0.83728 GBP = 1 EUR 2026-10-23 ECB Reference rate

The European Central Bank's reference rate for October 23, 2026 was published at 0.83728 pounds sterling per euro, meaning one euro buys roughly 0.837 pounds. A single daily fixing of this kind is a benchmark rather than a policy signal, so its market significance lies in what it reveals about the EUR/GBP cross relative to prior fixings. Movements in this pair are primarily transmitted through relative interest rate expectations between the Bank of England and the ECB, cross-border capital flows into sterling and euro-denominated assets, and shifts in relative risk sentiment toward the UK and euro area. Euro-area and UK exporters, cross-border corporates hedging receivables, and sterling- and euro-denominated bond and money-market positions are the most directly exposed to changes in this cross. Traders should watch the next euro-area flash HICP inflation release and the Bank of England's rate decision calendar for signals that could move the rate differential driving this pair.

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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