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?
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 (12th of March 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, March 12th, at 9:33 AM London time (GMT).Pound (GBP) Stable Amid Limited Data
The pound (GBP) moved within a relatively broad range yesterday amid a continued lack of significant UK economic data. Sterling’s performance was uneven as markets weighed the possible implications of the Middle East crisis for UK growth, interest rate expectations, and the public finances.Looking ahead, Bank of England (BoE) Governor Andrew Bailey is due to speak this morning. Any suggestion that higher oil prices could delay further interest rate cuts may lend support to the pound.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.15833 euros / $1.33841 USD
Euro (EUR) Softens as US Dollar Strengthens
The euro (EUR) declined yesterday, reflecting its strong inverse relationship with the recovering US dollar (USD). A renewed rise in energy prices added pressure to the single currency and renewed concerns over the potential impact of an energy shock on the Eurozone economy.With few Eurozone data releases scheduled for today, EUR trading is likely to be driven mainly by its correlation with the USD and broader market sentiment.
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Today, the Euro exchange rate for €1 (EUR) = 0.86326 GBP/ 1.15560 USD
US Dollar (USD) Firms as Risk Sentiment Deteriorates
The US dollar (USD) strengthened yesterday amid escalating tensions in the Middle East, which weighed on global risk appetite. Meanwhile, the latest US Consumer Price Index (CPI) report showed inflation remained sticky in February, prompting markets to trim expectations for Federal Reserve interest rate cuts.Today, beyond the publication of initial jobless claims, overall risk sentiment is expected to be the main driver of USD performance, with developments in the Middle East likely to stay in focus.
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Today, the US Dollar exchange rate for $1 (USD) = 0.86534 euros
Canadian Dollar (CAD) Mixed as Oil Prices Fluctuate
The Canadian dollar (CAD) traded mixed yesterday, with volatility in oil prices driving choppy trading. With no major Canadian economic releases on the calendar today, the ‘loonie’ is likely to continue tracking moves in crude oil. Further swings in oil prices could leave CAD without a clear directional bias.-
Today, the Canadian Dollar exchange rate (CAD) = 0.63691 euros
Australian Dollar (AUD) Holds Within Range Amid Cautious Mood
The Australian dollar (AUD) traded sideways overnight, struggling to build on recent gains amid a risk-off tone in markets, which curbed demand for risk-sensitive assets. This cautious backdrop continues to cap the upside for the ‘Aussie’.-
Today, the Australian Dollar exchange rate (AUD) = 0.61693 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)
The USD/EUR exchange rate experienced notable fluctuations 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 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.
