Monthly exchange rate of British pound to Euro 2007-2020

Since the United Kingdom (UK) held a referendum on its European Union membership in June 2016, the British pound (GBP) weakened against the Euro up until August 2019. Between June 2016 and the end of February 2020, the GBP to EUR has remained below 1.2. The monthly exchange rate between the British pound sterling (GBP) and the euro (EUR) has been greatly effected by Brexit.

Hitting UK citizens' pockets

It is not just European holiday makers that are hit when the British pound to Euro exchange rate falls. The average UK consumer also feels the pinch as inflation rates often rise to cover the shortfall of the pound. When the inflation rate rises, the price of imported goods goes up and the consumer ends up paying more.

GBP to U.S. dollar

Since 2016’s referendum, the British pound (GBP) fell across the exchange. The GBP's fall against the Euro was also reflected against the U.S. dollar where the exchange rate in May 2016 (pre-referendum) of 1.46 dollars to the pound has fallen significantly.

British pound sterling (GBP) to Euro (EUR) monthly exchange rate from January 2007 to March 2020

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Source

Release date

April 2020

Region

United Kingdom (Great Britain)

Survey time period

January 2007 to March 2020

Supplementary notes

Figures rounded.
Figures taken from months end.

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