Monday, March 27, 2017 8:26 PM
Currencies rates online for Euro (EUR) to British Pound (GBP).
Forex data is updating every 5 minutes.
In order to convert currencies, please go to British Pound (GBP) to Euro (EUR).
The currency converter uses the latest Forex exchange rates.
The euro (symbol: €; currency code: EUR) is the official currency of the Eurozone, which comprises 19 member states of the European Union (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxemburg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain). Since its introduction, the euro has been adopted by several sovereign states that are not part of the European Union and include the Principality of Andorra, the Principality of Monaco, the Republic of San Marino, and the Vatican City, as well as by a number territories, departments and sovereign states of Eurozone countries including the Azores, the Canary Islands, and the Madeira Islands, among others. One (1) euro is equal to one hundred (100) euro cents.
The euro is the second largest reserve currency in the world after the United States dollar. It is also the second most traded currency worldwide, while it is estimated that it has surpassed the U.S. dollar in terms of the combined value of banknotes and coins in circulation. It is estimated that the euro is used by approximately 337 million Europeans on a daily basis.
The euro replaced the European Currency Unit (ECU) as an accounting currency on January 1, 1999, at a ratio of 1:1. The circulation of euro coins and banknotes began on January 1, 2002.
The pound sterling (symbol: £; currency code: GBP) is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory and Tristan da Cunha. One (1) pound is equal to one hundred (100) pence.
The pound sterling is the third largest reserve currency in the world, behind the U.S. dollar and the euro, and one of the most commonly converted currencies. It is also the fourth most traded currency in the forex market, after the U.S. dollar, the euro and the Japanese yen. It is issued by the Bank of England.
The pound sterling is the oldest currency in the world that is still in use, with the pound being a unit of account in Anglo-Saxon England. The Bank of England was founded in 1694 and began to issue paper money in the same year.