1 GBP = 1.1625 EUR
To calculate the values for foreign currency conversions, we use the market exchange rates of 159 currencies of the world.
- Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey
- Currency Code, Symbol: GBP, £
- Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2
- Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100
The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.
Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More
- Country of Circulation: European Union
- Currency Code, Symbol: EUR, €
- Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2
- Denominations of banknotes in circulation: €5, €10, €20, €50, €100
The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.
Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More
Historical data of the 1 Pound Sterling to the Euro exchange rate
GBP/EUR – Pound Sterling to Euro conversionOur GBP/EUR currency converter allows instant conversion by live rates. Current value of 1 GBP equals 1.1625 EUR.
Pound Sterling to Euro conversionWe use quotation information as of 2021-05-11 07:41 AM ET to calculate the conversion rate of two currencies. Specified values are considered average but can match the rates of specific financial organizations. To get a result, you only need to:
- indicate an amount of money to convert in the window with Pound Sterlings;
- wait for automatic GBP to EUR conversion.
How has the dynamic of GBP to EUR rate changed in the last weekHere you can also find a chart with the Pound Sterling rate fluctuations since 2015. In the last week, the pound to dollar conversion rate has changed by 0.0043 EUR or +0.3691%.
The dynamic of GBP to EUR rate over the last monthThe monthly data of GBP to EUR conversion rate dynamic helps to understand market trends better. GBP has moved by +0.6492% or 0.0075 EUR.