Euro Pound Sterling Exchange Rate Today: November 14th 2019 10:00
1 GBP = 1.16850 EUR
1 EUR = 0.85572 GBP
The Pound rose against the Euro, Dollar and other major currencies earlier his week after the odds of a Conservative Party majority were raised following the decision by the Brexit Party to not contest existing Conservative seats. Today the GBP/EUR exchange rate reached a high of 1.1686, its highest level since May 2019.
There is the possibility of a formal deal between the Conservatives and the Brexit Party which – would leave the Brexit Party targeting just 40 key seats . If this is agreed we expect further increases in Sterling.
The highest the Pound reached against the Euro in the past 365 days was €1.1801 achieved on 14-03-2019. Today’s exchange rate is 1% lower than that.
Even with a deal – there will be limits to the Pound’s rise because Brexit will still subject the UK economy to frictions and disruptions.
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
You might also be interested in this information about Transferring Money between Ireland and the UK
If you are just looking at the best time to buy some Sterling cash for a holiday – take a look at our page about the best place to buy Sterling in Ireland