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GBP GBP EUR EUR Rate as of2026-05-16

GBP to EUR Converter.

Current rate

1 GBP = 1.188 EUR as of 2026-05-16. UK to Eurozone direction. Used by UK retirees with Spanish/French property, UK tourists to EU, UK students at EU universities (smaller post-Brexit). The pair has recovered modestly from Brexit lows but remains well below 2015-16 levels.

💱

GBPEUR Converter

£
🇬🇧 £1.00 = 🇪🇺
€1.19
Rate: 1 GBP = 1.1880 EUR
Common conversions
🇬🇧 GBP🇪🇺 EUR
£1.00€1.19
£10.00€11.88
£100.00€118.80
£500.00€594.00
£1,000.00€1,188.00
£5,000.00€5,940.00
£10,000.00€11,880.00
£50,000.00€59,400.00
£100,000.00€118,800.00
✨ Mid-market rate · as of 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

GBP trend over time.

Today
1.188
1 GBP = EUR
1 year ago
1.17
↑ 1.5% in 12 months
5 years ago
1.124
↑ 5.7% in 5 years
🔢 Quick reference

GBP to EUR conversion table.

Common British Pound amounts converted to Euro at today's rate of 1 GBP = 1.188 EUR. The reverse holds too: 1 EUR = 0.8418 GBP.

GBP → EUR
1 GBP 1.19 EUR
5 GBP 5.94 EUR
10 GBP 11.88 EUR
25 GBP 29.7 EUR
50 GBP 59.4 EUR
100 GBP 118.8 EUR
500 GBP 594 EUR
1,000 GBP 1,188 EUR
5,000 GBP 5,940 EUR
10,000 GBP 11,880 EUR
EUR → GBP
1 EUR 0.8418 GBP
5 EUR 4.21 GBP
10 EUR 8.42 GBP
25 EUR 21.04 GBP
50 EUR 42.09 GBP
100 EUR 84.18 GBP
500 EUR 420.88 GBP
1,000 EUR 841.75 GBP
5,000 EUR 4,209 GBP
10,000 EUR 8,418 GBP
💡 About this corridor

Why people convert GBP to EUR.

The GBP/EUR corridor is driven mostly by UK university fees and UK remittances. On the Euro side, demand comes from Eurozone purchases, EU remittances, and European business. Because both sides see steady two-way flow, GBP/EUR is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the British Pound has moved up 1.5% against the Euro, and over five years it has strengthened about 5.7% (from 1.124 to 1.188). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Euro you receive by a meaningful margin.

Getting the best GBP → EUR rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large GBP transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-16 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

GBP to EUR FAQ.

Best GBP to EUR conversion service in 2026?
Wise leads on cost (~0.4% from mid-market). Revolut is competitive for amounts under €5K. For large transfers (€50K+), specialized FX brokers (Currencies Direct, OFX, Halo Financial) can negotiate better rates than retail apps. UK bank wires (Barclays, HSBC, Santander) charge 2.5-3% spread.
Do I lose money converting GBP-EUR for EU travel?
Yes if you do it badly. Airport exchanges charge 5-7% spread (£100 = €92 vs mid-market €113). Hotels charge 3-5% DCC if asked "EUR or GBP" — always pay in local EUR. Use a fee-free multi-currency card (Wise, Revolut, Starling) for spending — converts at mid-market when you tap.
GBP-EUR for UK retiree in Spain — best approach?
Open a Spanish bank account (Sabadell, BBVA, Bankinter have international-customer programs). Transfer GBP to EUR via Wise (cheap and predictable). Set up a Spanish standing-order direct debit for ongoing pension transfer in regular monthly amounts (dollar-cost averaging).