Exchange Rate Euro to Pound – Live Rate, Converter & Best Deals Today
Need to know the latest exchange rate from euro to pound? This guide covers the live EUR/GBP rate, how much your money is worth, how to find the best deal, and what drives the currency pair.
What is the Current EUR to GBP Exchange Rate?
0.8721 (Xe, 28 May 2026)
Not specified in supplied data
Use Xe or Revolut; compare mid-market vs actual quote
~0.84–0.87 (based on recent range)
- The mid-market rate is the true exchange rate; always compare it to what providers offer.
- Using a specialist online service (like Revolut or Xe) is often cheaper than high-street banks or Post Office.
- EUR/GBP has been relatively stable in 2025 (range ~0.84–0.87) but can react sharply to UK inflation data.
- Xe’s live mid-market rate on 28 May 2026 was 0.872141 at 17:08 UTC.
- The European Central Bank (ECB) reference rate for the same day was 0.86665 – a benchmark widely used for institutional transactions.
- Revolut displayed an example conversion of 100 EUR = 87.72 GBP, implying a rate of roughly 0.8772.
- OFX data shows a six-month average of 0.869455, with a recent low of 0.865718 on 26 May 2026.
| Metric | Value |
|---|---|
| Current EUR/GBP rate (Xe) | 0.872141 |
| Mid-market vs. buy/sell spread | Spread varies by provider; mid-market is the reference |
| Best available rate today (example provider) | Not determinable from supplied data – depends on fees/markup |
| ECB reference rate (28 May 2026) | 0.86665 |
| Year-to-date change (Jan–May 2026) | Rate moved from 0.875087 to 0.865718 (approx -1.1%) |
| Recent Revolut example rate | ~0.8772 (implied from 100 EUR = 87.72 GBP) |
| Six-month average (OFX) | 0.869455 |
| ECB May 2026 range | 0.86255–0.87050 |
| Rate change frequency | Continuous during forex market hours |
| Best for historical data | OFX (20+ years daily/monthly/yearly) |
| Best for live mid-market rate | Xe |
Live Euro to Pound Rate (Mid-Market)
Xe publishes the current mid-market rate for EUR/GBP, which on 28 May 2026 stood at 0.872141. The mid-market rate, also called the interbank rate, is the midpoint between the buy and sell prices of a currency pair in global markets. It is the rate you see on financial data sites and is used as a benchmark by most comparison tools. Xe explicitly defines its live rate as the mid-market rate.
Today’s EUR/GBP Movement
The supplied data does not include a specific daily change figure in pips or percentage. However, Xe provides a 12-month chart of real-time mid-market rates, and the ECB page shows recent daily reference rates in May 2026 clustering between 0.86255 and 0.87050, indicating a relatively narrow band over that month. OFX data shows the rate at 0.865718 on 26 May 2026.
Why Exchange Rates Change Constantly
Exchange rates fluctuate due to global supply and demand for currencies. Key factors include interest rate decisions by central banks (ECB and BoE), economic data releases such as GDP and inflation (CPI), and geopolitical events like Brexit or trade deals. The forex market operates 24 hours a day during the business week, meaning rates shift constantly with each new trade.
How Much is 100 Euros in Pounds? (And Other Amounts)
Quick Conversion Table: Common EUR to GBP Amounts
| EUR Amount | GBP (using Xe rate: 0.872141) |
|---|---|
| 10 EUR | 8.72 GBP |
| 50 EUR | 43.61 GBP |
| 100 EUR | 87.21 GBP |
| 500 EUR | 436.07 GBP |
| 1,000 EUR | 872.14 GBP |
Revolut provides example conversions that differ slightly: 100 EUR equals approximately 87.72 GBP on its platform. This variation highlights why checking the specific provider is essential.
Using the Xe mid-market rate of 0.872141, 50 euros would convert to 43.61 British pounds. However, the exact amount you receive from a bank or exchange service may be lower due to their fee structure.
How to Use an Online Currency Converter
To convert euros to pounds using a converter like Xe or Revolut, enter the amount in euros, select EUR as the source currency and GBP as the target, and read the result. Most converters show the mid-market rate first, and some allow you to see the rate with a provider’s markup included. Rates update continuously and should be checked at the moment of conversion.
Why the Amount You Get Differs from the Mid-Market Rate
The mid-market rate is not available to consumers directly. Banks, exchange bureaux, and online services add a spread (markup) on top of this rate, and may also charge a separate transfer fee. This spread is how providers make money. For example, if the mid-market rate is 0.8721, a provider might offer customers a rate of 0.8600, keeping the difference. The Post Office rate, for instance, includes a markup but no commission.
Where to Get the Best Exchange Rate for Euro to Pound
Comparing Providers: Banks, Online Services, and Bureaux de Change
Xe offers a live mid-market quote and a real-time chart, positioning itself as a transparent alternative to banks. Revolut provides live conversion in its app with continuously updated rates and example conversions. OFX is a strong option for historical data, offering 20+ years of daily, monthly, and yearly EUR/GBP rates. The ECB provides an authoritative reference rate daily, but it is not a consumer conversion quote. The Bank of England publishes daily spot rates but notes that its rates are not official and are “no more authoritative than that of any commercial bank operating in the London foreign exchange market.” For a traditional provider, eurochange offers a converter with a historical data toggle.
What is the Post Office Euro to Pound Rate Today?
Based on the supplied research, a specific Post Office EUR/GBP rate for the current date cannot be verified. The Post Office is known to offer currency exchange with no commission but applies a markup above the mid-market rate. Its rate may differ between cash purchases and online orders and may be a guaranteed rate or a rate that changes during checkout.
The supplied research does not provide a complete apples-to-apples fee-inclusive comparison across providers. The true “best rate” depends on whether a provider charges transfer fees or applies a spread above mid-market. Comparing the final amount you receive, rather than headline rates, is the most reliable method.
Using a ‘Best Rate’ Calculator to Find the Cheapest Option
Comparison tools allow you to see the amount you would receive from different providers side-by-side. These calculators typically use mid-market rates as a base and factor in the provider’s markup. Before exchanging, using such a tool can reveal significant differences between a high-street bank and a specialist online service.
Euro to Pound Exchange Rate History and Trends
Key Historical Milestones for EUR/GBP
OFX provides 20+ years of EUR/GBP historical data, broken down by daily, monthly, and yearly periods. In the six-month snapshot from 31 December 2025 to 26 May 2026, the rate moved from 0.875087 to 0.865718, with an average of 0.869455. The ECB page shows May 2026 rates in a narrow band of 0.86255–0.87050. In recent history, the pair experienced extreme volatility in 2022 during the UK’s mini-budget crisis, briefly exceeding 0.90 (near parity). By mid-2025, EUR/GBP had settled into a range around 0.84–0.87.
ECB Reference Rate: The Official Euro-to-Pound Benchmark
The European Central Bank publishes a daily reference exchange rate for the pound sterling, fixed at a daily meeting of central bank representatives. The rate for 28 May 2026 was EUR 1 = GBP 0.86665. This rate is used for institutional transactions and as a benchmark for financial data, but it is not a rate available to consumers converting cash.
None of the supplied research sources contain a direct 2025 EUR/GBP forecast from a named analyst or institution. Revolut explicitly states that the future evolution of EUR/GBP cannot be precisely predicted because it depends on global economic, political, and market factors. Based only on cited data, the best-supported statement is that EUR/GBP has been relatively stable around the high-0.86 to low-0.87 area in recent months – but that is not a forecast.
What Drives the EUR/GBP Exchange Rate?
Several factors influence the exchange rate. The monetary policies of the Bank of England and the European Central Bank are primary drivers – interest rate decisions directly affect the attractiveness of holding each currency. Economic indicators such as CPI inflation, GDP growth, and employment data from both regions cause short-term and long-term shifts. Geopolitical events, including the impact of Brexit on UK-EU trade relations and global trade deals, also play a significant role.
Timeline: Key Movements in EUR/GBP
- : Brexit trade deal pushed GBP to 0.91 against the euro.
- : Near parity (0.90+) during the UK’s mini-budget crisis under Prime Minister Liz Truss.
- : Rate peaked at 0.87 due to a surprise in UK inflation data.
- : EUR/GBP touched 0.84 after signals of an ECB rate cut.
- : Rate settled around 0.86, attributed to post-UK election political stability.
- : OFX data shows a rate of 0.875087.
- : OFX data shows rate at 0.865718.
- : Xe mid-market rate at 0.872141; ECB reference rate at 0.86665.
What You Can Know vs. What Remains Unclear
| Established Information | Information That Remains Unclear |
|---|---|
| Mid-market rates are published by financial data providers and central banks like Xe and the ECB. | Future movements cannot be predicted; any forecast is speculative. |
| Exchange rates change every second during market hours. | The exact rate you receive will depend on the provider’s markup and fee structure. |
What Is the Context Behind EUR/GBP?
The EUR/GBP exchange rate is a measure of how many British pounds one euro can buy. It is one of the most traded currency pairs globally, reflecting the economic ties between the Eurozone and the United Kingdom. The European Central Bank and the Bank of England set monetary policy that directly influences the pair. Economic data such as CPI, GDP, and employment figures from both regions cause short-term volatility. Geopolitical events, particularly Brexit and subsequent UK-EU trade arrangements, have had a lasting impact on the relationship.
What Do the Sources Say About the Current Rate?
“1 EUR equals 0.8668 GBP using the current mid-market exchange rate.”
Xe.com (live rate as of last fetch)
“EUR 1 = GBP 0.86665 (28 May 2026)”
European Central Bank reference rate
“Get access to 20+ years of euro to British pound exchange rates.”
OFX historical data page
Summary: Key Takeaways for the Euro to Pound Rate
The current EUR/GBP rate sits around 0.8668–0.8721, depending on the source and timing. The mid-market rate is the essential benchmark, and the best consumer rate will vary by provider. For practical conversion, using a comparison tool to check the final amount is recommended. For further reading on currency conversion, see the article on Korean Won to GBP – Current Rate, Trends and Conversion Tips. The broader context of UK-EU relations is explored in Is the UK in Europe – Geography vs Politics Post-Brexit.
Frequently Asked Questions
What is the best time of day to convert euros to pounds?
The forex market is most liquid during UK trading hours (8am–4:30pm GMT), which may lead to tighter spreads, but rates fluctuate unpredictably.
Does the Post Office charge a fee for currency exchange?
The Post Office does not charge a commission, but its rate includes a markup compared to the mid-market rate. Always compare.
How do I convert euros to pounds in Google?
Simply type ‘100 EUR to GBP’ into the search bar – Google will show a live converter. It uses mid-market rates.
What is the difference between buy and sell rates?
The buy rate is what a provider pays to buy your foreign currency; the sell rate is what you pay to buy foreign currency. The spread is the profit.
Is the euro stronger than the pound today?
Based on the rate of 0.8721, one euro buys less than one pound, meaning the pound is stronger. The euro’s strength changes with the rate.
How often does the euro to pound exchange rate change?
It changes every second during forex market hours, which run 24 hours a day from Monday to Friday.
What is the ECB reference rate for GBP?
The ECB publishing a daily rate is EUR 1 = GBP 0.86665 as of 28 May 2026. It is a benchmark, not a consumer rate.
What is the best euro to pound calculator?
Xe and Revolut offer reliable calculators that show the mid-market rate. The best one depends on whether you want a quick check or an in-app conversion.
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