EUR/GBP is the forex ticker that tells traders how many British Pounds are needed to buy a Euro. It is one of the most traded currency pairs worldwide because it marries two significant European economies: the European Union (EU) and the United Kingdom (UK). Use the EUR/GBP chart to follow the live Euro-Sterling rate and read the latest news and analysis to inform your fundamental and technical analysis. Our EUR/GBP forecast provides additional insights to help you plan your trades.
The Euro vs the British Pound. This pair represents a cross between the two largest economies in Europe, the Euro Zone and the United Kingdom. The pair is greatly less volatile than other Euro or Pound based crosses because of the economic closeness and interdependence between the two. Changes in monetary policy between the Bank of England and the European Central Bank can make this pair extremely sensitive.
The central bank in Europe is called the European Central Bank (ECB). Currently, 17 EU member states have adopted the Euro. It is the second-most traded currency on the forex market, after the US Dollar, and also a major global reserve currency. Other common names for the Euro include Yoyo (Irish English), Leru (Spanish), and Ege (Finnish).
- Name: Euro
- Symbol: € cent: cent
- Minor Unit: 1/100 = cent
- Central Bank Rate: 0.00
- Inflation: 1.50%
- Nicknames: Ege (Finnish), Pavo (Spanish), Yoyo (Irish English), Teuro (German)
- Coins: Freq Used: €1, €2, 5cent, 10cent, 20cent, 50cent, Rarely Used: 1cent, 2cent
- Banknotes: Freq Used: €5, €10, €20, €50, €100, Rarely Used: €200, €500
- Central Bank: European Central Bank ecb.eu