March 27th 2023 17:00
Euro to Pound Exchange rate today is at £0.8785
Pound to Euro Exchange rate today is at €1.1383
| €1 EUR | is worth | £0.8785 Pounds |
| £1 GBP | is worth | €1.1383 Euro |
| €10,000 EURO | is worth | £8785 Pounds |
| £10,000 GBP | is worth | €11383 Euro |
You Can Check the Live Euro to Sterling Exchange Rate Here
Will the Pound Fall Against the Euro ?
In 2022 , the pound was worth as little as €1.08 and as much as €1.21 against the Euro.
The Pound to Euro exchange rate hobbled to near year-to-date highs last week but it struggles to regain a foothold above the nearby 100-day moving average at €1.1389 as market attention returns to Euro Area inflation and the European Central Bank (ECB) interest rate outlook.
Last week, Michael Cahill, an FX strategist at Goldman Sachs raised his six and 12-month Pound to Euro forecast to €1.1368 (Previously €1.111).
The absence of commitment to any further increase in UK interest rates is one possible reason for the Pound’s underwhelming performance following last Thursday’sUK rate rise decision.
The news and information contained on this site are not investment advice.
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.