Convert between euros and British pounds at the current exchange rate
Exchange rates as of March 2026. Actual rates may vary. Edit the rate field above to use current rates from your bank or provider.
The euro (EUR) and British pound sterling (GBP) are two of the most actively traded currencies in the world. Whether you are planning a holiday to Europe, receiving or sending payments in euros, or simply checking the current exchange rate, converting between the two currencies accurately is essential. The exchange rate fluctuates constantly based on economic conditions, interest rate decisions from the Bank of England and the European Central Bank, and broader geopolitical events. This converter uses Decimal.js for precise arithmetic, avoiding the floating-point rounding errors that can creep into currency calculations. The default rate is set to a recent mid-market rate, but you can edit it at any time to match the rate offered by your bank, currency exchange provider, or online service. For the most accurate conversion, check the latest rate on the Bank of England website or your provider's app before converting. It is important to understand that the rate you receive from a bank or exchange bureau will typically be worse than the mid-market rate. The difference is called the "spread" and represents the provider's profit margin. High-street bureaux typically add a 3-5% spread, while online providers like Wise or Revolut offer spreads of 0.3-1.5%. Always compare the effective rate you are offered against the mid-market rate to understand the true cost of your conversion.
To convert between euros and pounds: 1. Enter the amount you want to convert. 2. Select the direction: EUR to GBP if you have euros and want to know the pound equivalent, or GBP to EUR if you have pounds and want to know the euro equivalent. 3. Check the exchange rate. The default is 0.84 (meaning 1 euro equals 0.84 pounds). You can edit this field to use the current rate from your bank or provider. The Bank of England publishes daily rates on its website. 4. View the result. The calculator shows the converted amount, the rate used, and the inverse rate. The inverse rate is useful if you want to think about the conversion in the opposite direction. 5. For travel planning, consider that the rate you get at an airport or hotel will be significantly worse than the mid-market rate. Plan ahead and compare options.
The conversion is straightforward: EUR to GBP: converted amount = amount in euros x exchange rate (EUR to GBP) GBP to EUR: converted amount = amount in pounds / exchange rate (EUR to GBP) The inverse rate is calculated as: inverse rate = 1 / exchange rate For example, with an exchange rate of 0.84 (EUR to GBP): 100 EUR = 100 x 0.84 = 84.00 GBP. 100 GBP = 100 / 0.84 = 119.05 EUR. The calculator uses Decimal.js to ensure that the arithmetic is precise to 2 decimal places for the converted amount and 4 decimal places for rates. This avoids issues like 0.1 + 0.2 = 0.30000000000000004 that can occur with standard JavaScript floating-point numbers.
The default exchange rate in this calculator is approximate and based on rates available in March 2026. Exchange rates change every second during trading hours. For large conversions (over 1,000 GBP), even small differences in the rate can significantly affect the amount received. Always check the latest rate from a reliable source such as the Bank of England, XE.com, or your bank's app. If you are transferring money internationally, consider using a specialist provider rather than your high-street bank, as they typically offer better rates and lower fees.