if you buy or reserve your currency online. If you’re planning to buy euros in store, place your order online beforehand to guarantee the online rate. Credit cards offer full financial protection, and your money is protected by law under Section 75 of the Consumer Credit Act. Section 75 states that your card issuer must refund you in full if you don’t receive your order. If the company goes bust and you’ve paid by bank transfer, it’s unlikely you’ll get your money back. For this reason, we recommend you pay by debit or credit card wherever possible because they offer more financial protection.
EUR to GBP – Convert Euros to British Pounds
The ECB has therefore decided to suspend its publication of a euro reference rate for the Russian rouble until further notice. The ECB last published a EUR/RUB reference rate on 1 March 2022. You’ll now see the value of the converted currency according to the most recent exchange rate. Our currency rankings show that the most popular Euro exchange rate is the EUR to USD rate. Timing is key if you want to maximise your euros, but the best time to buy will depend on the current market conditions and your personal travel plans. Funds are held in segregated client accounts with major banking partners, ensuring your money is protected throughout the transfer process.
If you need your euros sooner and don’t have time to wait for the rates to improve, you can still save money by comparing rates from a range of different providers before you buy. Online travel money suppliers usually have better euro rates than high street exchanges, but supermarkets are a good compromise if you want to collect your currency in person and still get a decent rate. Just remember to buy or reserve your euros first before you collect them from the store so you benefit from the supplier’s better online rate.
- Just remember to buy or reserve your euros first before you collect them from the store so you benefit from the supplier’s better online rate.
- Spain and Greece are responsible for printing €5 and €10 banknotes, Germany prints €100 notes, and the other EU member states are responsible for printing €20 and €50 notes.
- See our euro travel money comparisons to help you find the best euro rate today.
- Exchange rates can fluctuate by the minute while markets are open.
Instead, some companies pay us a small commission for referring customers to them which helps to fund our costs and keeps our service free to you. This does not affect the quotes you receive or the price you pay. Euros are governed and issued by the European Central Bank which is based in Frankfurt, but the actual production of euro banknotes and coins is handled by various national banks throughout the Eurozone. Spain and Greece are responsible for printing €5 and €10 banknotes, Germany prints €100 notes, and the other EU member states are responsible for printing €20 and €50 notes. Save money when you send, spend and get paid in over 40+ currencies.
Are you looking to get the best euro exchange rate for your next trip abroad? At Compare Holiday Money, we compare the euro rates from dozens of top UK foreign exchange providers to help you find the most competitive currency deals online and on the high street. Remember, exchange rates aren’t the only important factor when it comes to getting a good currency deal. Delivery fees, payment surcharges and other hidden costs can all affect the amount of money you’ll receive. See our euro travel money comparisons to help you find the best euro rate today. Some of the best travel money deals are only available from specialist online currency providers who offer better euro rates than high street bureaux de change.
Online foreign exchange providers who specialise in travel money usually offer the best euro exchange rates, and you’ll get the best deals when you buy online for home delivery. If waiting isn’t an option, or if you’d rather buy your euros in person, supermarkets typically offer the best euro rates on the high street – but don’t just walk in off the street unannounced. Reserve your euros online (ideally the day before you want to collect them) as most supermarkets offer enhanced exchange rates on their website compared to the rates they advertise in store. By ordering online you’ll lock-in the better online rate and can collect your euros in person at a time that’s convenient for you.
EUR to GBP exchange rates today
The Euro (EUR) is the official currency of 20 of the 27 member states of the European Union, collectively known as the Eurozone. It is the second most traded currency in the world after the US dollar. The Euro was introduced in 1999 and is managed by the European Central Bank.
GBP to EUR — Frequently Asked Questions
You could also consider signing up to our newsletter and we’ll email the latest rates to you each month. We handle high-value transfers with clear onboarding support and dedicated account management for transfers over €25,000. To view rates between the Euro and the British Pound for a particular year, click on one of the links below.
The currency and precious metals prices displayed on our site are aggregated from millions of data points and pass through proprietary algorithms in order to deliver timely and accurate prices to our users. Exchange-rates.org has been a leading provider of currency quotes and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk. Owing to current trading activity in the EUR/RUB market, the European Central Bank (ECB) is not in a position to set a reference rate that is representative of prevailing market conditions.
We continuously scan and track the latest euro rates from a wide range of currency providers to help you find the companies offering the best deals. Remember, exchange rates aren’t the only important factor when finding the best euro deal. Delivery costs, commission and payment surcharges can all affect the amount of money you’ll receive. See our comprehensive euro travel money comparisons to find the absolute best deal with all costs and charges factored in. We found 15 foreign exchange providers offering euros today. The table below shows the results ordered by best euro rate, assuming you wanted to buy £750 worth of euros for home delivery.
You can explore this further on our British pound to Euro currency chart. The mid-market rate is the real exchange rate between two currencies. Transfer rates include a small margin that allows us to provide our service.
