GBP per EUR Exchange Rate
Last updated:
Source: European Central Bank EXR reference exchange-rate dataset
Source description: Weekly, monthly and yearly average exchange rates from ECB reference exchange-rate data. Values are expressed as local currency units per 1 euro; reciprocal euro per currency values are also included.
Table ID: macro_economics/currency/ecb_exchange_rates
Key findings:
- May 2026 averaged 0.87 British pounds per euro, up from 0.84 in May 2025, so euro-priced imports, supplier invoices and cross-border costs translated into more pounds than one year earlier.
- The rate remains below the August 2019 high of 0.92 British pounds per euro, so the pound is not at its weakest point in the available monthly history.
- The long-run range runs from 0.71 British pounds per euro in November 2015 to 0.92 in August 2019, and the current level sits closer to the upper end of that range than to the 2015 low.
Latest data:
| date | currency | frequency | currency_per_eur | eur_per_currency | observations |
|---|---|---|---|---|---|
| 2025-07-01 | GBP | monthly | 0.8647 | 1.1565 | 23 |
| 2025-08-01 | GBP | monthly | 0.8653 | 1.1557 | 21 |
| 2025-09-01 | GBP | monthly | 0.8689 | 1.1508 | 22 |
| 2025-10-01 | GBP | monthly | 0.8716 | 1.1474 | 23 |
| 2025-11-01 | GBP | monthly | 0.88 | 1.1364 | 20 |
| 2025-12-01 | GBP | monthly | 0.875 | 1.1429 | 21 |
| 2026-01-01 | GBP | monthly | 0.8683 | 1.1517 | 21 |
| 2026-02-01 | GBP | monthly | 0.8703 | 1.149 | 20 |
| 2026-03-01 | GBP | monthly | 0.8663 | 1.1543 | 22 |
| 2026-04-01 | GBP | monthly | 0.8693 | 1.1503 | 20 |
| 2026-05-01 | GBP | monthly | 0.8656 | 1.1552 | 20 |
| 2026-06-01 | GBP | monthly | 0.8644 | 1.1568 | 3 |
The GBP/EUR exchange rate is a practical signal for the UK furniture market because many local sales, wages, rents and consumer prices are pound-based, while European supplier negotiations, imported assortment and cross-border benchmarks often sit in euro terms. When the pound weakens against the euro, UK retailers and importers can face higher landed costs for euro-priced furniture, components and services.
For manufacturers, retailers and analysts, GBP/EUR also changes how UK furniture turnover, consumer spending and company revenue compare with European markets. It is useful alongside UK retail, consumer-market and online-demand indicators when separating real demand signals from currency translation effects.
Market Context
In UK furniture retail, the exchange rate is most relevant where local selling prices meet imported ranges, European brands, component sourcing and logistics contracts. GBP/EUR movements can influence category margins, price negotiations, sourcing alternatives and the timing of cost pass-through into the consumer market.
The indicator complements UK Furniture Retail Market Size, UK Furniture Consumer Market Size and UK Furniture Product Search Trend by showing whether euro comparisons are being pulled by currency movements or by underlying market activity.
