Author, Andrew Gibson
Below, you’ll find the Pound to Euro exchange rate history, including the highs and lows, historical data, and tips on how to get a better rate.
What’s the live GBP to EUR exchange rate?
The live Pound to Euro exchange rate is €1.1662.
For real-time conversions and a full calculator, visit our Pound to Euro converter tool.
What is the highest pound-to-euro rate ever?
The highest Pound to Euro rate ever was €1.752 on 3rd May 2000.
This was within a year of the Euro’s launch in 1999. Investors were worried the Euro would be a short-lived experiment.
The Pound to Euro rate shot up to over €1.75 due largely to Euro weakness (as opposed to Pound strength).
The lowest pound-to-euro rate ever
The lowest Pound to Euro rate ever was €1.02 on 30th December 2008.
During the global financial crisis the entire UK banking system was nearing collapse.
As a result, the Pound plunged.
The GBP/EUR rate dropped to €1.02 as international investors pulled their money out of the UK.
What is the average pound-to-euro rate?
The Pound to Euro rate has averaged €1.30 over its full history since January 1999.
Therefore at current levels, the Pound sits below the average rate.
But going back to 1999 is not a relevant time scale for most people.
In the past 10 years, the average GBP/EUR rate has been €1.16.
In the past 5 years, the average GBP/EUR rate has been €1.17.
Pound to Euro – its full history in a nutshell
- The GBP/EUR rate started in 1999 at just above the €1.40 level.
- Within a year of the Euros launch, the value of the Pound reached a little over €1.75 – which still remains the all-time high today!
- From 2003-2007, the GBP to EUR rate was fairly stable, hovering between €1.40 – €1.50.
- During the global financial crisis of 2007/8, the Pound collapsed hitting an all-time low of €1.02 in December 2008.
- In February 2016, the Brexit referendum triggered another steep decline – the Pound has yet to recover to these levels.
- Since Brexit, the Pound to Euro rate has traded in a fairly narrow range compared to the past.
On the move? … Here’s a 3-minute video summary
How we can help you with the Pound to Euro rate
You’ve probably seen that the live Pound to Euro rate moves every few seconds.
That might be mesmerising for some people.
But most people have neither the time nor inclination to watch the Pound to Euro rate all day.
It’s why a money transfer service may be a good option for you.
As a money transfer specialist, we watch rates continuously throughout the day.
It’s a key part of what we do.
We help our clients achieve a better rate by taking advantage of any favourable moves.
That’s a fundamental difference in the service we offer.
A bank or online platform won’t help you at all.
They just push you on to a platform and leave you to do everything yourself.
Whereas we will understand your situation and help exchange your Pounds into Euros to your best advantage.
Who are we?
Key Currency is an independent money transfer specialist.
We offer highly competitive Pound to Euro exchange rates, don’t charge you any fees, and provide you with personal service.
As a company, we are open and transparent.
We don’t hide behind a cute logo or fancy ‘app’.
The names, faces, and backgrounds of our expert team of people are shown on our website.
We have gained a 5-star rating on the customer review website Trustpilot, based on over 3,700 verified reviews.
We’re committed to providing a service of the highest integrity and safety.
Key Currency is an FCA-regulated Authorised Payment Institution (No. 753989), and as such, all money transfers are conducted through safeguarded client accounts.
To compare our pound-to-euro rates, just request a free quote.
You are under no obligation to trade with us.