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 (31st 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 31st, at 10:39 AM London time (GMT).Pound (GBP) Finds Uneven Gains Amid BoE Decision
The pound (GBP) showed mixed movements yesterday, gaining against weaker currencies while fluctuating against others as markets reacted to the Bank of England’s (BoE) rate decision. Although three policymakers voted for a rate hike, BoE Governor Andrew Bailey indicated there was little evidence that inflation pressures were becoming entrenched in the UK economy, which reduced expectations for additional rate increases.As the week wraps up, the UK has limited economic data releases, so GBP movements may remain subdued. Investors are likely to watch overall market sentiment and external influences for direction.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.16909 euros / $1.34530 USD
Euro (EUR) Stays Uncertain Despite Strong GDP Data
The euro (EUR) experienced a volatile trading session yesterday, with no definitive trend, even though the Eurozone's GDP surpassed expectations. The currency may also have been affected by geopolitical concerns following a Russian missile crash in Poland, which added market uncertainty.Today, market focus shifts to the Eurozone’s latest Consumer Price Index (CPI). If the data shows a predicted rise in inflation for July, it could support the EUR somewhat, indicating ongoing inflationary pressures within the region.
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Today, the Euro exchange rate for €1 (EUR) = 0.85536 GBP/ 1.15072 USD
US Dollar (USD) Slips as Data Dents Fed Rate Hike Bets
The US dollar (USD) declined on Thursday as markets scaled back expectations for Federal Reserve rate hikes this year. Recent US GDP data showed an unexpected slowdown in growth during the second quarter, and June’s Core Personal Consumption Expenditures (PCE) Price Index indicated cooling inflation last month.This weaker-than-anticipated data has lessened speculation about further monetary tightening. Looking forward, the final US Consumer Sentiment Index for July might impact the dollar today. If it shows a significant rise in consumer confidence, the USD could recover some ground, suggesting resilience in the US economy.
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Today, the US Dollar exchange rate for $1 (USD) = 0.86893 euros
Canadian Dollar (CAD) Dragged Lower by USD
Yesterday, the Canadian dollar (CAD) fell, largely due to its positive correlation with the declining US dollar (USD). The ‘loonie’ typically moves in sync with the USD, and the recent weakening of the ‘greenback’ has negatively affected it.Today, CAD investors are focused on Canada's latest GDP figures. If the data reveals a slight increase in economic growth for June, the ‘loonie’ might find some support, indicating economic resilience.
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Today, the Canadian Dollar exchange rate (CAD) = 0.62002 euros
Australian Dollar (AUD) Firms as Producer Prices Surge
The Australian dollar (AUD) rose slightly overnight following a surge in Australian producer prices during the second quarter, which increased expectations of additional interest rate hikes by the Reserve Bank of Australia (RBA). This unexpectedly strong data has strengthened market hopes of further monetary tightening, supporting the ‘Aussie’.If this positive momentum continues, the AUD could see further gains. However, a decline in global risk appetite or negative economic reports might cap its growth. Investors will keep an eye on economic indicators and RBA updates for guidance.
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Today, the Australian Dollar exchange rate (AUD) = 0.61111 euros
Planning Your French Property Purchase
Whatever your starting currency, careful planning is essential when buying a home in France and converting into euros. Following major economic updates, political developments, and central bank decisions can help you choose an appropriate time to secure your exchange rate. Working with a specialist can also help you protect your budget, manage risk, and avoid unpleasant surprises between agreeing a price and completing your purchase.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.
