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Best Euro Exchange Rate

By 
Matt Di Vincere (Chief Editor)
Last Edited Nov 22, 2021

Do you want to find today’s foreign exchange rate for Euros? Are you looking for “official” interbank exchange rates, or is it the bank foreign exchange rates today you’re after? Do you know what the differences are between the two? Put simply, you might just be interested in the best euros exchange rate today that you can possibly achieve for bank-to-bank transfers.

GBP to Euro “Official” RateAvg rate by banksAverage bank feeAverage rate with a brokerAverage broker fee
1.1894 EUR1.1537 EUR to 1.1656 EUR£10-£151.1775 EUR to 1.1835 EURNone

Starting Off – Best Brokers for Euro Transfers January 2023

Most popular routes: GBPEUR, EURUSD, EURAUD, EURSGD, EURJPY. Bank to bank transfers exlusively. Rate alerts and Rate hedging tools supported.

#1
UK Best UK Currency Broker for 2023 (Overall Rating)
Headquarters:
1 Canada Square, Canary Wharf, London E14 5AA
97.8% Editorial rating
7,500 Client Reviews
Minimum transfer:
£100
Why Them?
  • Large Transfers and Bespoke Service Specialists with 4.5/5 Rating on TrustPilot (5,000+ Reviews)
  • Industry Leader with £10bn in Annual Turnover
  • Most Global Offices in the Industry
+Read more
#2
UK Friendliest Currency Brokerage in the Industry
Headquarters:
St Mary's Terrace, Penzance, Cornwall, TR18 4DZ
93.4% Editorial rating
5,500 Client Reviews
Minimum transfer:
£1,000
Why Them?
  • Personal, Friendly Service - Based in Cornwall with 100+ In-House Traders
  • 95% Satisfaction from Past Customers
  • Regular Market Updates
+Read more
#3
UK Moneycorp: Foreign Exchange Powerhouse, Business FX Specialists
Headquarters:
Zig Zag Building, 70 Victoria St, Westminster, London SW1E 6SQ
93.2% Editorial rating
7,000 Client Reviews
Minimum transfer:
£250
Why Them?
  • Operating Since 1970 - First Commercial FX Firm
  • Corporate FX and Hedging Specialists
  • Most Consumer and Business Awards in The Industry
+Read more
#4
UK Global Reach Group: 99% Positive Client Feedback
Headquarters:
20 Wood St, London EC2V 7AF
90.6% Editorial rating
3,500 Client Reviews
Minimum transfer:
£1,000/€1,000 or equivalent
Why Them?
  • 99% of its Past Clients Gave the Firm a Positive Review
  • Strong Global Reach with Offices in UK, Europe, and Canada
  • More than Two Decades of Experience
+Read more
#5
UK Currency Solutions: Excellent Service and Wonderful Customer Reviews
Headquarters:
21 Queen Elizabeth St, London SE1 2PD
90.4% Editorial rating
1,900 Client Reviews
Minimum transfer:
£1,000
Why Them?
  • Best Money Transfer Service on TrustPilot
  • Smaller and More Personable than Others
  • High Proficiency by Traders
+Read more
#6
UK Halo Financial: Excellent Online Platform and Support
Headquarters:
Battersea Studios 2, 82 Silverthorne Rd, Nine Elms, London SW8 3HE
87.3% Editorial rating
100 Client Reviews
Minimum transfer:
£1,000
Why Them?
  • Feefo 2020 Platinum Trusted Provider
  • Excellent Website and Online Flow
  • Highly Professional
+Read more
#7
UK Excellent Online System, APAC Payment Specialists
Local UK Offices:
The White Chapel Building, 10 Whitechapel High St, London, E1 8QS
90.4% Editorial rating
1,500 Client Reviews
Minimum transfer:
£100
Why Them?
  • Traded Publicly
  • £20bn Turnover per Year
  • Ultra Professional
+Read more

Approximate Best Euro Exchange Rates vs Bank Exchange Rate

Forex PairInterbank exchange rate*High Street Bank Exchange Rate (Estimated) **Recommended Provider Rate (Estimated) ***
Pound to Euro1.1894 EUR1.1537 EUR to 1.1656 EUR1.1775 EUR to 1.1835 EUR
Euro to Pound0.8408 GBP0.8155 GBP to 0.8239 GBP0.8323 GBP to 0.8366 GBP
Pound to Dollar1.2102 USD1.1739 USD to 1.1860 USD1.1981 USD to 1.2042 USD
Dollar to Pound0.8263 GBP0.8015 GBP to 0.8098 GBP0.8180 GBP to 0.8222 GBP
Pound to Australian Dollar1.7407 AUD1.6885 AUD to 1.7059 AUD1.7381 AUD to 1.7320 AUD
Australian Dollar to Pound0.5745 GBP0.5573 GBP to 0.5630 GBP0.5687 GBP to 0.5716 GBP
Pound to Swiss Franc1.1517 CHF1.1172 CHF to 1.1287 CHF1.1402 CHF to 1.1460 CHF
Pound to Hong Kong Dollar9.4897 HKD9.2999 HKD to 9.2050 HKD9.3948 HKD to 9.4423 HKD
Pound to UAE Dirham4.4451 AED4.3118 AED to 4.3562 AED4.4007 AED to 4.4229 AED
Pound to Singaporean Dollar1.6723 SGD1.6221 SGD to 1.6388 SGD1.6556 SGD to 1.6639 SGD
ANY CURRENCY2 – 3% Currency Spread1% to 0.5% Currency Spread

* Current rates provided to us by external provider, updated hourly.
** Represeting a 2%-3% bank margin, which is the average bank margin in the UK for internaional currency exchanges based on our indepedent research.
*** Representing a margin of 0.5% to 1% which is the average margin our recommended providers charge for large transfers (£10,000 and up).
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Best Euro Exchange Rates for Businesses and Online Sellers:

WorldFirst‘s new pricing initiative, starting from August 2019 and effective currently is as follows:

  •  FX rates of 0.15% to 0.5% less than the inter-bank currency rate, for ALL CURRENCIES (meaning the euro foreign exchange rate could be as much as 99.85% of the interbank rate if velocity of your Euro exchange is high enough).
  •  No wire fees when transferring any currency into euro or transferring euros to anywhere in the world.
  •  No hidden fees, and absolute clarify on what you’re paying in fees and specifically knowing you are obtaining the best Euro exchagne rate possible.
  •  WorldFirst handles international bank to bank transfers exclusively.

Bottom line: This is the best FX exchange rate for bank transfers, based on our comprehensive comparison of 60+ providers. Please note the offering is strictly for business clients.

Current Best Forex EUR Rates for Bank Transfers – WorldFirst*

Forex PairInterbank exchange rate*Your average bank’s rate ****WorldFirst’s best rate (large transfes)**WorldFirst’s min. rate***
Pound to Euro1.1894 EUR1.1656 EUR1.1876 EUR1.1835 EUR
Euro to Pound0.8408 GBP0.8239 GBP0.8395 GBP0.8366 GBP
Pound to Dollar1.2102 USD1.1860 USD1.2084 USD1.2042 USD
Dollar to Pound0.8263 GBP0.8098 GBP0.8251 GBP0.8222 GBP
Pound to Australian Dollar1.7407 AUD1.7059 AUD1.7381 AUD1.7320 AUD
Australian Dollar to Pound0.5745 GBP0.5630 GBP0.5736 GBP0.5716 GBP
Pound to Swiss Franc1.1517 CHF1.1287 CHF1.1500 CHF1.1460 CHF
Pound to Hong Kong Dollar9.4897 HKD9.2050 HKD9.4755 HKD9.4423 HKD
Pound to UAE Dirham4.4451 AED4.3118 AED4.4385 AED4.4229 AED
Pound to Singaporean Dollar1.6723 SGD1.6221 SGD1.6698 SGD1.6639 SGD
ANY CURRENCY2 – 5% Currency Spread0.15% Currency Spread0.5% Currency Spread

 

The advantages of using WorldFirst’s service for international bank transfers for your business – 

Immense saving against banks. 
Fully transparent, clear, and cohesiveness pricing.
Comparable rates to TransferWise’s as a whole for smaller volumes.
The best foreign exchange rates for large transfers. No other companies goes this low.
Access online, via email, or through phone.
Fully regulated company with 20 years of experience, trading several billions annually.

*The interbank exchange rates on the above table and this entire website, as well as WorldFirst’s exchange rates are estimated. We rely on external software providers to get those rates, and hence, errors could occur. Before exchanging any funds be sure to check for the official exchange rate, as well as attaining get a current quote from the provider you intend to use (WorldFirst or otherwise).

** WorldFirst’s Best Exchange Rate is 0.15% spread reserved for businesses transferring more than £5m annually.

*** WorldFirst’s Min. Rate represents a 0.5% spread for businesses who need to transfer less than £500,000 annually. For businesses and individuals transferring between £500,000 and £5m, a spread of 0.25% will be applied.

**** We used 2 – 5% Currency Spread to calculate what would an average UK bank charge in term of FX costs. That is a very rough average based on up to date industry reports, but is not bank specific. Some banks are remarkably cheaper like UK’s challenger bank Starling and Virgin Bank who teamed up with WorldFirst.


More about WorldFirst

World FirstWorldFirst is a veteran money transfer company with a significant corporate FX department, owned by the massive payment company AliPay, which has  consistently ranked amongst our top 3 most recommended companies on Money Transfer Comparison since the site’s inception in 2014. The firm boasts 5 office locations across the globe, employing more than 600 people, and is the recipient of many prestigious industry awards such as the Sunday Times FastTrack Top 10 and the Queen’s Award for Enterprise in International Trade.

WorldFirst is considered by our staff as the company  providing the best foreign exchange rates for business bank transfers of all sizes above its minimum requirement of £1,000.

WorldFirst accepts only corporate and e-commerce clients from regions such as the UK, EU, Canada, Australia, Singapore, Hong Kong, Japan, United Arab Emirates, New Zealand and many more but does not accept American clients. If you are seeking USA money transfer companies offering the best exchange rates check out OFX or Transferwise.


If you need to get the best rate for receiving large amounts from abroad then you should consider inquiring about Multi-Currency virtual bank accounts. WorldFirst also boasts such a virtual currency account for its business clients, and it’s one of the best EUR accounts and best USD accounts as per our comparison.

Best Euro Exchange Rates for Smaller  Euro Bank Transfers

If you are looking to make a small payment online, or send remittances, then you should consider using Wise (formerly TransferWise) because they have fixed GREAT fx exchange rates (whereas other companies have a system in place in which larger transfers get bigger discounts).

Wise Money Transfer Fees / Exchange Rates
Currency Sent

Wise.com Fee 2021 Updated


AUD

0.32% – 0.45%, depending on amount sent + $ 0.66 AUD fixed payment fee./p>


BRL

2.55-2.6%, depending on the amount sent + R$ 1.48 BRL fixed payment fee.


CAD

0.46% – 0.59%, depending on the amount sent + $ 1.77 CAD fixed payment fee.


CHF

0.3% – 0.43%, depending on the amount sentr + 0.58 CHF fixed payment fee.


CZK

0.33% – 0.45%, depending on the amount sent + Kč 6.50 CZK fixed payment fee.


DKK

0.31% – 0.44%, depending on the amount sent + kr 2.32 DKK


EUR

0.28% – 0.41%, depending on the amount sent + € 0.50 EUR fixed payment fee.


JPN

0.63% of the amount that’s converted + ¥ 63.00 JPY fixed payment fee.


NZD

0.35% – 0.49%, depending on the amount sent + $ 2.05 NZD fixed payment fee


TRY

0.66% Fee + ₺ 10.57 TRY fixed payment fee


USD

0.31% – 0.41%, depending on the amount sent + $6.25 USD fixed payment fee