GBP to EUR — today's rate explained
As of 2026-07-08, 1 British Pound equals 1.1701 Euro at the mid-market exchange rate. This is the fairest reference rate — the midpoint between what buyers and sellers are paying on global currency markets.
The British Pound to Euro exchange rate reflects the relative economic strength, interest-rate differential, and trade balance between the United Kingdom and the Eurozone.
About the GBP and EUR
British Pound (GBP, £): The British Pound Sterling is one of the oldest currencies still in use and a major reserve currency. It is the official currency of the United Kingdom.
Euro (EUR, €): The Euro is the official currency of 20 European Union member states and the second most traded currency worldwide. It is used in the Eurozone.
What moves the GBP/EUR exchange rate?
Exchange rates respond to interest-rate decisions by central banks such as Bank of England and European Central Bank, inflation data, trade balances, and geopolitical events.
For GBP/EUR specifically, shifts in capital flows between the United Kingdom and the Eurozone, changes in commodity prices, and differences in economic growth rates all contribute to daily rate movements.
GBP to EUR — 30-day performance
Over the past 30 days, GBP/EUR traded between 1.1523 and 1.1708, with the pair gaining 1.14% overall. The current rate of 1.1701 sits above the 30-day midpoint of 1.1616.
Historical context helps you judge whether today's rate is relatively strong or weak, but past performance does not predict future movements. Always compare the rate you are offered against the mid-market figure shown here.
How to get a better GBP to EUR rate
Banks and card providers typically add a 1–4% margin on top of the mid-market rate shown on this page, plus fixed transfer fees. Before exchanging GBP for EUR, compare the final amount you will receive — not just the headline rate.
For larger amounts, specialist money-transfer services often beat bank rates. For travel, prepaid multi-currency cards or local ATMs may offer competitive rates depending on your bank's foreign-transaction fees.