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 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
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 (7th of January 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, January 7th, at 10:37 AM London time (GMT).Pound (GBP) Softens as Services PMI Misses Expectations
The pound (GBP) edged lower yesterday after the UK’s December services PMI was revised down to 51.4 from 52.1, underscoring subdued growth in the UK’s key services sector.With no major UK data releases scheduled for today, sterling may lack a clear directional catalyst, leaving it more sensitive to broader market sentiment and risk appetite.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.15443 euros / $1.34978 USD
Euro (EUR) Declines Amid Persistent US-EU Tensions
The euro (EUR) weakened yesterday amid ongoing tensions between the US and the EU over Greenland, which continued to weigh on the single currency. This overshadowed otherwise constructive geopolitical news that the US reportedly supports a post-ceasefire defence force for Ukraine.A sharper-than-expected slowdown in German inflation added further pressure on the euro.
Today, attention turns to the Eurozone’s December consumer price index. If inflation eased in line with, or below, expectations, the euro could face additional downside risk.
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Today, the Euro exchange rate for €1 (EUR) = 0.86622 GBP/ 1.16922 USD
US Dollar (USD) Supported by Dip-Buying and Risk Aversion
The US dollar (USD) recovered some ground yesterday against weaker counterparts, supported by dip-buying activity and a resurgence of risk aversion that bolstered demand for safe-haven assets.Today’s US calendar is busy, with the ISM services PMI likely to be the key release. Should the data underperform, mirroring this week’s weaker manufacturing PMI, the greenback may come under renewed selling pressure.
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Today, the US Dollar exchange rate for $1 (USD) = 0.85523 euros
Canadian Dollar (CAD) Tracks USD Amid Volatile Oil Prices
The Canadian dollar (CAD) traded essentially in line with the US dollar yesterday, while fluctuating oil prices caused the commodity-linked currency to shift direction throughout the session.Looking ahead, Canada’s latest Ivey PMI will be in focus. Another contraction in December activity could weigh on the loonie, particularly if accompanied by further weakness in energy markets.
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Today, the Canadian Dollar exchange rate (CAD) = 0.61917 euros
Australian Dollar (AUD) Supported by Sticky Core Inflation
The Australian dollar (AUD) firmed overnight following the release of Australia’s latest inflation data. While headline inflation cooled by more than forecast, the trimmed mean CPI pointed to persistent underlying price pressures, lending support to the Aussie.This inflation profile may encourage the Reserve Bank of Australia (RBA) to retain a relatively hawkish stance, which could continue to underpin the AUD in the near term.
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Today, the Australian Dollar exchange rate (AUD) = 0.57604 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.
