Convert British Pound to Euro
GBP to EUR Exchange Rate Calculator
1 British Pound (GBP) = 1.1578 Euro (EUR) at the live mid-market rate. That means $100 GBP converts to roughly 115.78 EUR, and $1,000 GBP converts to about 1,157.80 EUR. The GBP/EUR rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day GBP/EUR context
Over the past 90 days, GBP/EUR has traded between 1.1460 and 1.1595. The current rate of 1.1578 sits roughly 87% through that range — near the upper end, meaning Euro has been weaker than typical against British Pound recently. Versus the rate 90 days ago, British Pound has strengthened by 0.67% against Euro.
GBP/EUR Price History
Interactive GBP/EUR exchange rate chart with 7-day, 30-day, and 90-day views.
About British Pound (GBP)
The British Pound Sterling (GBP) is the official currency of the United Kingdom and one of the oldest currencies in continuous use, dating back over 1,200 years. It is issued by the Bank of England and is the fourth-most-traded currency globally.
- •In continuous use since Anglo-Saxon England — older than any major fiat rival
- •Fourth-most-traded currency, ~13% of daily global forex turnover
- •Bank of England sets Bank Rate via its Monetary Policy Committee (MPC)
- •GBP/USD carries the traders' nickname "Cable" from the 19th-century transatlantic telegraph cable
- •The UK left the EU on 31 January 2020; Brexit still shapes GBP volatility around trade headlines
About Euro (EUR)
The Euro (EUR) is the official currency of 20 European Union member states — collectively the Eurozone — and the world's second-most-traded currency. Introduced in 1999 as an accounting currency and 2002 as physical cash, it is managed by the European Central Bank (ECB) from Frankfurt.
- •Used daily by over 340 million people across 20 countries
- •Second-largest reserve currency, ~20% of global central bank reserves
- •EUR/USD is the world's most-traded currency pair (~23% of forex volume)
- •ECB sets the deposit facility rate, main refinancing rate, and marginal lending rate
- •Eurozone CPI target is 2% over the medium term
Frequently Asked Questions
How much is £1 in Euros?
Use the live rate above. GBP/EUR typically trades between 1.10 and 1.20 — so £1 is roughly €1.10 to €1.20. UK holidaymakers travelling to the Eurozone watch this rate closely.
Is GBP/EUR a good rate for Eurozone travel?
It depends on the spread. The mid-market GBP/EUR is the benchmark, but UK airport bureaux typically apply 5–10% markup. Get Euros from a multi-currency debit card (Wise, Revolut) for rates close to the mid-market shown in our converter.
When was GBP strongest against EUR?
Pre-2008 financial crisis, GBP traded above 1.40 EUR. Post-financial-crisis and post-Brexit, the range has reset to roughly 1.10–1.25. The structural weakening reflects the UK's smaller economy and persistent current-account deficit relative to the Eurozone.
Do UK-EU trade deals move GBP/EUR?
Yes. Any news about the Trade and Cooperation Agreement (TCA), Northern Ireland Protocol, or financial services equivalence can produce 50–100 pip moves. UK fiscal events (Budget, Spring Statement) are also reliable catalysts.
What's the relationship between GBP/EUR and EUR/GBP?
They're reciprocals. If EUR/GBP is 0.85, GBP/EUR is 1/0.85 = 1.176. Professional FX markets quote EUR/GBP — not GBP/EUR — because EUR is usually quoted first as the base when paired with GBP. Our converter handles both directions.
Related Conversions
More on GBP and EUR
Country money guides, key terms, rate history, and articles related to GBP/EUR.
Country guides
Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Reserve CurrencyA reserve currency is held in significant quantities by central banks and other major fina…
Rate history
- EUR/GBP historyEUR/GBP is the cross between the UK's and Europe's currencies — a pair dominated by Brexit, ECB-BoE policy divergence, and inter-European trade flows
- GBP/USD historyGBP/USD ("Cable" in forex slang, named for the 19th-century transatlantic telegraph cable) has been one of the most politically-driven major pairs of the last decade
Articles
- Currency Exchange Rates: How They Work and MoveLearn how currency exchange rates work, what causes fluctuations, and key factors every traveler, investor, and business should know.
- BRICS De-Dollarization Progress Tracker 2026: Latest Status & NumbersLive tracker of BRICS de-dollarization progress in 2026. USD reserve share, central bank gold buying, CIPS volume, member additions. Updated weekly with sources.
- Dollar Dying: USD Hits Lowest Reserve Share Since 1995The dollar's reserve share fell to 56.32% — lowest since 1995. China slashed Treasuries by 47%, BRICS settle 99% in local currencies, gold soaring.
Related Reading
Background on British Pound, Euro, and the forces that move GBP/EUR.
USD vs EUR: Exchange Rate History and Analysis
USD/EUR exchange rate history from 1999 to 2026. Key events, economic forces, and trends shaping the world's most traded pair.
guideHidden Fees of Sending Money Abroad: Real Costs
Discover the hidden costs of international money transfers. Learn how exchange rate markups, wire fees, and intermediary charges can cost you hundreds.
how-toCheapest Way to Send Money Internationally in 2026 (Fees Compared)
The cheapest way to send money internationally in 2026, compared side-by-side. Wise vs PayPal vs bank wire vs Remitly vs OFX — fees, exchange rate markups, speed, and total cost on a $1,000 transfer.
Exchange rates refresh hourly · Sourced from institutional-grade data providers