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 (5th 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 5th, at 10:03 AM London time (GMT).Pound (GBP) Steady as PMI Revised Lower
The pound (GBP) traded in a tight range yesterday as markets absorbed the UK’s final January services PMI release. While service sector activity accelerated to its highest level in five months, the figure undershot the 21‑month high indicated by the preliminary estimate.Attention now turns to today’s Bank of England (BoE) interest rate decision. A cautious stance on the timing and scale of future rate cuts could lend support to Sterling, while the BoE’s updated economic projections may also drive additional volatility.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.15156 euros / $1.35652 USD
Euro (EUR) Subdued as Inflation Moderates
The euro (EUR) was broadly stable yesterday after Eurozone inflation eased from 2.0% to 1.7% in January. The bloc’s final services PMI for January was also revised slightly lower.Despite the softer data, the euro avoided pronounced losses as investors were reluctant to reposition ahead of today’s European Central Bank (ECB) interest rate decision. Any indication from the ECB of scope for further rate reductions, should conditions justify looser policy, could exert downward pressure on the single currency.
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Today, the Euro exchange rate for €1 (EUR) = 0.86850 GBP/ 1.17814 USD
US Dollar (USD) Rangebound Amid Mixed Indicators
The US dollar (USD) traded largely sideways yesterday, showing resilience despite a weaker‑than‑expected ADP employment change reading. A modest rise in US Treasury yields, together with a stronger‑than‑forecast ISM services PMI, helped underpin the greenback.Looking ahead, the latest US initial jobless claims data may influence USD performance today. An unexpected increase in new claimants could weigh on the dollar by reinforcing expectations for a more accommodative Federal Reserve.
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Today, the US Dollar exchange rate for $1 (USD) = 0.84879 euros
Canadian Dollar (CAD) Softens Following PMI Disappointment
The Canadian dollar (CAD) weakened yesterday, pressured by declining oil prices and a softer‑than‑anticipated Canadian services PMI. With no domestic economic releases scheduled for today, the oil‑linked currency is likely to take its cue from movements in crude prices and broader risk sentiment.-
Today, the Canadian Dollar exchange rate (CAD) = 0.61954 euros
Australian Dollar (AUD) Eases in Risk‑Averse Trade
The Australian dollar (AUD) edged lower overnight, despite stronger‑than‑expected trade data, as a risk‑off market tone curtailed demand for risk‑sensitive assets such as the Aussie.-
Today, the Australian Dollar exchange rate (AUD) = 0.59136 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.
