Currency Transfer 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 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 (8th of May 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, May 8th, at 10:35 AM London time (GMT).Pound (GBP) Steady Amid UK Political Uncertainty
The pound (GBP) saw limited support yesterday as investors adopted a cautious stance ahead of the UK’s closely watched local elections. Concerns about the potential impact on UK bond markets weighed on sterling, particularly amid speculation that a weak Labour performance could prompt a leadership challenge to Prime Minister Keir Starmer.The pound may face increased volatility today as local election results begin to emerge and the scale of Labour’s losses becomes clearer. Heightened political uncertainty could unsettle markets, leading to more pronounced movements in GBP exchange rates.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.15701 euros / $1.36166 USD
Euro (EUR) Holds Range as German Data Balances ECB Outlook
The euro (EUR) traded largely rangebound yesterday, with stronger German industrial data offset by moderating expectations for European Central Bank (ECB) policy. German factory orders rose sharply in March, supported in part by stockpiling linked to Middle East tensions, while tentative hopes of a diplomatic breakthrough prompted investors to scale back some of their more hawkish ECB rate expectations for this year.This morning’s unexpected decline in German industrial production for March has had little immediate effect on the euro, as markets look ahead to ECB President Christine Lagarde's speech. Any guidance she provides on the policy outlook could influence investor sentiment and the near-term direction of the single currency.
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Today, the Euro exchange rate for €1 (EUR) = 0.86429 GBP/ 1.17689 USD
US Dollar (USD) Extends Losses on Improved Risk Sentiment
The US dollar (USD) remained under selling pressure yesterday as investors continued to move away from safe-haven assets on the back of growing optimism over a potential peace agreement in the Middle East. Sentiment improved further after US President Donald Trump suggested a deal was “very possible,” as Tehran considered a US proposal to end the conflict. Later clashes between US and Iranian forces, however, pared some of the dollar’s earlier losses.Attention now turns to today’s US Non-Farm Payrolls (NFP) release. Should the data confirm an expected cooling in labour market conditions, the report could extend the USD’s recent slide by softening expectations for further Federal Reserve tightening and weighing on the greenback.
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Today, the US Dollar exchange rate for $1 (USD) = 0.84969 euros
Canadian Dollar (CAD) Weighed Down by Softer Oil Prices
The Canadian dollar (CAD) edged lower on Thursday as global oil prices fell back below $100 per barrel. Given the currency's close tie to energy market performance, the latest pullback in crude prices has limited scope for CAD appreciation.Canada’s forthcoming employment report will be closely watched. A stronger-than-expected outcome would point to continued labour market resilience through April and could lend support to the Canadian dollar by reinforcing confidence in the domestic economic outlook.
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Today, the Canadian Dollar exchange rate (CAD) = 0.62254 euros
Australian Dollar (AUD) Volatile on Renewed Ceasefire Concerns
The Australian dollar (AUD) experienced renewed volatility overnight on Thursday as the US–Iran ceasefire came under pressure following fresh clashes in the Strait of Hormuz. As a risk-sensitive currency, the AUD remains highly responsive to geopolitical developments, and the renewed tensions have added to uncertainty in its trading pattern.If ceasefire concerns persist, the Australian dollar may remain choppy in the near term. Conversely, signs of de-escalation could help restore stability and underpin the AUD. Investors will continue to closely track developments in the Middle East for further cues.
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Today, the Australian Dollar exchange rate (AUD) = 0.61504 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.
