Euro to Pound Exchange Rate News

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 EURis worth£0.8438 Pounds
£1 GBPis worth€1.1852 Euro
€10,000 EUROis worth£8438 Pounds
£10,000 GBPis worth€11852 Euro
Sterling to Euro Exchange Rate

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.

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

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

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.

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