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GBP to EUR - British Pound to Euro Converter

Convert British Pound to Euro with daily ECB exchange rates

1 GBP = ~1.15 EUR (rates vary)

Rates verified daily from ECB official reference ratesSource: European Central Bank (16:00 CET daily)For informational purposes only. Not financial advice.

Quick Insight

GBP and EUR move in a modest band. For quick estimates, £1 is roughly €1.15-€1.20 depending on market conditions.

GBP and EUR typically stay within a small range; use rate alerts for timing.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common GBP - EUR Conversions

24h Change
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7d Change
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30d Change
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1y Change
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Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

A mix of central bank policy (BoE and ECB), inflation differentials, trade balances, political developments, and market risk sentiment drives the rate. Global capital flows and risk appetite also matter.

Economic Context

Trading Relationship

The UK and Eurozone engage in substantial trade in goods and services, with currency movements affecting cross-border pricing, margins, and competitiveness for exporters and importers.

Key Rate Factors

  • Bank of England monetary policy
  • European Central Bank monetary policy
  • UK-EU trade balance and tariffs
  • Currency risk sentiment and global growth
  • Inflation differentials and capital flows

Central Banks

Bank of England
London, United Kingdom
Sets monetary policy for the UK, guiding interest rates and money supply to maintain price stability and support economic growth.
European Central Bank
Frankfurt, Germany
Manages monetary policy for the euro area, controlling rates and liquidity to preserve price stability across member states.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates

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