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 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.
Do You Need Euros to Buy a 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 (17th of March 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, March 17th, at 9:50 AM London time (GMT).Pound (GBP) Softens on Growth Concerns
The pound (GBP) moved broadly lower through yesterday’s session, as markets continued to digest Friday’s underwhelming UK GDP data and its implications for the country’s growth outlook. Sentiment was further undermined by projections from Goldman Sachs, which continue to anticipate two Bank of England (BoE) interest rate cuts in 2026, despite the recent inflation uptick.With no major UK data scheduled for release today, sterling may lack a clear catalyst and could remain directionless in the near term.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.15824 euros / $1.33312 USD
Euro (EUR) Benefits from Weaker US Dollar
The euro (EUR) advanced on Monday, supported by its inverse relationship with the US dollar (USD), which came under pressure as risk appetite improved. A concurrent decline in energy prices provided additional support to the single currency, easing some of the strain on the Eurozone economy.Today’s focus will be on Germany’s latest ZEW Economic Sentiment Index, which could inject volatility into euro trade. Forecasters expect a marked deterioration in sentiment, reflecting persistent concerns around geopolitical tensions in the Middle East.
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Today, the Euro exchange rate for €1 (EUR) = 0.86337 GBP/ 1.15106 USD
US Dollar (USD) Edges Lower as Safe-Haven Demand Fades
The US dollar (USD) began the week on the back foot, as diminishing demand for safe-haven assets coincided with stronger risk appetite across financial markets. The currency’s decline was exacerbated by data showing a sharp slowdown in US industrial production in February, raising doubts about the durability of US economic momentum.In the short term, USD movements may be subdued as traders turn their attention to the Federal Reserve’s forthcoming interest rate decision and updated economic projections.
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Today, the US Dollar exchange rate for $1 (USD) = 0.86875 euros
Canadian Dollar (CAD) Pressured by Lower Oil and Soft Inflation
The Canadian dollar (CAD) weakened on Monday, weighed down by falling oil prices and a softer-than-expected domestic inflation print. As a commodity-linked currency, the ‘loonie’ remains highly sensitive to swings in crude prices, which have exhibited heightened volatility in recent sessions.Should oil prices retreat back below $100 per barrel, the Canadian dollar could face additional headwinds, keeping investors cautious.
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Today, the Canadian Dollar exchange rate (CAD) = 0.63428 euros
Australian Dollar (AUD) Steady Following RBA Rate Hike
The Australian dollar (AUD) held within a tight range on Monday, despite the Reserve Bank of Australia (RBA) delivering a widely anticipated interest rate increase. The impact of the decision was tempered by the narrow 5–4 vote in favour of the hike, which prompted some uncertainty about the RBA’s conviction in favour of further tightening.The ‘Aussie’ may continue to trade cautiously as investors evaluate the RBA’s policy outlook and broader global risk conditions.
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Today, the Australian Dollar exchange rate (AUD) = 0.61551 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)
The USD/EUR exchange rate experienced notable fluctuations 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 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.
