Currency Exchange Rate Update : March 25th 2015
1 EUR = 0.737058 GBP 1 GBP = 1.356745 EUR
After hitting a 7 year low against Sterling earlier in March – the Euro has managed to recover slightly. This week some preliminary data showed that manufacturing activity in the Eurozone expanded more than market expectations for March, easing concerns over the region’s growth outlook
Back in January 2007 Sterling was at a high of nearly €1.54: by January 2009 it weakened near to parity with the euro, with a pound worth just €1.02. Now it is worth about €1.35 – €1.36 .
With so much uncertainty in the currency markets at the moment , a Currency Broker can let you fix an exchange rate as much as 12 months in advance of your transfer. For good deals on large amounts of currency exchange – for personal money or for businesses – see our page on how to get the Best Exchange Rates
You might also be interested in this information about Transferring Money from Ireland to the UK