About the British Pound to Euro exchange rate
The GBP/EUR pair shows how many Euro (EUR) one British Pound (GBP) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
GBP/EUR is quoted as EUR per one GBP. At 1.1754, 1 GBP equals 1.1754 EUR and 1 EUR equals 0.8508 GBP. The inverse pair is EUR/GBP.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the British Pound and Euro areas. Treasury teams, investors and travelers use GBP/EUR to convert prices, hedge FX risk and compare returns.
How GBP/EUR is quoted
In GBP/EUR, GBP is the base currency and EUR is the quote currency: the price is how many Euro buy one British Pound. A rise in GBP/EUR means British Pound strengthened against Euro; a fall means British Pound weakened.
What drives the British Pound to Euro rate
The GBP/EUR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the British Pound and Euro economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.