Euro to Sterling Exchange Rate News

Euro Sterling Exchange Rate Today

January 26th 09:00

Euro to Sterling Exchange rate today is at £0.89

Sterling to Euro Exchange rate today is at €1.1236

€1 EURis worth£0.898 GBP
£1 GBPis worth€1.1236 EUR
€10,000 EURis worth£8900 GBP
£10,000 GBPis worth€11236 EUR
Sterling to Euro Exchange Rate

After a poor start to 2021 for Sterling, it has risen slightly in recent days, putting the poor start to 2021 behind it. Sterling has risen 0.7% against the Euro in 2021 so far – which is nowhere near as much as some forecasters expected after a Brexit deal.

Foreign exchange analysts at Germany’s Commerzbank said last week that the Pound remains overvalued against the Euro and Brexit will continue to weigh on UK economic performance.
They forecast the Pound-Euro exchange to be at €1.15 by the end of March and €1.136 in September falling to €1.11 by March 2022.

This week, analysts at HSBC also forecast a weakening of Sterling in 2021. They forecast the Euro rising in value against the Pound to £0.94. (This gives a Pound-to-Euro exchange rate forecast target of €1.0638 )

Currency fluctuations can make it a nerve-wracking time for anyone planning to exchange large amounts of Sterling or Euro in the next few months.
They will be always wondering when is a good time to buy?

Using a Currency Exchange company can remove some of the uncertainty. Crucially, they
can enable you to fix an exchange rate as much as 12 months in advance of a transfer. So – for example- if the current exchange rate suits your future house purchase budget it would make sense to fix the rate now.

Get a Quote For A Currency Transfer

You can get a quick quote for currency transfer at the Fexco Website . 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 information on how to exchange large amounts of currency – see our article explaining How To Get the Best Exchange Rates.

You might also be interested in this information about  Transferring  Money between Ireland and the UK

If you are looking at when is the best time to buy Sterling in cash for a trip to the UK – then take a look at this page. The Best Places to Buy Sterling in Ireland

Lowest Price Share Dealing in Ireland