Pound to Euro Rate Today: Best Exchange Rates & Forecast

If you’re planning a trip to Europe or sending money across the Channel, the pound to euro rate today can feel like a moving target — one minute it’s climbing, the next it’s dipping, and the rate you see on Google isn’t always the rate you actually get. This guide compares live rates from major providers, breaks down hidden fees, and helps you decide whether to buy euros now or hold off.

Mid-market rate (GBP to EUR): 1 GBP = 1.1701 EUR (XE) ·
Post Office online (over £100): 1 GBP = 1.1183 EUR ·
Wise rate: 1 GBP = 1.17 EUR (with small fee) ·
Revolut standard rate: 1 GBP = 1.16 EUR ·
€100 in pounds (mid-market): £85.47 ·
Recent high (July 15, 2026): GBP/EUR reached 1.18

The table below compares the rates and fees of major providers.

Among the five options, the mid-market rate is the cleanest benchmark, but nothing beats Wise for transparency — you see the exact rate and fee before you confirm. Post Office and money.co.uk bundle their costs into the rate, making it harder to compare at a glance.

Who has the best pound to euro rate today?

What is the current mid-market rate?

The live mid-market rate, as reported by XE, a real-time currency data provider, stands at 1 GBP = 1.1701 EUR (as of 15:34 UTC). This is the rate you see on Google — the wholesale price banks use among themselves. You won’t get this exact rate as a consumer, but it’s the yardstick against which every provider’s offer should be measured.

What rates do Post Office, Wise, and Revolut offer?

• Post Office (online, £100+): 1 GBP = 1.1183 EUR, updated 24/07/2026 (Post Office, UK travel money service).
• Wise: 1 GBP = 1.15226 EUR on its comparison page, but its converter gives the real mid-market rate (1.17) with a disclosed fee (Wise, money transfer specialist).
• Revolut (Standard, weekday): 1 GBP = 1.13490 EUR, with no additional fee on weekdays within plan limits (Revolut, digital banking app).

The catch: Revolut’s rate includes a built-in spread of about 3 cents below the mid-market, and it slaps a 1% fee on weekend exchanges. Wise’s headline rate on the comparison page is lower than its real rate — a common marketing tactic.

How do hidden fees affect the real rate?

XE’s comparison tool warns that “some providers include hidden markups in their exchange rates or charge service fees.” Pound Sterling Live, an exchange rate analysis site, explains that specialist brokers typically embed their margin in the spread — 35 to 100 basis points (0.35%–1%) on GBP/EUR. That’s the difference between the rate you see and the mid-market rate.

For a £500 transfer, a 50-basis-point margin costs you about £2.50 — invisible unless you compare the total euros received.

How much is €100 euro in pounds?

How many euros for 100 pounds today?

At the mid-market rate of 1.1701, £100 buys you €117.01. But the real-world answer depends on your provider:

• Wise: ~€116.50 (after fee)
• Revolut (weekday, standard): ~€113.49
• Post Office (online, £100+): €111.83

That’s a swing of over €5 between the best and worst options for the same £100.

What is the reverse conversion?

€100 converts to £85.47 at mid-market (1.1701). Again, actual rates vary. Money.co.uk, a UK financial comparison site, lists a best rate of 1.155 for home delivery, which would give you £86.58 for €100 — a slightly better deal for the euro seller.

The implication: the difference between providers can be significant for large amounts.

Should I buy euros now or wait?

What is the 3-month forecast?

According to Pound Sterling Live’s analysis, the pair reached a recent high just above 1.18 on July 15, 2026. No reliable forecaster can predict with certainty, but the direction depends on UK interest rate decisions and inflation data. The Bank of England’s next moves will be the biggest driver.

Factors that could strengthen or weaken the pound

• UK inflation: Higher-than-expected inflation could force the Bank to raise rates, boosting the pound.
• Political stability: Post-election certainty has helped, but any new shocks could reverse gains.
• Eurozone economy: A weaker eurozone economy pushes the rate up (more pounds per euro).

The pattern: short-term volatility is the norm. If you need euros within a month, buying when the rate is above 1.17 is historically favourable. If you can wait 3 months, you might catch a dip — but you might also miss the peak.

Is the pound going to get stronger against the euro?

Is the pound to euro rate likely to go up?

The pound has been on a slight upward trend, hitting 1.18 in mid-July. Pound Sterling Live notes that GBP exchange rates move continuously during trading hours (08:00–18:00 UK time, Monday–Friday). The recent momentum suggests the pound could test 1.19 if UK economic data surprises positively.

What is the Pound to euro forecast for 3 months?

Analysts at Pound Sterling Live point to interest rate differentials and inflation data as the key drivers. The consensus is a range of 1.15–1.20 over the next quarter, with a slight upward bias. But remember: even the best forecasts are wrong half the time. Hedging your bet is smarter than betting on a single direction.

The implication: recent trends suggest a possible test of 1.19, but uncertainty remains high.

Why is the Pound plummeting against the euro?

What economic factors are driving the weakness?

The word “plummeting” is a strong one — the pound is not currently in freefall. As of late July 2026, the rate is around 1.17, which is relatively high. If you’ve seen headlines about a drop, it’s likely referencing a short-term dip. Common causes of weakness include weak UK GDP growth, rising inflation that erodes purchasing power, or political uncertainty. XE’s live data shows the rate fluctuating within a narrow band — no dramatic plunge.

How does UK political uncertainty affect the pound?

Political events — elections, policy U-turns, trade negotiations — can trigger sudden moves. The pound tends to weaken when the government’s fiscal credibility is questioned. Currently, the market is relatively calm, but any surprise from Westminster could send the rate down 2–3 cents overnight.

Timeline

• July 15, 2026: GBP/EUR touched 1.18, the highest level in recent months (Pound Sterling Live).
• 24/07/2026: Post Office updated its online rate to 1.1183 for £100+ orders (Post Office).
• Ongoing: Rates move continuously during UK trading hours (08:00–18:00, Monday–Friday) as per Pound Sterling Live.

What we know and what we don’t

Confirmed facts

• Mid-market GBP/EUR rate = 1.1701 (XE, currency data platform)
• Post Office online rate = 1.1183 for £100+ (as of 24/07/2026) (Post Office, UK travel money service)
• €100 = £85.47 at mid-market (derived from XE rate)

What’s unclear

• Whether the pound will go up or down in the next 3 months
• If today’s rate is better than tomorrow’s
• Exact timing of the next major move
• Wise’s exact rate after fee depends on transfer size
• Revolut’s actual rate varies; 1.16 is an approximation

“The difference between the exchange rate you receive and the interbank mid-market rate is the provider’s margin.”

Pound Sterling Live, exchange rate analysts

“Some providers include hidden markups in their exchange rates or charge service fees.”

XE, currency data platform

Understanding the gap between quoted rates and what you actually receive is the single most important step in getting the best pound to euro rate today. The providers that seem cheapest at first glance often have the widest hidden margins.

Related reading: Convert Pound to Euro: GBP to EUR Exchange Rate & Calculator · Best Language Exchange Apps 2025: HelloTalk vs Tandem & More

Related coverage: current pound to euro rates fördjupar bilden av Pound to Euro Rate Today – Best Rates and Comparisons.

Frequently asked questions