The live euro-to-pound rate, updated every minute. Book EUR→GBP with SummitFX and settle the same business day when your EUR funds arrive before 15:00 UK time.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a EUR amount to see what you'd get in GBP, or enter a target GBP amount to see how many euros you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.2–0.6% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
EUR/GBP is the mirror of GBP/EUR — one of the world's most actively traded cross-rates. Day to day, it moves on the same drivers but read the other way round: the gap between ECB and Bank of England rates, eurozone vs UK inflation, and the relative strength of the two economies. Longer-term influences include the post-Brexit trade relationship, fiscal policy on both sides, and the political risk premia attached to the euro and sterling respectively.
European Central Bank policy: The ECB sets eurozone interest rates (deposit rate 2.0% in early 2026, after eight cuts between June 2024 and June 2025). When the ECB holds or tightens relative to the BoE, EUR strengthens against GBP. Markets watch Christine Lagarde's post-meeting press conferences closely for directional tone — often the wording moves the pair more than the rate decision itself.
Eurozone inflation (HICP): HICP readings drive ECB rate expectations. The ECB's 2% inflation target is the benchmark — a meaningful overshoot or undershoot pushes rate expectations and, with them, EUR/GBP.
German and French data: The two largest eurozone economies account for roughly half of euro-area GDP. German ZEW, Ifo, and industrial production prints, plus French PMIs and consumption data, disproportionately drive the euro.
Sovereign spreads: The spread between German Bunds and peripheral eurozone sovereign yields (Italy, Spain) is a stress gauge. Widening spreads suggest fragmentation risk and tend to weaken the euro against sterling.
EU political risk: Elections in major member states, fiscal-rule disputes, and anything that threatens eurozone cohesion adds a risk premium. The 2024-2025 French political uncertainty is a recent example of domestic politics moving the pair.
Bank of England policy: The BoE's MPC sets UK rates (3.75% in early 2026). Higher UK rates relative to the eurozone attract capital into sterling assets, which in EUR/GBP terms shows as a lower rate — the pound buying more euros. The MPC meets roughly every six weeks; markets price expectations well ahead of each decision.
UK CPI: Hot CPI prints support sterling because they delay BoE rate cuts. Softer prints weigh on it. The mid-month CPI release is one of the most-watched UK data points in the calendar.
UK growth and labour data: GDP, PMIs, and labour market data (especially wage growth and unemployment) all move the pair. Strong labour data combined with sticky wages tends to support sterling.
Gilt yields: UK 10-year gilt yields relative to Bund yields are a rough barometer for the pair. Budget announcements, particularly the Autumn Budget, can cause sharp gilt moves that spill into EUR/GBP.
UK political risk: Leadership changes, confidence votes, electoral uncertainty — anything that adds a domestic risk premium weighs on sterling. Calm politics historically corresponds to sterling strength.
The UK is the EU's third-largest trade partner outside the bloc, and the EU is the UK's largest by a wide margin. Post-Brexit trade mechanics — customs rules, regulatory equivalence, services access — continue to evolve and can move the pair meaningfully when new agreements or disputes emerge. Structurally, the corridor carries constant two-way flow: European exporters receiving GBP payments, UK importers sourcing EUR goods, and cross-border M&A activity all contribute to steady underlying demand for both currencies.
Booking EUR→GBP is a different settlement path from the reverse: your EUR funds come in via SEPA, we convert, and we pay out GBP via UK Faster Payments. Here's what to plan around when you book with SummitFX.
Three things typically cause an EUR→GBP transfer to miss same-day settlement:
Late EUR funding. We need your EUR in our account by 15:00 UK time for same-day GBP settlement. SEPA Credit Transfer usually takes a few hours bank-to-bank; SEPA Instant credits within seconds if both banks support it. If your sending bank only offers standard SEPA, initiate the transfer the day before or early in the morning.
AML routing checks on large amounts. Transfers above £100,000 equivalent may trigger standard AML review on either leg. Usually clears within 30 minutes but can push you past the 15:00 cutoff if your EUR arrives late in the day.
UK bank holidays. UK Faster Payments operates 24/7 but on UK bank holidays, some receiving banks delay posting to the following working day. If you're receiving GBP on a Sunday or Monday bank holiday, the funds may not appear until Tuesday even if our system released them.
For time-sensitive payments — UK property completions, tax payments, invoice deadlines — book the day before and let the GBP settle on the day. Forward contracts are available if you want to fix the rate now for a known future GBP requirement.
EUR/GBP is the corridor for EU residents and businesses with meaningful sterling-denominated obligations, plus UK-bound flows from expats, investors, and companies with UK operations. Common use cases:
Mortgage payments, council tax, maintenance costs, service charges — all denominated in GBP. A standing arrangement with SummitFX lets you convert a fixed EUR amount into GBP each month at transparent pricing.
French, German, Italian, and Dutch buyers purchasing investment or residential property in London and other UK cities. Forward contracts are essential here: lock in today's EUR/GBP rate so your completion budget doesn't shift while paperwork progresses.
EU manufacturers, retailers, and service businesses with UK suppliers — particularly common in fashion, publishing, and technology. Tight spreads on regular high-volume flow protect margin over time.
EU residents supporting UK-based family, paying university fees, or sending money to children studying in the UK. Market orders are useful for predictable timing — set a target rate and auto-execute whenever it hits, day or night.
EU-resident landlords, freelancers with UK clients, and anyone with UK tax liabilities (self-assessment, corporation tax, VAT) needs GBP at specific deadlines. Rate alerts and forwards help avoid paying HMRC at a bad rate.
People living in Spain, Portugal, Italy or France while drawing GBP pension income or selling UK assets. Regular conversions of GBP income into EUR for local living costs is a common monthly rhythm.
You can send euros to pounds through your bank, through a transfer app, or through a broker. We're a broker — and the things that make us different actually matter for this specific pair.
Everything clients typically ask about sending euros to pounds. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
We never forecast — but we can put today's rate in context. If EUR/GBP is near its 30-day high, you're getting more pounds per euro than the monthly average. If it's near the low, the opposite. For known deadlines, the certainty of booking today often outweighs the hypothetical saving from waiting. A rate alert lets you wait passively — we'll message you the moment the pair hits your target level.
Eurozone banks typically mark up EUR/GBP by 2–4% for non-business customers. SummitFX spreads are 0.2–0.6% depending on size. On a €50,000 transfer, that's a difference of roughly €1,500 in your favour — and the gap grows in cash terms with larger amounts.
If your EUR arrives with us before 15:00 UK time on a UK business day, we settle the GBP the same day. Most UK banks credit Faster Payments within minutes of receipt. Allow a few hours for first-time beneficiaries or larger amounts, and T+1 if the EUR arrives late or on a non-business day.
Yes. A forward contract fixes today's rate for settlement up to 24 months ahead. You pay a deposit upfront (typically 5–10% of the trade) and settle the balance on the delivery date. This is the standard tool for EU buyers of UK property, businesses with scheduled GBP supplier payments, or anyone with a known future sterling obligation.
No hard minimum — we handle trades from €500 to €5m+. Below around €5,000 the spread widens slightly to cover fixed execution costs, and we'll always show the all-in rate before you commit. For recurring smaller amounts, a market order or standing arrangement usually works better than ad-hoc bookings.
The rate you see on Google, XE, or our chart is the mid-market rate — the midpoint between interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin to cover the cost of executing the transfer. Banks typically add 2–4%, Wise around 0.4%, SummitFX 0.2–0.6% with the added benefit of a named dealer and WhatsApp access.
Yes, always. This page updates the live rate continuously, and you can check it any time on WhatsApp by sending "quote" — we reply in seconds with a live indicative rate and a full breakdown of what you'd receive on a specified amount. No commitment to book.
Your rate is locked the moment you reply CONFIRM on a quote — we've bought the currency behind the scenes. If the pair moves 1% before your EUR funds arrive, the rate you receive stays exactly where we booked it. This is one of the key reasons to use a broker over a bank card or transfer app, which typically only lock the rate at the moment of final execution.
Message us on WhatsApp and we'll have a live executable rate back in seconds.