British Pound to Euro — GBP to EUR
GBP to EUR Converter
GBP/EUR Rate — Last 30 Days
GBP edged up 0.52% this week — modest gains, no strong directional signal.
The 7-day and 30-day averages are very close — GBP/EUR is consolidating without a clear directional bias. Watch for a breakout from this range.
The rate is within the top 20% of its 30-day range — bullish short-term positioning. A break above the high could accelerate momentum.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 1.1605 | 1.1526 | 1.1575 |
| 30 days | 1.1605 | 1.1473 | 1.1556 |
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Historical GBP/EUR Rates by Year
What drives the GBP/EUR rate?
Whether you're converting GBP for travel, business, or investment, here's what drives the GBP to EUR exchange rate. The GBP/EUR exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best GBP to EUR rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 GBP exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.