Access historical exchange rates for GBP to EUR, exploring daily, monthly, and yearly trends over the past 20+ years.
Analyzing Historical GBP in EUR Exchange Rates
Understanding the historical exchange rates between the British Pound (GBP) and the Euro (EUR) is crucial for businesses, travelers, and anyone involved in international transactions. This data provides valuable insights into currency fluctuations and trends, aiding in financial planning and decision-making. The GBP to EUR exchange rate reflects the value of the British pound in relation to the euro, indicating how many euros you can purchase with one pound at a specific point in time.
GBP to EUR Historical Data
Below is a table showcasing recent historical exchange rates for GBP to EUR. This data provides a snapshot of the rate fluctuations over the last few months. For more extensive historical data, spanning over two decades, explore our detailed records.
| Date | 1 GBP= |
|---|---|
| Average | 1.1999 |
| October 31, 2024 | 1.197182 |
| November 30, 2024 | 1.199412 |
| December 31, 2024 | 1.206434 |
| January 31, 2025 | 1.193225 |
| February 28, 2025 | 1.203248 |
Key Currency Information: GBP and EUR
To further understand the GBP to EUR exchange rate, it’s helpful to know more about each currency individually.
British Pound (GBP) Snapshot
- Currency Name: British Pound Sterling
- Currency Code: GBP
- Currency Symbol: £
- Central Bank: Bank of England
- Used In: United Kingdom
- Note Denominations: £5, £10, £20, £50
- Coin Denominations: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2, £5
The British Pound, the official currency of the UK, is managed by the Bank of England. While not considered a reserve or safe-haven currency, it remains a significant player in global finance.
Euro (EUR) Snapshot
- Currency Name: Euro
- Currency Code: EUR
- Currency Symbol: €
- Central Bank: European Central Bank (ECB)
- Used In: Eurozone countries including Germany, France, Spain, Italy, and many more.
- Note Denominations: €5, €10, €20, €50, €100
- Coin Denominations: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2
The Euro is the official currency for 19 of the 27 European Union member states, making it a major global currency and considered a reserve currency. The European Central Bank oversees the Euro, impacting monetary policy across the Eurozone.
Stay Updated on GBP to EUR Rates
Monitoring the GBP in EUR exchange rate is essential for anyone dealing with these currencies. Factors like economic news, political events, and central bank decisions can influence currency values. For the latest updates and expert analysis, subscribe to our currency updates.
Ready to transfer funds? Sign up in minutes and take advantage of competitive exchange rates.
