Euro to Pound Exchange Rate News

May 23rd 12:00

Euro to Pound Exchange rate today is at £0.8521

Pound to Euro Exchange rate today is at €1.1737

€1 EURis worth£0.8521 Pounds
£1 GBPis worth€1.1737 Euro
€10,000 EUROis worth£8521 Pounds
£10,000 GBPis worth€11737 Euro
Sterling to Euro Exchange Rate

You Can Check the Live Euro to Sterling Exchange Rate Here

Will the Pound Rise Against the Euro ?

The Pound to Euro exchange rate traded at its highest level in two and a half months at 1.1746 as newswires first broke the news Sunak was set to call the July 04 UK election.

Barclays forecasts that EUR/GBP will grind toward 0.82 by Q1 2025, which gives a GBP/EUR target of 1.22.

Rabobank maintains a 6-12 month forecast of EUR/GBP 0.84 based on the view that a more stable UK political landscape will allow GBP to continue the slow, grinding recovery that has been in evidence since the start of 2023. EUR/GBP at 0.84 gives a GBP/EUR exchange rate of 1.19.

Fluctuations in Exchange Rates can make it a nerve-wracking time if you are planning to change large amounts of Sterling or Euro soon.

Using a Currency Exchange company can remove some of the uncertainty if you are wondering “is now a good time to change pounds to euros or “When is the best time to buy euros“.

Crucially, a currency transfer specialist can enable you to fix an exchange rate as much as 12 months in advance of a transfer.
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

Garton Global Payments is based in London and was set up by Irish native Niall Walsh. They have plenty of experience in dealing with large money transfers between Ireland and other countries. All payment processing is carried out on the CurrencyCloud platform which is fully authorized and regulated in the UK, EU, US, and Canada .
You can request a quote online or call the Garton team direct on (UK) +44 20 8004 5841 or on their Irish number 1800-816349

For more options when transferring large amounts of currency – see our article How To To Get the Best Exchange Rates On International Money Transfers.

The news and information contained on this site are not investment advice.

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