500 GBP to EUR - Convert Pound Sterling to Euro

Convert GBP to EUR using our currency converter with real exchange rate today

1 GBP = 1.187 EUR

1 EUR = 0.842 GBP

(Mid-market exchange rate)

Last updated Jul 22, 2024 10:03 GMT

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GBP to EUR conversion chart

Below is the live and historical Pound Sterling to Euro rate chart so you can see today's rate - and how the rates have changed over time.

1 GBP = 1.187 EUR

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500 Pound Sterling to Euro stats | GBP to EUR

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 1.192 1.192 1.191 1.191 1.192
Low 1.186 1.177 1.162 1.141 1.177
Average 1.189 1.184 1.177 1.166 1.184
Volatility 0.51% 1.27% 2.5% 4.38% 1.27%

What is the Pound Sterling worth against the Euro today?

1 GBP is worth 1.187 EUR today

How much is 500 GBP worth in EUR?

At the current exchange rate of 1.187 , a sum of 500 Pound Sterling is worth 593.5 Euro.

Which currency is stronger? GBP or EUR?

The Pound Sterling is currently stronger than the Euro given that 1 GBP is equal to 1.187 EUR. Conversely, 1 EUR is worth 0.842 GBP.

Overview of GBP to EUR Performance and Trends

Today, to buy 500 Pound Sterling, you need 593.5 Euro. On the same date last year, you needed 579 Euro for 500 Pound Sterling. This change indicates that the Pound Sterling has become stronger against the Euro by 2.5% over the past year.

The pair experienced low volatility of 4.38%.

Low volatility means there is a lower risk of significant price changes. The exchange rate is normally stable.

GBP to EUR Currency Performance and Volatility

Last 7 Days

  • Performance: £500 varied between €1.186 (weekly low) and €1.192 (weekly high), a variance of €0.006 .
  • Volatility: Fluctuated by 0.51%.

Last 30 Days

  • Performance: £500 varied between €1.177 (30-day low) to €1.192 (30-day high), a variance of €0.015 .
  • Volatility: Fluctuated by 1.27%.

Last 90 Days

  • Performance: £500 varied between €1.162 (90-day low) to €1.191 (90-day high), a variance of €0.029 .
  • Volatility: Fluctuated by 2.5%.

Last Year

  • Performance: £500 ranged from €1.141 (yearly low) to €1.191 (yearly high), a variance of €0.05 .
  • Volatility: Fluctuated by 4.38%.

GBP to EUR Forecast and trending

Is the Pound Sterling going up or down against the Euro?

Today's GBP to EUR exchange rate (1.187) is smaller compared to yesterday's rate (1.188).

Currency information

GBP - Pound Sterling

The currency code for Pound Sterling is GBP.

The GBP currency symbol is £.

Minor unit: 1/100 = Penny

GBP rank by most traded currencies: 4

Avg proportion of daily world trade volume: 6.45%

GBP rank by strongest currencies (buying power): 5

The Pound Sterling is the currency of 10 countries:
United Kingdom, Bailiwick of Guernsey, Isle of Man, Jersey, Falkland Islands, Gibraltar, South Georgia and the South Sandwich Islands, Saint Helena, British Antarctic Territory, Tristan da Cunha

More Pound Sterling (GBP) information >

EUR - Euro

The currency code for Euro is EUR.

The EUR currency symbol is €.

Minor unit: 1/100 = Cent

EUR rank by most traded currencies: 2

Avg proportion of daily world trade volume: 15.25%

EUR rank by strongest currencies (buying power): 9

The Euro is the currency of 31 countries:
Akrotiri and Dhekelia, Åland, Andorra, Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, French Southern and Antarctic Lands, Germany, Greece, Ireland, Italy, Kosovo, Latvia, Lithuania, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Portugal, Saint Barthélemy, Saint Pierre and Miquelon, San Marino, Slovakia, Slovenia, Spain, Vatican City

More Euro (EUR) information >

Understanding GBP to EUR Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Pound Sterling to Euro, to send a payment, for a trip overseas, when shopping online or to hold a balance in Euro.

How to convert GBP to EUR?

You can convert Pound Sterling to Euro either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Euro in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Pound Sterling cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Euro in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Pound Sterling you want to send, or the amount in Euro you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Euro

How to get the best GBP to EUR exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best GBP to EUR exchange rate for your specific transaction.

Get to know the GBP/EUR mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the GBP/EUR mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Pound Sterling and Euro. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Pound Sterling with Euro?

You'll be able to exchange Euro to Pound Sterling in the same way as you'd exchange Pound Sterling to Euro. If you have Euro in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Euro. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Pound Sterling in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange GBP to EUR?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Pound Sterling to Euro (GBP to EUR)

How much is the Pound Sterling to Euro?

The Pound Sterling to Euro exchange rate today is 1.187 . Use this guide to learn more about exchanging GBP to EUR in the easiest and best value way for your specific needs.

How much is 500 Pound Sterling to the Euro?

The GBP to EUR rate today is 1.187 . That means that 500 Pound Sterling would be worth 593.5 Euro.

How to exchange Pound Sterling to Euro?

Exchange GBP to EUR in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including GBP to EUR.

How to send money to Europe?

If you want to send money from United Kingdom - or anywhere else in the world - to Europe, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Europe - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Euro and Pound Sterling on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Pound Sterling to Euro exchange rate with our handy tools, to help you compare your options.

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