August 15h 2022 14:00
Euro to Pound Exchange rate today is at £0.8438
Pound to Euro Exchange rate today is at €1.1852
|€1 EUR||is worth||£0.8438 Pounds|
|£1 GBP||is worth||€1.1852 Euro|
|€10,000 EURO||is worth||£8438 Pounds|
|£10,000 GBP||is worth||€11852 Euro|
You Can Check the Live Euro to Sterling Exchange Rate Here
Will the Euro fall against the Pound ?
In 2022 so far, the pound has been worth as little as €1.15 and as much as €1.21 against the euro.
Pound Euro exchange rates raced ahead at the start of 2022 as investors saw the Bank of England leading the charge in raising interest rates, which is typically considered supportive of a currency.
Sterling ended last week little changed when compared with the Euro after benefiting when June and second quarter UK GDP fell less than was expected by the market.
There is uncertainty over how th eGBP/EUR rate will respond to any up or down surprises in July’s inflation numbers due from the UK on Wednesday.
Latest Pound to Euro Forecasts
Last week , Goldman Sachs latest Euro to Pound exchange forecasts were downgraded to £0.83 and £0.84, from £0.88 and £0.90 previously.
This gives a Pound to Euro forecast upgrade to €1.2050 in three months and €1.19 in six months (Up from €1.1364 and €1.11 previously.)
The news and information contained on this site are by no means 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
You can get a quick quote for currency transfer from Fexco .
Setting up an account costs nothing and once you are registered you can arrange money transfers or talk about securing an exchange rate for a future transaction.
Fexco is based in Ireland and authorised as a payment services provider by the Central Bank of Ireland.
In the UK, Fexco is regulated by the Financial Conduct Authority.
For more options when transferring large amounts of currency – see our article – How To To Get the Best Exchange Rates On International Money Transfers.