Euro Currency Service
International Money Transfers and Euro 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 efficiently and securely with your international currency transfers.
Do You Need Euros for a Property Purchase?
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 contracts, forward contracts, limit orders) to meet 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 at 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 Euro Rates & Daily Currency News (17th of July 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, July 17th, at 10:40 AM London time (GMT).Pound (GBP) Slips as Investors Book Profits
The pound (GBP) edged lower against most major currencies on Thursday, as investors moved to lock in profits after its advance to multi‑month highs earlier in the week. Sentiment was further tempered by the UK’s latest GDP figures: while May’s month‑on‑month data confirmed a return to growth following April’s contraction, the release fell short of triggering fresh upside momentum.With UK data releases limited today, domestic politics are likely to be the key driver of Sterling performance. Any additional indications – or formal confirmation – that incoming Prime Minister Andy Burnham will appoint Shabana Mahmood as Chancellor could provide renewed support for the pound, as markets position for a potentially more market‑friendly fiscal stance.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.17496 euros / $1.34386 USD
Euro (EUR) Muted in Quiet Trade
The euro (EUR) traded broadly sideways on Thursday, lacking clear direction amid a lack of major Eurozone data. Some market participants attempted to short the single currency amid concerns over rising gas prices, but these positions had only a modest and short‑lived impact on EUR levels.Attention now turns to the release of the Eurozone’s latest Consumer Price Index (CPI). Should June’s finalised figures confirm a marked slowdown in inflation, the euro could come under pressure, as softer price growth would likely dampen expectations for further monetary tightening from the European Central Bank (ECB).
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Today, the Euro exchange rate for €1 (EUR) = 0.85102 GBP/ 1.14378 USD
US Dollar (USD) Buoyed by Geopolitical Uncertainty
The US dollar (USD) found measured support on Thursday, with demand for the safe‑haven currency underpinned by escalating tensions in the Middle East. Gains were partially capped by weaker‑than‑expected US retail sales data, which indicated a clear loss of momentum in consumer spending towards the end of the second quarter.Today, the USD is drawing renewed support as a global tech‑sector sell‑off weighs on risk sentiment. The ‘greenback’ could extend its advance later in the session if upcoming data show an improvement in US consumer confidence, reinforcing the view that the US economy remains comparatively resilient.
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Today, the US Dollar exchange rate for $1 (USD) = 0.87429 euros
Canadian Dollar (CAD) Bolstered by Rising Oil Prices
The Canadian dollar (CAD) traded firmer on Thursday, supported by higher oil prices, which continue to benefit the commodity‑linked currency. The ‘loonie’ remains closely correlated with energy markets, where stronger pricing has been a key driver of its recent performance.In the near term, CAD movements are likely to remain sensitive to oil price developments. If crude prices continue to appreciate, the ‘loonie’ may extend its gains into the weekend, supported by ongoing demand for energy‑exposed assets.
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Today, the Canadian Dollar exchange rate (CAD) = 0.62295 euros
Australian Dollar (AUD) Slips Amid Stock Market Jitters
The Australian dollar (AUD) drifted lower overnight on Thursday, as renewed concerns over a potential AI‑driven equity bubble weighed on global risk appetite. As a risk‑sensitive currency, the ‘Aussie’ typically underperforms in more cautious market conditions, and the latest bout of volatility has constrained upside potential.If this risk‑off tone persists, the AUD may face additional downside pressure. However, any stabilisation in equity markets, a rebound in broader risk sentiment, or supportive domestic data could help the currency consolidate or recover some recent losses, as investors reassess their positioning across higher‑beta assets.
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Today, the Australian Dollar exchange rate (AUD) = 0.60948 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 FX 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 an old-fashioned 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, regardless of your currency and timezone.
GBP/EUR Volatility in 2026 (January–May)
In the first five months of 2026, the GBP/EUR exchange rate has been notably volatile, moving by around 6.5% since the start of the year. The pound peaked at €1.225 in late February, driven by shifting expectations for Bank of England monetary policy and geopolitical developments. However, it fell to €1.142 in mid-March, as rising energy costs and political instability in the UK weighed on Sterling.In April, the GBP/EUR rate remained subdued, as UK political uncertainty (including local elections and leadership concerns) and mixed economic data (e.g., retail sales and PMI figures) kept the pound rangebound. By early May, the exchange rate stabilised slightly but remained under pressure from global risk sentiment and expectations of BoE policy.
To put this into perspective, these fluctuations could result in a difference of nearly £31,500 when purchasing a €500,000 property, underscoring how currency movements can significantly affect large transactions. This volatility highlights the importance of timing and currency risk management for international buyers and investors.
USD/EUR Volatility in 2026 (January–May)
For American citizens and investors trading in dollars, the USD/EUR exchange rate has been highly volatile in the first five months of 2026, reflecting geopolitical tensions, shifting monetary policy expectations, and energy market fluctuations. The US dollar peaked at €0.968 in January, driven by safe-haven demand amid escalating tensions in the Middle East. By early March, it had fallen to €0.875, as a changing Federal Reserve policy outlook and energy market instability weighed on the currency.In April, the USD/EUR rate fluctuated further, as optimism about a US-Iran ceasefire and mixed US economic data (e.g., GDP misses and labour market reports) reduced safe-haven demand. By early May, the exchange rate remained sensitive to developments in the Middle East, with fresh doubts over peace talks providing temporary support for the dollar.
To illustrate the impact, a €500,000 property deal could have cost approximately $516,500 at the January peak, compared with $571,500 at the March low, a $55,000 difference attributable solely to currency movements. These trends highlight the importance of timing and currency strategy for international transactions.
Negotiate a Better Deal
Having an account set up before submitting your purchase offer can significantly increase your chances of negotiating a better deal for your dream French property.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.
