Pound to Euro Exchange Rate History – Highs, Lows & Averages

Pound to euro chart for the past year

What is the highest pound-to-euro rate ever?

The highest Pound to Euro rate ever was €1.752 on 3rd May 2000.

This was within a year of the Euro’s launch in 1999. Investors were worried the Euro would be a short-lived experiment.

The Pound to Euro rate shot up to over €1.75 due largely to Euro weakness (as opposed to Pound strength).

The lowest pound-to-euro rate ever

The lowest Pound to Euro rate ever was €1.02 on 30th December 2008.

During the global financial crisis the entire UK banking system was nearing collapse.

As a result, the Pound plunged.

The GBP/EUR rate dropped to €1.02 as international investors pulled their money out of the UK.

What is the average pound-to-euro rate?

The Pound to Euro rate has averaged €1.30 over its full history since January 1999.

Therefore at current levels, the Pound sits below the average rate.

But going back to 1999 is not a relevant time scale for most people.

In the past 10 years, the average GBP/EUR rate has been €1.16.

In the past 5 years, the average GBP/EUR rate has been €1.17.

On the move? … Here’s a 3-minute video summary

How we can help you with the Pound to Euro rate

You’ve probably seen that the live Pound to Euro rate moves every few seconds.

That might be mesmerising for some people.

But most people have neither the time nor inclination to watch the Pound to Euro rate all day.

It’s why a money transfer service may be a good option for you.

As a money transfer specialist, we watch rates continuously throughout the day.

It’s a key part of what we do.

We help our clients achieve a better rate by taking advantage of any favourable moves.

That’s a fundamental difference in the service we offer.

A bank or online platform won’t help you at all.

They just push you on to a platform and leave you to do everything yourself.

Whereas we will understand your situation and help exchange your Pounds into Euros to your best advantage.