Currency pair · direct ECB reference rate

What is the EUR/GBP reference rate and how has it moved?

The EUR/GBP reference rate was 0.84385 on 16 Oct 2026: one EUR was worth 0.84385 GBP. That is 2.7% below a year earlier and 0% of the way up its 52-week range. Annualised volatility over the year was 3.3%.

EUR/GBP · 16 Oct 2026: 0.84385Previous fixing 0.84610 (15 Oct 2026) · ▼ −0.27%
12-month change: ▼ −2.7%from 0.86760 on 16 Oct 2025
52-week range: 0.84385–0.88460low 14 Oct 2026 · high 14 Nov 2025
Volatility, 1 yr: 3.3%annualised; full-year average since 2016: 6.9%

The past twelve months

Daily ECB reference fixings, 16 Oct 2025 – 16 Oct 2026 (255 fixings). Yellow dot: latest.

What the record shows

Over the past year EUR/GBP has been calmer than usual: 3.3% annualised volatility against a 6.9% average for full calendar years since 2016. Its calmest full year was 2024 (4.1%) and its busiest 2016 (12.1%).
Since 4 Jan 2016 the rate has ranged from 0.73235 (5 Jan 2016) to 0.92985 (19 Mar 2020). Today's fixing is higher than 18% of the 2,763 daily fixings in that period.
Five years ago, on 15 Oct 2021, the fixing was 0.84368, so the rate is 0.0% above that level. Over one month it is ▼ −1.58% (from 0.85740 on 16 Sept 2026).
The largest single-day move of the past year was on 5 Feb 2026: 0.86160 → 0.86910 (▲ +0.87%).
Read the other way round, 1 GBP was worth 1.18504 EUR on 16 Oct 2026 (GBP/EUR).

How is the EUR/GBP figure on this page produced?

The ECB publishes EUR/GBP directly as one of its euro foreign exchange reference rates: 0.84385 GBP per euro on 16 Oct 2026. The page shows that figure unchanged. Reference rates are set around 14:10 CET on TARGET business days, from a regular concertation between central banks, and the ECB states they are published for information purposes only.

Year by year

EUR/GBP yearly close, change, high, low, average and volatility
Year	Close	Change	High	Low	Average	Vol.
2026 to date	0.84385	▼ −3.3%	0.87630 27 Feb	0.84385 14 Oct	0.86237	2.8%
2025	0.87260	▲ +5.2%	0.88460 14 Nov	0.82530 3 Mar	0.85679	4.7%
2024	0.82918	▼ −4.6%	0.86645 2 Jan	0.82428 12 Dec	0.84662	4.1%
2023	0.86905	▼ −2.0%	0.89338 7 Feb	0.85110 11 Jul	0.86979	5.3%
2022	0.88693	▲ +5.6%	0.90268 28 Sept	0.82388 4 Mar	0.85276	7.4%
2021	0.84028	▼ −6.5%	0.90635 6 Jan	0.83923 22 Nov	0.85960	5.3%
2020	0.89903	▲ +5.7%	0.92985 19 Mar	0.82985 18 Feb	0.88970	9.2%
2019	0.85080	▼ −4.9%	0.92830 13 Aug	0.83415 16 Dec	0.87777	7.1%
2018	0.89453	▲ +0.8%	0.90680 28 Aug	0.86280 17 Apr	0.88471	6.2%
2017	0.88723	▲ +3.6%	0.92965 29 Aug	0.83430 19 Apr	0.87667	7.8%
2016	0.85618	—	0.90485 17 Oct	0.73235 5 Jan	0.81948	12.1%

Change = last fixing of the year against the last fixing of the previous year (2016 has no prior close in this record). Vol. = annualised standard deviation of daily log changes within the year. 2026 runs to 16 Oct 2026.

Since January 2016

ECB reference fixings, thinned to about every fifth fixing for drawing; the tables use every fixing.

Largest one-day moves since 2016

Date	From	To	Move
24 Jun 2016	0.76595	0.80750	▲ +5.42%
27 Jun 2016	0.80750	0.83400	▲ +3.28%
11 Oct 2019	0.90155	0.87518	▼ −2.92%
7 Oct 2016	0.88323	0.90353	▲ +2.30%
22 Jan 2016	0.77182	0.75459	▼ −2.23%

Moves are measured between consecutive ECB fixings, so a move after a holiday can span more than one calendar day.

Sources

European Central Bank — euro foreign exchange reference rates (series EXR.D.GBP.EUR.SP00.A, retrieved 16 Oct 2026 via the ECB Data Portal).
Method for crosses, ranges and volatility: methodology.