Euro to Sterling Exchange Rate : June 15th 2018 9am
1 GBP = 1.145 EUR
1 EUR = 0.8734 GBP
The pound dropped sharply against the euro on Monday 11th , after disappointing UK economic data – but recovered on Thursday 14th after a very cautious speech from European Central Bank (ECB) President, Mario Draghi. Meanwhile, UK retail sales beating expectations also lifted the pound. As a result, the pound euro exchange rate rallied over 1% to hit a two and a half week high of €1.1462.
The ongoing uncertainty over Brexit will continue to affect Sterling and we expect more volatility for the pound throughout the next stages of Britain’s negotiations with the EU.
The best Pound to Euro exchange rate of the past 365 days was €1.158 on 17-04-2018.
Sterling did not perform too well overall in 2017 – at its lowest point the Pound went to just €1.08 – down from €1.31 in the month before the Brexit referendum in 2016.
With so much uncertainty in the currency markets at the moment – it could get quite stressful for people or businesses planning large Euro / Sterling exchanges in the next few months. We are in a period of rate volatility which, depending on your timescales and budget, could cause problems if you are not properly prepared.
Using a Currency Exchange specialist can remove some of the uncertainty by allowing you to fix an exchange rate as much as 12 months in advance of your transfer. For good deals on currency exchange for large amounts – 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 a UK Bank
If you are just looking to buy some Pounds , Dollars or other foreign cash for a holiday – take a look at our page about the best place to buy travel currency in Ireland