About the britisk pund to euro exchange rate
The GBP/EUR pair shows how many euro (EUR) one britisk pund (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 britisk pund 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 britisk pund. A rise in GBP/EUR means britisk pund strengthened against euro; a fall means britisk pund weakened.
What drives the britisk pund to euro rate
The GBP/EUR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the britisk pund and euro economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.