0.83770 GBP = 1 EUR 2026-10-22 ECB Reference rate

The European Central Bank's euro reference rate for 22 October 2026 was set at 0.83770 pounds sterling per euro, meaning one euro buys roughly 0.838 pounds. This is a daily fixing derived from the ECB's concertation procedure with central banks across the EU, and it serves as a benchmark for official transactions and reporting rather than signalling a policy move. The level itself reflects the prevailing spot relationship between the two currencies as of that fixing, so its market significance lies mainly in what it reveals about relative interest-rate expectations and risk sentiment toward the UK and euro area. Traders in EUR/GBP are most directly exposed, along with sterling crosses and UK gilt and euro-area bond spreads, since shifts in the rate differential between the Bank of England and the ECB drive the pair. The next catalyst to watch is the scheduled euro-area and UK inflation prints and the subsequent rate-setting meetings, which will determine whether the pair's current level is sustained or repriced.

The Euro (EUR) is the currency of 20 European Union member states. Major EUR movers include ECB Governing Council decisions, Eurozone CPI prints, Bund/BTP spread events, and political risk from France, Germany and Italy.

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