Currency Transfer Service
International Money Transfers and Exchange Rates
If you need to convert UK pounds, US dollars, or other currencies into euros to transfer funds for a property purchase in France, we recommend our trusted foreign exchange partners: Currencies Direct and Xe.These leading specialists in international money transfers have over fifty years of combined experience and are FCA-authorised providers. They offer secure, commission-free transfers and competitive exchange rates.
Whether you’re buying property in France, making regular overseas payments to Europe, or you need to repatriate euros back home, our partners provide expert guidance to help you maximise your exchange rate and avoid fees.
Discover how we can help you with your international currency transfers efficiently and securely.
Do You Need Euros to Buy a Property in France?
Are you wondering about options for securing euros for your property purchase in France? Depending on the amount and timescales involved, there are different types of options (spot contract, forward contract, limit order) for your currency requirements.International markets are, by definition, volatile, and currencies fluctuate constantly; it's not always easy to keep track of the market or know where to turn for advice.
We receive daily enquiries about money transfers, primarily for euros, as well as for UK pounds, US dollars, and other foreign currencies, for property purchases, deposits, and pension payments.
We are also finding that professionals and companies are becoming more savvy with their transfers, especially for overseas invoice payments.
Our Foreign Exchange Service
Your dedicated English-speaking account manager will work with you according to your specific schedule and keep you informed at every step. They can, for example, promptly notify the notary when your funds have been transferred to their account. You will not have to endure the frustrating automated call answering service with your bank and navigate the app on your smartphone to learn that, after all, it is not that easy to make overseas payments with a high-street bank.
Today's Exchange Rates & Daily Currency Report (2nd of February 2026)
Our FX experts bring you today's updates on international markets and the euro's interbank mid-market rates. Here's a quick rundown of how global major currencies and key interest rates are performing, updated today, February 2nd, at 9:55 AM London time (GMT).Pound (GBP) Stable as Markets Anticipate BoE Decision
The pound (GBP) traded within a narrow range on Friday, as the ongoing absence of significant UK economic data shifted investor focus towards the Bank of England’s (BoE) upcoming interest rate decision later this week.While the BoE is widely expected to leave interest rates unchanged this month, markets will be closely monitoring any forward guidance that could signal a potential rate cut in March.
At the start of this week, confirmation that the UK manufacturing sector expanded at an accelerated pace in January may offer some support to sterling.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.15549 euros / $1.37078 USD
Euro (EUR) Pressured by Renewed US Dollar Strength
The euro (EUR) edged lower on Friday, weighed down by its strong negative correlation with the US dollar (USD). This overshadowed the release of the Eurozone’s latest GDP data, which showed the bloc’s economy expanded by 0.3% in the final quarter of 2025, surpassing expectations of 0.2%.This week’s European session opened with an unexpected rebound in German retail sales, which may provide additional support for the euro this morning.
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Today, the Euro exchange rate for €1 (EUR) = 0.86542 GBP/ 1.18638 USD
US Dollar (USD) Supported by Positive Market Reaction to Trump’s Fed Nominee
The US dollar ended last week’s session on a firm footing after President Donald Trump confirmed the nomination of Kevin Warsh as the next Chair of the Federal Reserve.As a former Fed Governor, Warsh is viewed as a credible, less dovish candidate among those on Trump’s shortlist. His prospective appointment is expected to reinforce confidence in the US central bank's independence.
Looking ahead, the release of the latest ISM manufacturing PMI could further extend the US dollar’s recovery at the start of this week, particularly if the data point to an improvement in US manufacturing activity.
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Today, the US Dollar exchange rate for $1 (USD) = 0.84289 euros
Canadian Dollar (CAD) Steady as GDP Growth Stalls
The Canadian dollar (CAD) was subdued on Friday after data showed that Canadian GDP was flat in November. Today, movements in the ‘loonie’ are likely to be driven primarily by oil price dynamics. Should oil prices continue to decline, the Canadian dollar could come under additional downward pressure.-
Today, the Canadian Dollar exchange rate (CAD) = 0.61821 euros
Australian Dollar (AUD) Softens Amid Sharp Commodity Price Declines
The Australian dollar (AUD) began the week on the back foot, pressured by steep falls in key commodity prices. The ‘Aussie’ may remain under pressure if weakness in commodity markets persists.-
Today, the Australian Dollar exchange rate (AUD) = 0.58684 euros
Converting to Euros Using a Smartphone
Did you know that most modern smartphones feature currency converters in their calculators? For example, the most recent iPhones and Samsung cellphones feature a built-in currency converter in their Calculator app; however, this feature varies by model and, of course, the software version. Here's how to access them on Samsung and iPhone devices:With an iPhone
- Open your calculator
- Input the amount you wish to convert
- Click on the bottom left calculator icon
- Drag it to the right to the convert mode
- Then, choose your currency to convert
With a Samsung Device
- Open the Calculator app
- Tap the three-dot menu in the top corner
- Select "Unit Converter" (or "conversions")
- Look for "Currency"
- If prompted, update the exchange rates online
Expert Advice & EUR Rates
Our award-winning property portal was featured on the UK's This is Money website. See below a few testimonials from clients who have saved money using our currency service."I secured a fantastic rate thanks to "my-french-house" and their currency transfer service. We received excellent advice and customer service when we needed to convert our currency into euros for our property purchase in France." Andy
"We have completed the final transfer of euros for my French house purchase. We received great rates and excellent service. We're delighted that we have set up repeat monthly payments to our accounts over here." Cath H.
Money-Saving Tips for International Transfers
It's smart to plan and set up your currency trading account before embarking on your property viewing trip. Doing so will demonstrate to the vendor and the estate agent that you are motivated and organised.This step becomes increasingly critical in this market, as banks are not supplying mortgages and sellers are seeking cash buyers. Vendors are wary of buyers who need to sell before they can buy; they are looking for motivated buyers who are ready to commit.
Are you using a bank for money transfers to France or Europe? Learn how you could save with our FX service compared to your high-street bank. Our currency partners offer competitive rates and fast service, delivering a high level of customer service, commission-free.
GBP/EUR Fluctuation in 2025
The GBP/EUR rate has fluctuated by roughly 7% so far in 2025 (January to December), with a peak at €1.213 on February 28th and a low of €1.131 mid-November. In numbers, the difference is nearly £29,900 for a property priced at €500,000.USD/EUR Fluctuation in 2025
The USD/EUR rate fluctuated significantly, reaching about €0.975 in January and dropping to €0.842–€0.843 in mid-September. This variation noticeably impacts large euro-denominated purchases. For instance, a €500,000 buy would cost roughly $513,000 at the strongest USD/EUR rate versus $593,000 at the weakest, an $80,000 difference due solely to currency changes.Negotiate a Better Deal
Having an account already set up when submitting your purchase offer can significantly increase your chances of negotiating a better deal for your dream property.Exclusive Voucher Offer
In addition, our partners at XE are offering an exclusive promotion where you could earn up to $/£/€300 in vouchers from hundreds of retailers, including Amazon, Airbnb, M&S, Adidas, and many more. To benefit from this promotion, use the promo code on the screen when booking your first transfer online.
Compare and Trade Currencies
There may be rules and restrictions that apply based on your location, amount, and the destination of your wire transfer. At My-French-House.com, we believe you should have options to choose the service that suits your budget. Start managing your exposure with our long-standing partners at Currencies Direct, who have been awarded ‘Best Currency Broker’ in the 2024 Good Money Guide Awards.
