🇪🇺 EUR vs 🇬🇧 GBP: Currency Strength Comparison
Data updated: November 6, 2026
On November 6, 2026, one British Pound bought 1.1988 EUR at the official reference rate, so per unit the British Pound is worth more. A higher unit value only reflects how each currency is denominated, not which one is gaining: over the past 12 months EUR weakened by 5.3% against GBP, so on momentum the British Pound (GBP) is the stronger of the two.
Adjusted for consumer-price inflation in both economies, EUR lost 5.7% in real terms against GBP over the same period.
EUR relative to GBP
Positive values mean EUR strengthened against GBP.
EUR vs GBP over the last three years
EUR against GBP, index 100 on November 6, 2023. A rising line means EUR gained on GBP. Dashed: the same, adjusted for consumer-price inflation in both economies. Green dot: 3-year high, red: 3-year low.
- 3-year high: 102.1 on November 14, 2025, when EUR was at its strongest against GBP in the period.
- 3-year low: 95.1 on December 12, 2024.
- Now: 96.3, 5.7% below the high and 1.2% above the low.
- Sharpest one-month move: EUR rose 4% against GBP between March 27, 2025 and April 11, 2025.
What moved EUR and GBP
- · 🇪🇺 ECB unexpectedly hikes to 2.25% — ECB reverses course with a surprise hike, defying market expectations of a hold
- · 🇬🇧 Reeves delivers Autumn Budget — Chancellor Rachel Reeves raises taxes and extends threshold freezes, easing gilt-market fears
- · 🇪🇺 EU-US agree 15% tariff deal — Von der Leyen and Trump strike a deal capping most EU exports at a 15% tariff
- · 🇪🇺 ECB cuts to 2.00%, pauses easing — ECB's eighth cut since June 2024 brings the deposit rate to 2.00%
- · 🇪🇺 Merz elected German chancellor — Friedrich Merz becomes chancellor after a rare failed first vote, then wins a repeat ballot
- · 🇬🇧 BoE starts cutting — Bank of England cuts rates for first time since 2020
Major central-bank decisions, elections and shocks for the two currencies since November 6, 2023. The interactive chart marks them on the line.
Performance against 15 major currencies
| Currency | 12-month change vs basket | Rank |
|---|---|---|
| 🇪🇺 Euro (EUR) | -2.3% | #11 of 16 |
| 🇬🇧 British Pound (GBP) | +3.5% | #4 of 16 |
Open the interactive EUR/GBP chart →
How this comparison works
Each currency's strength index starts at 100 and accumulates its daily change against 15 other major currencies (a geometric mean of pairwise exchange-rate moves), using European Central Bank reference rates and other official sources. The relative figures above divide EUR's index by GBP's, so they reflect the two currencies' performance against each other while accounting for the whole basket. The real variant additionally adjusts each currency for its domestic CPI inflation.
Read the full methodology →Frequently asked questions
Is EUR stronger than GBP right now?
It depends on the question. Per unit, 1 GBP = 1.1988 EUR (reference rate, November 6, 2026), so the British Pound is worth more. As for which one is gaining, over the past 12 months EUR weakened by 5.3% against GBP, so on momentum the British Pound (GBP) is the stronger of the two.
How do EUR and GBP perform against other major currencies?
Against a basket of 15 major currencies over the past 12 months, EUR ranks #11 of 16 (-2.3%) while GBP ranks #4 (+3.5%).
What does the EUR vs GBP strength comparison show?
Rather than a single exchange rate, this page compares how each currency performed against a basket of 15 major currencies, then derives their relative strength. It filters out moves caused by the other currency alone and shows who is truly stronger.
How often is the data updated?
Every trading day (Monday to Friday), after the European Central Bank publishes its reference rates, usually around 16:00 CET.