Euro Currency Service
Foreign Currency Transfers & Euro 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 Currency.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 after selling your property, our partners provide expert guidance to help you maximise your exchange rate and avoid fees.
Discover how we can help you make international currency transfers efficiently and securely.
Do You Need Euros for a Property Purchase?
Are you wondering about options for securing euros for your property purchase in France?Depending on the amount and timescales involved, you can choose from different options (spot contracts, forward contracts, limit orders) to meet 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.
Foreign Exchange Service for France
Your dedicated English-speaking account manager will work with you on your schedule and keep you informed every step of the way. For example, they can promptly notify the notary when your funds have been transferred to their account.You will not have to endure your bank's frustrating automated call-answering service or navigate your smartphone app only to learn that, after all, it is not that easy to make overseas payments with a high-street bank.
Euro Rates & Daily Currency News (23rd September 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, last updated on September 23rd at 10:21 AM London time (BST).Pound (GBP) Under Pressure as UK Borrowing Rises
The pound (GBP) fluctuated yesterday after a sharp rise in UK government borrowing in August weakened confidence in Sterling. The figures highlighted growing pressure on the UK’s public finances and made investors more cautious.Sterling nevertheless avoided significant losses, supported by stronger-than-expected manufacturing figures from the Confederation of British Industry (CBI) and lower oil prices.
Today, attention will turn to the UK’s preliminary Services Purchasing Managers’ Index (PMI) for September. A slowdown in service-sector activity could place further pressure on the pound.
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Today, the UK Pound exchange rate is £1 (GBP) = €1.16463 euros / $1.32917 USD
Euro (EUR) Steady Ahead of Key Economic Data
The euro (EUR) traded without a clear direction yesterday, as the absence of major Eurozone data left it influenced by wider market developments. Lower oil prices eased concerns about energy costs across the region, while a stronger US dollar limited support for the single currency.The latest Eurozone Purchasing Managers’ Indexes (PMIs) are due today. If the figures show slower economic growth, the euro could weaken.
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Today, the Euro exchange rate is €1 (EUR) = 0.85866 GBP/ 1.14127 USD
US Dollar (USD) Strengthens as Employment Growth Improves
The US dollar (USD) strengthened yesterday after some early volatility, supported by data showing continued improvement in US employment growth. The figures reinforced confidence in the US economy's resilience.The dollar also received support from comments by US President Donald Trump, who threatened to ‘annihilate’ Iran if an agreement was not reached and suggested that any deal would probably follow the November midterm elections. The resulting geopolitical uncertainty increased demand for the dollar as a traditionally safer currency.
Today’s S&P Global PMI figures could influence the US dollar. Although these surveys generally attract less attention than ISM reports, another strong reading may further support the currency.
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Today, the US Dollar exchange rate is $1 (USD) = 0.87621 euros
Canadian Dollar (CAD) Stable Despite Lower Oil Prices
The Canadian dollar (CAD) remained broadly stable yesterday despite falling oil prices. As the currency is closely linked to Canada’s energy exports, its resilience suggested that other market factors were providing support.The Canadian dollar could face pressure today if oil prices continue to decline. Further weakness in crude oil may reduce demand for the currency and add volatility.
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Today, the Canadian Dollar exchange rate is C$ (CAD) = 0.62209 euros
Australian Dollar (AUD) Weakens as European Trading Begins
The Australian dollar (AUD) was initially stable during overnight trading despite weaker PMI figures, but declined as European markets opened. The currency is sensitive to changes in global investor confidence and often weakens when markets become more cautious.If cautious market conditions continue, the Australian dollar may remain under pressure. However, stronger economic data or improved investor confidence could help the currency stabilise.
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Today, the Australian Dollar exchange rate is A$ (AUD) = 0.62083 euros
Planning Your Property Purchase
Whatever your starting currency, careful planning is essential when buying a home in France and converting into euros. Following major economic updates, political developments, and central bank decisions can help you choose the right time to lock in your exchange rate. Working with a currency specialist can also help you protect your budget, manage risk, and avoid unpleasant surprises between agreeing on a price and completing your property purchase.
Expert FX 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 you set off on your property viewing trip. This shows the vendor and 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 want motivated buyers who are ready to commit.
Are you using an old-fashioned bank to transfer money 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, regardless of your currency.
Currency Trends Update: January–September 2026
GBP/EUR Stability & Moderate Strength (January–September)
In the first nine months of 2026, the GBP/EUR exchange rate ranged between €1.130 and €1.170. The pound peaked at €1.170 in late August, driven by stronger-than-expected UK economic data, fiscal stability under Prime Minister Andy Burnham, and a stabilising political landscape. The lowest point of €1.130 in early January reflected temporary uncertainty, but the currency has since recovered modestly on positive domestic developments.Andy Burnham's appointment as Prime Minister has played a crucial role in maintaining Sterling’s stability. His focus on fiscal responsibility, along with Chancellor John Healey’s strict adherence to fiscal rules, has bolstered investor confidence in the UK’s economic prospects. Moreover, improved UK GDP growth, retail sales, and PMI figures have supported the pound, indicating economic resilience amid global challenges.
By early September, the GBP/EUR rate had stabilised around €1.16, aided by optimism about the government’s pro-growth policies and the Bank of England’s (BoE) cautious, data-dependent approach to monetary policy. This stance has helped anchor market expectations and reduce volatility.
For example, these fluctuations could mean nearly a £13,500 difference when buying a €500,000 property, compared with the lows earlier in the year. The pound’s stability underscores the importance of timing and currency strategy for international buyers and investors.
USD/EUR Stability Amid Geopolitical & Economic Shifts (January–September)
For American buyers and investors trading in dollars, the USD/EUR exchange rate remained relatively stable during the first nine months of 2026, reflecting a balanced mix of geopolitical developments, clarity in monetary policy, and energy market dynamics. The US dollar reached a high of €0.975 in late January, driven by safe-haven demand amid initial tensions in the Middle East and global economic uncertainty.As diplomatic efforts advanced and energy markets stabilised, the USD decreased to €0.915 by September, supported by solid US economic fundamentals and a cautious Federal Reserve approach.
In April and May, the USD/EUR rate benefited from optimism around a US-Iran ceasefire and strong US economic data, including rapid GDP growth and a resilient labour market. By early September, the exchange rate remained supported by ongoing safe-haven demand and expectations of a gradual shift in Federal Reserve policy, despite geopolitical tensions and energy price fluctuations.
For example, a €500,000 property deal that would have cost about $513,000 at the January peak now costs approximately $546,000, representing a $33,000 decrease for USD buyers, thanks to the dollar’s stability and the euro’s strength. These trends highlight how timing and currency strategies matter in international transactions, with current conditions favouring USD holders looking to invest in Europe.
Key Takeaways for 2026 (January–September)
- GBP/EUR: Stability driven by UK political stability, fiscal prudence, and improving economic data. The pound benefits from Burnham’s pro-growth policies and the BoE’s balanced approach, reducing volatility and boosting investor confidence.
- USD/EUR: Stability supported by geopolitical progress, US economic strength, and Fed clarity. The dollar remains stable, helping USD investors in Europe.
- Impact on Transactions: Currency movements have recently favoured buyers, with GBP stability lowering costs for UK investors abroad and USD stabilisation benefiting American buyers in Europe.
Negotiate a Better Property Deal!
Investors and businesses are advised to leverage current conditions, while continuing to monitor central bank policies, geopolitical developments, and economic indicators to optimise strategies.Having an account set up before submitting your purchase offer can significantly increase your chances of negotiating a better deal for your dream French property.
