Currency Converter | Foreign Exchange Rates | Wise (2025)

£1.000 GBP = €1.190 EUR

Mid-market exchange rate at 21:04

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GBP to EUR conversion chart

1 GBP = 1.18994 EUR

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Refresh rates in 60

Last updated today, 21:05

1 GBP to EURLast 30 daysLast 90 days
High1.18991.1912
Low1.17131.1606
Average1.18431.1816
Change1.59%0.63%
View full history

1 GBP to EUR stats

The performance of GBP to EUR in the last 30 days saw a 30 day high of 1.1899 and a 30 day low of 1.1713. This means the 30 day average was 1.1843. The change for GBP to EUR was 1.59.

The performance of GBP to EUR in the last 90 days saw a 90 day high of 1.1912 and a 90 day low of 1.1606. This means the 90 day average was 1.1816. The change for GBP to EUR was 0.63.

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How does this currency converter work?

Wise’s currency converter will show you how much your money is worth in other currencies at the real exchange rate. You can convert over 140 currencies quickly and easily.

Simply input your amount in the currency calculator above, select your source and destination currency and our tool will convert your currency at the mid-market rate (that’s the one you’ll usually find on Google). Send money abroad using Wise and we’ll use the same rate you see on our currency converter.

How to convert foreign currencies

  • 1

    Input your amount

    Simply type in the box how much you want to convert.

  • 2

    Choose your currencies

    Click on the drop-downs to select the currencies you want to convert between.

  • 3

    That’s it

    Our currency converter will show you the current rate and how it’s changed over the past day, week or month.

Top currency pairings for British pounds sterling

→←GBP to USD→←GBP to EUR→←GBP to INR→←GBP to AUD→←GBP to JPY→←GBP to CAD→←GBP to CHF→←GBP to NZD

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Currency Converter is an exchange rate information and news app only and not a currency trading platform. The information shown there does not constitute financial advice.

Frequently asked questions (FAQs) about the rate

You convert one currency to another using the exchange rate between those two currencies. For example, an exchange rate of 1 US dollar to 2 euros means you convert 1 USD to 2 EUR and 2 EUR to 1 USD. It’s about how much one currency is worth in the other, use our currency converter to find out.

Banks and other providers often set their own, unfriendly exchange rates for currency conversion. It means that you pay more than you need to, and they pocket the difference. Using Wise to convert your currency or send money abroad, you’ll always get the real exchange rate, the one you see on Google.

There are many ways to convert currency, but to make sure you’re getting the real exchange rate, use Wise for all your currency conversion needs. Compare us to other providers to make sure you’re getting the best rate.

You can convert over 140 currencies with the TransferWise currency converter. US dollars (USD), euros (EUR), pound sterling (GPB), Indian rupees (INR), Canadian dollars (CAD), Australian dollars (AUD), Swiss francs (CHF) and Mexican pesos (MXN) are among the most popular. Click here to browse all currencies.

Currency Converter | Foreign Exchange Rates | Wise (2025)

FAQs

How do you solve exchange rate questions? ›

In order to convert currencies using exchange rates:
  1. Write down the exchange rate and the other information given. ...
  2. Highlight the rate.
  3. Decide whether to multiply or divide by the rate. ...
  4. Multiply or divide the given currency by the exchange rate.
  5. State your final answer with the correct currency symbol.

What is the recommended currency converter? ›

1. Xe Currency Converter – Best App Overall. The Xe Currency Converter consolidates exchange rates, money transfers, rate alerts, analytics, and payment trackers into a comprehensive, all-in-one solution for users.

How do you convert currency using exchange rate? ›

Do You Multiply or Divide to Convert Currency? To convert from a base currency, you would multiply by the exchange rate. If the exchange rate is greater than 1, you will get a larger number—that is, you will get more of the second currency in exchange for the first.

What is the exchange rate right now? ›

US Dollar Exchange Rates Table Converter
US Dollar1.00 USDinv. 1.00 USD
Euro0.8947711.117604
British Pound0.7506081.332254
Indian Rupee83.4832890.011978
Australian Dollar1.4688640.680798
6 more rows

How do you solve exchange rates? ›

If "a" is the money you have in one currency and "b" is the exchange rate, then "c" is how much money you'll have after the exchange. So a * b = c, and a = c/b. For instance, say you want to convert Euros to US dollars.

How do you calculate exchange conversion? ›

Calculate an FX rate using this simple formula: Your starting figure (in your local currency) divided by the final number (in the new foreign currency) = the exchange rate.

What currency has the worst conversion rate? ›

Currently, the Iranian Rial is considered the world's least valuable currency. This is the result of factors like political unrest in the country. The Iran-Iraq war and the nuclear program also played a huge part.

How do I get the best exchange rate for currency? ›

Banks and credit unions typically offer the best rates and minimal fees, making them a great option for currency exchange. Plus, they're regulated and follow stringent security standards. And if it's your own bank, you can easily manage and track your transactions.

What is the strongest currency in the world to dollars? ›

Kuwaiti Dinar

How do exchange rates work for dummies? ›

An exchange rate is the going rate you'd pay to trade your currency for another. For example, if you needed to exchange 100 US dollars (USD) for Canadian dollars (CAD), you'd check the exchange rate to see how many Canadian dollars you'd receive in return.

How to calculate real exchange rate? ›

WHAT IS THE REAL EXCHANGE RATE? The real exchange rate (RER) between two currencies is the nominal exchange rate (e) multiplied by the ratio of prices between the two countries, P/P*.

Do you multiply or divide to convert currency? ›

Easy mistakes to make

It is easy to confuse whether you need to multiply or divide by the exchange rate. One way to remember is with the rule: If you are going from the “1” to the other currency then multiply. If you are going to the “1” from the other currency then divide.

Which bank is best for currency exchange? ›

Financial institutions that allow you to exchange foreign currency
  • TD Bank: TD Bank has 55 types of currencies. ...
  • U.S. Bank: US Bank customers may exchange currency at a local branch or online. ...
  • Wings Financial Credit Union: Wings Financial Credit Union has over 90 different currencies.
Jul 23, 2024

What country has the best exchange rate for USD? ›

The Kuwaiti dinar is the strongest currency in the world, with 1 dinar buying 3.26 dollars (or, put another way, $1 equals 0.31 Kuwaiti dinar). Kuwait is located on the Persian Gulf between Saudi Arabia and Iraq, and the country earns much of its wealth as a leading global exporter of oil.

What country is the U.S. dollar worth the most? ›

Monthly USD exchange rate against currency of 55 economies in Big Mac Index 2024. One United States dollar was worth over 15,000 Indonesian rupiah in March 2024, the highest value in a comparison of over 50 different currencies worldwide.

What is the formula for the exchange rate method? ›

Divide your current (home) currency by the exchange rate. For example, suppose that the USD/EUR exchange rate is 0.631 and you'd like to convert 100 USD into EUR. To do this, simply multiply the 100 by 0.631 and the result is the number of EUR that you'll receive: 63.10 EUR.

How do you find the correct exchange rate? ›

Know the country's exchange rate before you travel – these are usually posted online and at banks, airports and currency exchange shops. If you don't know the exchange rate, you can use this formula: starting amount (base currency) / ending amount (foreign currency) = exchange rate.

What is the formula for the effective exchange rate? ›

REER = (NEER * CPI Domestic) / (CPI Foreign)

NEER signifies Nominal Effective Exchange Rate. CPI Domestic refers to the Consumer Price Index of the domestic nation. CPI Foreign represents the Consumer Price Index of the foreign country/countries in the currency basket.

What is the formula for the real exchange rate? ›

The core equation is RER = eP*/P, where, in our example, e is the nominal dollar/euro exchange rate, P* is the average price of a good in the euro area, and P is the average price of the good in the United States.

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