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 (23rd 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 23rd, at 10:20 AM London time (GMT).Pound (GBP) Lacks Clear Direction
The pound (GBP) traded without a clear directional bias yesterday, as the latest UK Consumer Price Index (CPI) release did little to alter expectations for Bank of England (BoE) interest rate decisions this year. Headline inflation rose from 3.0% to 3.3% in March, in line with market forecasts, while core inflation eased slightly from 3.2% to 3.1%. With no significant surprises in the data, sterling lacked a decisive catalyst.Today, attention turns to the UK Services PMI for April. Should the survey indicate a loss of momentum in the services sector, the pound could face renewed pressure as investors reassess the outlook for UK growth and monetary policy.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.15401 euros / $1.35007 USD
Euro (EUR) Pressured by Weak Confidence
The euro (EUR) came under pressure yesterday after Eurozone consumer sentiment weakened more than anticipated. The bloc’s Consumer Confidence Index fell to -20.6 in April, its lowest level since December 2022, reflecting rising concerns about the economic impact of ongoing tensions in the Middle East on the Eurozone economy.Looking ahead, the Eurozone’s PMI data for April will be closely watched. If the figures point to subdued or contracting private-sector activity, the single currency may face additional headwinds, as this would reinforce worries about the region’s broader economic resilience.
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Today, the Euro exchange rate for €1 (EUR) = 0.86653 GBP/ 1.16989 USD
US Dollar (USD) Supported but Volatile
The safe-haven US dollar (USD) traded choppy yesterday as developments in the Middle East drove swings in market risk appetite. The extension of the US–Iran ceasefire initially improved sentiment and weighed on safe-haven demand, but subsequent attacks in the Strait of Hormuz undermined confidence and contributed to renewed volatility.Market participants will now focus on the latest S&P Global PMIs for the United States. While these surveys are typically less influential than the ISM indices, a weaker-than-expected outcome could dampen demand for the dollar by signalling persistent softness in US economic activity.
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Today, the US Dollar exchange rate for $1 (USD) = 0.85475 euros
Canadian Dollar (CAD) Anchored by Oil
not sufficient to drive significant gains for the ‘loonie’. The currency remains closely tied to developments in energy markets, and the recent rise in oil prices has provided a degree of stability.Today, Canadian producer price data for March may offer fresh direction. A sharp rise in producer prices could bolster expectations of higher consumer inflation and, in turn, reinforce speculation of further policy tightening by the Bank of Canada (BoC), potentially lending additional support to the CAD.
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Today, the Canadian Dollar exchange rate (CAD) = 0.62536 euros
Australian Dollar (AUD) Weighed by Risk Sentiment
The Australian dollar (AUD) edged lower overnight despite stronger-than-expected PMI readings, as a risk-off tone in global markets overshadowed the positive data. While the robust survey results helped to limit losses, prevailing caution among investors constrained the ‘Aussie’s’ upside.If risk aversion persists, the AUD may remain under downward pressure as investors continue to favour safer assets. However, any improvement in global risk sentiment could allow the currency to recover ground, particularly if incoming economic data in Australia continues to surprise to the upside. Market participants will remain attentive to geopolitical developments and broader risk trends to guide the next move.
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Today, the Australian Dollar exchange rate (AUD) = 0.61121 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.
