GBP → 
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.
💱
Rate as of 2026-05-16GBP → EUR 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 · 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
❓ 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).
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