Currency Transfer Service
International Money Transfers and Euro Exchange Rates
If you need to convert UK pounds, US dollars, or other currencies into euros to transfer funds for a property purchase in France, we recommend our trusted foreign exchange partners: Currencies Direct and Xe Currency.These leading specialists in international money transfers have over fifty years of combined experience and are FCA-authorised providers. They offer secure, commission-free transfers and competitive exchange rates. Whether you’re buying property in France, making regular overseas payments to Europe, or you need to repatriate euros back home, our partners provide expert guidance to help you maximise your exchange rate and avoid fees.
Discover how we can help you with your international currency transfers efficiently and securely.
Need Foreign Currency to Buy a Property Abroad?
Are you wondering about options for securing euros for your property purchase in France? Depending on the amount and timescales involved, there are different types of options (spot contract, forward contract, limit order) for your currency requirements. International markets are, by definition, volatile, and currencies fluctuate constantly; it's not always easy to keep track of the market or know where to turn for advice.We receive daily enquiries about money transfers, primarily for euros, as well as for UK pounds, US dollars, and other foreign currencies, for property purchases, deposits, and pension payments. We are also finding that professionals and companies are becoming more savvy with their transfers, especially for overseas invoice payments.
Our Foreign Exchange Service for France
Your dedicated English-speaking account manager will work with you according to your specific schedule and keep you informed at every step. They can, for example, promptly notify the notary when your funds have been transferred to their account. You will not have to endure the frustrating automated call answering service with your bank and navigate the app on your smartphone to learn that, after all, it is not that easy to make overseas payments with a high-street bank.
Today's Exchange Rates & Daily Currency Report (1st of April 2026)
Our FX experts bring you today's updates on international markets and the euro's interbank mid-market rates. Here's a quick rundown of how global major currencies and key interest rates are performing, updated today, April 1st, at 10:35 AM London time (GMT).Pound (GBP) Steady After GDP Release
The pound (GBP) traded in a relatively narrow range yesterday but gained modestly against weaker peers following the release of the UK’s latest GDP figures. While the final estimates confirmed only marginal growth in Q4 2025, the upward revision in annual growth from 1.3% to 1.4% provided limited support to Sterling.Today’s focus will be on the UK’s final Manufacturing PMI for March. Confirmation of softer industrial output could weigh on the pound, underscoring persistent challenges within the manufacturing sector.
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Today, the UK Pound exchange rate for £1 (GBP) = €1.14657 euros / $1.32805 USD
Euro (EUR) Mixed as Inflation Undershoots Forecasts
The euro (EUR) traded without a clear direction yesterday after the Eurozone’s preliminary March Consumer Price Index (CPI) marginally undershot expectations. Headline inflation accelerated from 1.9% to 2.5%, slightly below the 2.6% consensus, leaving investors less convinced about the prospect of a European Central Bank (ECB) rate hike in April.Today, attention turns to the Eurozone’s final Manufacturing PMI reading. Any material deviation from the flash estimate could drive euro volatility, particularly if it signals a more pronounced slowdown in factory activity.
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Today, the Euro exchange rate for €1 (EUR) = 0.87215 GBP/ 1.15828 USD
US Dollar (USD) Weakens as Geopolitical Tensions Ease
The US dollar (USD) moved lower yesterday after an initial period of fluctuation, as profit-taking and improving risk sentiment reduced demand for the safe-haven currency. Remarks by US President Donald Trump, suggesting that the conflict with Iran could be resolved within “two weeks, maybe three,” helped ease geopolitical concerns and diminished appetite for the USD.The upcoming ADP Employment Change report will be a key driver for the dollar today. A subdued reading could extend USD losses, although the currency may find support later if US retail sales data for February confirm resilient consumer demand.
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Today, the US Dollar exchange rate for $1 (USD) = 0.86334 euros
Canadian Dollar (CAD) Pressured by Falling Oil Prices
The Canadian dollar (CAD) came under significant pressure yesterday following a sharp decline in crude oil prices. As a commodity-linked currency, the loonie remains highly sensitive to developments in energy markets, and the latest oil downturn has weighed heavily on its valuation.Looking ahead, markets will assess Canada’s latest Manufacturing PMI for further insight into the domestic economy. Evidence of a deeper contraction in March could intensify selling pressure on the CAD and reinforce concerns about the country’s growth outlook.
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Today, the Canadian Dollar exchange rate (CAD) = 0.62137 euros
Australian Dollar (AUD) Benefits from Improved Risk Sentiment
The Australian dollar (AUD) advanced overnight, supported by an improvement in global risk appetite following President Trump’s optimistic comments regarding a possible resolution to the conflict in Iran. As a risk-sensitive currency, the AUD drew support from reduced geopolitical tension and a broader move away from safe-haven assets.Should this positive sentiment persist, the Australian dollar could continue to appreciate. Nonetheless, investors are likely to remain vigilant amid ongoing global uncertainties and the potential for renewed market volatility.
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Today, the Australian Dollar exchange rate (AUD) = 0.59892 euros
Converting to Euros Using a Smartphone
Did you know that most modern smartphones feature currency converters in their calculators? For example, the most recent iPhones and Samsung cellphones feature a built-in currency converter in their Calculator app; however, this feature varies by model and, of course, the software version. Here's how to access them on Samsung and iPhone devices:With an iPhone
- Open your calculator
- Input the amount you wish to convert
- Click on the bottom left calculator icon
- Drag it to the right to the convert mode
- Then, choose your currency to convert
With a Samsung Device
- Open the Calculator app
- Tap the three-dot menu in the top corner
- Select "Unit Converter" (or "conversions")
- Look for "Currency"
- If prompted, update the exchange rates online
Expert Advice & EUR Rates
Our award-winning property portal was featured on the UK's This is Money website. See below a few testimonials from clients who have saved money using our currency service."I secured a fantastic rate thanks to "my-french-house" and their currency transfer service. We received excellent advice and customer service when we needed to convert our currency into euros for our property purchase in France." Andy
"We have completed the final transfer of euros for my French house purchase. We received great rates and excellent service. We're delighted that we have set up repeat monthly payments to our accounts over here." Cath H.
Money-Saving Tips for International Transfers
It's smart to plan and set up your currency trading account before embarking on your property viewing trip. Doing so will demonstrate to the vendor and the estate agent that you are motivated and organised.This step becomes increasingly critical in this market, as banks are not supplying mortgages and sellers are seeking cash buyers. Vendors are wary of buyers who need to sell before they can buy; they are looking for motivated buyers who are ready to commit.
Are you using a bank for money transfers to France or Europe? Learn how you could save with our FX service compared to your high-street bank. Our currency partners offer competitive rates and fast service, delivering a high level of customer service, commission-free.
GBP/EUR Volatility in 2026 (January–March)
In early 2026, the GBP/EUR exchange rate showed significant volatility, changing by around 6.5% since the year's beginning. It hit a high of €1.225 in late February, driven by shifts in expectations for Bank of England monetary policy and geopolitical issues. The lowest so far was €1.142 in mid-March, due to rising energy costs and political instability in the UK.To put this into perspective, these fluctuations amount to nearly £31,500 difference when buying a €500,000 property, demonstrating how currency shifts can influence large transactions.
USD/EUR Volatility in 2026 (January–March)
For American citizens and investors trading in dollars, the USD/EUR exchange rate fluctuated notably in early 2026. In January, the dollar reached a high of €0.968, driven by safe-haven demand amid rising tensions in the Middle East. By early March, it declined to €0.875, influenced by changing Federal Reserve policy outlooks and energy market instability.These fluctuations impact real-world transactions; for instance, a €500,000 deal could cost around $516,500 at the peak rate versus $571,500 at the low, resulting in a $55,000 difference solely due to currency changes.
These trends underscore the importance of timing and currency strategy for international property transactions. Stay updated with the latest exchange rate movements to optimise your financial decisions.
Negotiate a Better Deal
Having an account already set up when submitting your purchase offer can significantly increase your chances of negotiating a better deal for your dream French property.Compare and Trade Global Currencies
There may be rules and restrictions that apply based on your location, amount, and the destination of your wire transfer. At My-French-House.com, we believe you should have options to choose the service that suits your budget. Start managing your exposure with our long-standing partners at Currencies Direct, who have been awarded ‘Best Currency Broker’ in the 2024 Good Money Guide Awards.
