More recently, discussions regarding Brexit have played a huge role, creating much volatility for the market. Political developments and the economic movements of EU countries can also have a large impact on the euro to pound exchange rate. From the release of economic data each month to what is said by politicians in parliament, the exchange rate of pound to euro can be influenced by even the smallest comment or event. Investors in each currency listen out for signs of economic strength and react accordingly, affecting the rate directly.Įxchange rates are specifically political and economic shifts that may make investors want to buy the pound or sell off what they have. The GBP to EUR exchange rate can be influenced by a range of occurrences. What can affect the GBP & EUR exchange rate?

To convert GBP to EUR or EUR to GBP, open an international payments account or sign up for a business account for your corporate FX needs. We offer low fees online and provide 24/7 access whenever you need to make a payment. A Moneycorp account allows you to exchange pounds and euros, as well as other popular currencies, to cater to your online money transfer needs.