Pound at €1.1988 after small weekly fall

The pound was worth €1.1988 at the European Central Bank reference rate for Friday 6 November. That was 0.05 euro cents less than a week earlier.

A week earlier, one pound bought €1.1993. A year earlier it bought €1.1355, which puts the current rate 6.33 euro cents higher.

What it means for a UK pension

At the reference rate, a £1,000 monthly UK pension is worth €1,198.80. The same sum was worth €1,135.50 a year earlier. The gap is €63.30 a month.

The pound has ranged from €1.1305 to €1.1996 over the past year. It reached the low on 14 November 2025 and the high on 3 November.

Its average over the last 30 trading days is €1.1866. Friday's rate is above that level.

The figures use the European Central Bank reference rate. Banks and money transfer firms set their own rates and fees. The cash received can therefore differ from the sums shown here.

Source: European Central Bank.