March 25th 2024 17:00
Euro to Pound Exchange rate today is at £0.8574
Pound to Euro Exchange rate today is at €1.1664
€1 EUR | is worth | £0.8574 Pounds |
£1 GBP | is worth | €1.1664 Euro |
€10,000 EURO | is worth | £8574 Pounds |
£10,000 GBP | is worth | €11664 Euro |
You Can Check the Live Euro to Sterling Exchange Rate Here
Will the Pound Rise Against the Euro ?
Pound Sterling has endured two successive weeks of decline against the Euro, but the prospect of tec a possible synchronisation in Eurozone and UK rate-cutting cycles will limit GBP weakness.
The Eurozone-wide inflation figures will be delayed with the Easter holidays and they will be released early next week. EU inflation data in will be closely scrutinised by FX investors as it could be instrumental for the outcome of the 11 April ECB policy meeting. Any fall in inflation below expected levels could corroborate the market expectation that the Governing Council would start preparing the ground for a potential rate cut as soon as the June policy meeting. In turn, the build-up of market ECB rate cut expectations could intensify and once again weaken the EUR vs GBP .
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For example- if the current exchange rate suits your future house purchase budget it would make sense to fix the rate now while you wait for your house to sell.
You can also place automatic orders – so that when a rate hits your target rate – the exchange is automatically carried out for you.
Get a Quote For A Currency Transfer
For more options when transferring large amounts of currency – see our article – How To To Get the Best Exchange Rates On International Money Transfers.