Currency Transfer Service
International Money Transfers and Euro 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 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 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.
Need Foreign Currency to Buy a French Property?
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 for France
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 (8th of April 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, April 8th, at 10:23 AM London time (GMT).Pound (GBP) Outlook Mixed Following Divergent PMI Data
The pound (GBP) traded within a broad range yesterday as markets assessed a mixed set of UK PMI figures. The final March services survey showed activity slowed to its weakest pace in 11 months, heightening concerns about the durability of UK growth. At the same time, firm price pressures strengthened expectations that the Bank of England (BoE) may still opt to raise interest rates later this year.With few UK data releases scheduled for today, GBP movements are likely to be driven by wider market trends. Sterling has been firm against traditional safe‑haven currencies but softer versus risk‑sensitive assets, mirroring shifts in global risk appetite.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.14978 euros / $1.34384 USD
Euro (EUR) Supported by Expectations of Hawkish ECB Policy
The euro (EUR) gained against weaker peers yesterday as investors focused on inflation dynamics rather than lacklustre private‑sector activity. Final March PMI readings for the Eurozone showed input prices rising at the fastest pace in over three years, prompting markets to factor in multiple, front‑loaded interest rate increases from the European Central Bank (ECB).Today, the euro’s recent gains may be tested if German factory orders deliver a weaker‑than‑expected rebound in February and if Eurozone retail sales contract in line with forecasts. These releases could challenge the currency’s resilience amid ongoing economic headwinds.
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Today, the Euro exchange rate for €1 (EUR) = 0.86972 GBP/ 1.16877 USD
US Dollar (USD) Declines as Markets React to US‑Iran Ceasefire
The US dollar (USD) came under notable pressure yesterday, despite a generally risk‑off backdrop. Investor caution persisted in response to US President Donald Trump’s threats to target Iranian civilian infrastructure, while a sharp fall in February US durable goods orders further undermined the dollar.Overnight, news that the US and Iran agreed to a two‑week ceasefire, with Tehran pledging to reopen the Strait of Hormuz, triggered a relief rally in global markets. As risk appetite improved, demand for the safe‑haven USD declined sharply. If risk‑on sentiment holds, the dollar could remain on the back foot today.
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Today, the US Dollar exchange rate for $1 (USD) = 0.85559 euros
Canadian Dollar (CAD) Volatile as Oil Prices Swing
The Canadian dollar (CAD) traded choppily yesterday, moving in step with crude oil prices. Despite brief periods of support, the oil‑linked ‘loonie’ ultimately trended lower, pressured by a weaker US dollar and a disappointing Ivey PMI reading.Today, CAD faces fresh challenges as oil prices have fallen by 15% following confirmation of the Middle East ceasefire. Against this backdrop of heightened energy market uncertainty, the Canadian dollar is likely to remain relatively subdued during today’s session.
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Today, the Canadian Dollar exchange rate (CAD) = 0.61720 euros
Australian Dollar (AUD) Rises on Risk‑On Market Mood
The Australian dollar (AUD) advanced strongly overnight, supported by an improvement in global risk sentiment following the de‑escalation in the Middle East. As a risk‑sensitive currency, the ‘Aussie’ benefited from reduced fears of further regional conflict and renewed demand for higher‑yielding assets.If the current positive tone persists, the AUD may extend its recent gains, particularly if geopolitical risks remain contained. However, market participants will continue to monitor developments closely for any signs that could dampen risk appetite and cap further appreciation.
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Today, the Australian Dollar exchange rate (AUD) = 0.60299 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 Volatility in 2026 (January–March)
In early 2026, the GBP/EUR exchange rate showed significant volatility, changing by around 6.5% since the year's beginning. It hit a high of €1.225 in late February, driven by shifts in expectations for Bank of England monetary policy and geopolitical issues. The lowest so far was €1.142 in mid-March, due to rising energy costs and political instability in the UK.To put this into perspective, these fluctuations amount to nearly £31,500 difference when buying a €500,000 property, demonstrating how currency shifts can influence large transactions.
USD/EUR Volatility in 2026 (January–March)
For American citizens and investors trading in dollars, the USD/EUR exchange rate fluctuated notably in early 2026. In January, the dollar reached a high of €0.968, driven by safe-haven demand amid rising tensions in the Middle East. By early March, it declined to €0.875, influenced by changing Federal Reserve policy outlooks and energy market instability.These fluctuations impact real-world transactions; for instance, a €500,000 deal could cost around $516,500 at the peak rate versus $571,500 at the low, resulting in a $55,000 difference solely due to currency changes.
These trends underscore the importance of timing and currency strategy for international property transactions. Stay updated with the latest exchange rate movements to optimise your financial decisions.
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 French property.Compare and Trade Global 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.
