Euro per UK pound
Euro per UK pound stood at 1.19 EUR per GBP on Oct 16, 2026, according to Bank of England. It is one of the indicators in the Bank Rate and sterling table (Value · Daily), with a complete series running from Jan 4, 1999 to Oct 16, 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank Rate and sterling table
| Indicator | 16-10-2026 | 15-10-2026 | 14-10-2026 | 13-10-2026 | 12-10-2026 | 09-10-2026 | 08-10-2026 | 07-10-2026 | 06-10-2026 | 05-10-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sterling exchange rates | |||||||||||
| Euro per pound | 1.19 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | |
| Pounds per euro | 0.84 | 0.85 | 0.85 | 0.84 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 |
Understanding euro per UK pound
Continental European valuation terms applied to British legal tender establish this daily spot exchange metric, quantifying the monetary quantity required to acquire a single unit of sterling within unified currency markets. Distinct from pairs involving overseas reserve currencies, this quotation anchors directly to the monetary union immediately adjacent to the domestic market, reflecting cross-border capital flows and regional trade integration. Excluded are historical pre-union currencies of individual member states and non-spot derivative instruments.
Reading these daily observations requires accounting for regional holiday schedules and European trading hours, during which liquidity conditions can create transient pricing anomalies. Analysts evaluating this bilateral rate should avoid treating it as a measure of total external trade competitiveness, since commercial exchanges involve numerous other global jurisdictions. Comparisons against historical periods prior to the adoption of the single currency require linking across structural regime changes in European monetary arrangements.
Frequently asked questions
- Which currency serves as the denominator in this spot quotation?
- The single European currency forms the denominator against the British pound.
- Are historical currencies of individual eurozone nations included here?
- No, the series reflects the modern single currency established across the participating European region.
- Does this exchange rate capture trade across all global partners?
- It captures valuation solely against the adjacent currency union, omitting trade with other major international regions.