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Written by Jere Salmisto·Reviewed by CalcFi Editorial·Last verified: 2026-05-13
TL;DR: 1 GBP = 1.1545 EUR at the latest European Central Bank mid-market rate (2026-05-27). Banks typically charge 1-3% over this rate; airports 5-10%. For tax reporting, the Treasury Reporting Rate of Exchange is the more defensible source. Source: ECB / Frankfurter.

🇬🇧 GBP to EUR currency converter

1
GBP = 1.1545
EUR

Rate updated: 5/27/2026 UTC

Convert GBP to EUR

1 GBP = 1.1545 EUR

Rates updated: 5/27/2026

1.15
€ EUR
1.00 £ GBP

Quick Conversion Table

GBPEUR
11.15
55.77
1011.55
5057.73
100115.45
500577.25
1,0001154.50
5,0005772.50

🇬🇧 About British Pound

British Pound (code: GBP) is the currency of United Kingdom. One unit is divided into 100 subunits (cents/pennies in most cases). Exchange rates fluctuate based on economic conditions, interest rates, and geopolitical events.

🇪🇺 About Euro

Euro (code: EUR) is the currency of European Union. When converting to EUR, the current rate of 1.1545 EUR per GBP applies.

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GBP to EUR FAQs

What affects GBP/EUR exchange rates?

Exchange rates are influenced by interest rates, inflation differentials, economic growth, political stability, and market sentiment. Central bank policy decisions and major economic releases can cause significant daily movements in the GBP/EUR rate.

How often do these rates update?

Rates on this page update hourly via the Frankfurter API. However, actual market rates in the forex market fluctuate constantly (every second during trading hours). For very large transactions, check live rates from your bank or forex broker immediately before converting.

Will I get this exact rate when I exchange?

Unlikely. This calculator shows the mid-market rate (the rate between banks). When you exchange currency, you'll receive a worse rate. Banks and exchanges typically charge a 1-3% spread. Some providers charge even more, especially at airports or for tourist exchanges.