Get the best Euro to Pound exchange rate today in Spain

In Spain you have three places where you can purchase sterling pounds. You might be tempted to think primaril of your bank. Still, Spanish banks all charge you an exchange rate to your sterling pounds as wall as a commission of 3%. This means that, for example if you change 700 € to sterling pounds you will have to pay a 30 € commission.

alternatively, your other alternative might be the airport at the last minute. Nevertheless, this channel is the most expensive of all options because the foreign exchange suppliers located there, have to pay portion of their benefits to the airport owner.

Foreign currency suppliers located out of the airports in Spain are a very good option to order sterling pounds with euros.

Absolutely. In the same way that you acquire a very expensive mobile on Amazon, you can purchase pounds in the online store of foreign currency supplier that offers home delivery service.

Additionally, they will propose you the possibility of booking online and picking up the pounds at one of their branches. Some providers will ask you to pay in advance with a card and others will propose to pay directly at the office.

To obtain the best euro to Pound exchange rate, we suggest you do a search on Cambiator.

You will find out that a column appears in the result page that says EUR-GBP exchange today.

Next examine the number below for each currency supplier. With reference to banks, we present an average price, nevertheless acknowledge that practically all of them in Spain charge you, in addition to the rate, a commission of 2.5 to 3% on average, with a minimum of between six to ten euros.

The exchange rate you see is known as direct exchange euro to Pound and the higher that number is, the more sterling pounds you will obtain for each € you spend. Cambiator compares the exchange prices every day so that you acquire the best currency exchange every time when you buy sterling pounds.

Absolutely. If you need to block the Euro to Pound rate you see on our result page. And also if you want to make sure that the holiday money supplier won´t charge you a commission.

In Spain there are some currency suppliers with a bad reputation who charge their customers an outstanding fee when acquiring pounds GBP directly from their stores without having previously reserved on their online store.

foreign currency suppliers in Spain generally limit the maximum quantity of foreign currency to be purchased (pounds GBP, etc.) to between 3,000 and 6,000 € per calendar quarter. This is mandatory by the AML regulations. If you want to change a larger quantity of Euros to pounds GBP, we advise you to speak directly with the holiday money supplier. They might ask from you additional documentation and proof of the origins of your Euros (identity document, passport, certificate of professional activity, income statements, etc.).

Practically all banks in Spain impose on you a 3% commission, with a minimum (whichever is higher) quantity of six to ten €.

Keep in mind that the smaller the amount of Pounds to order, the higher the impact of this fixed commission on your wallet.

There isn´t a best time to purchase pounds because the euro to Pound prices vary all time depending on the strengths of the economies of the Euro countries with respect to the countries that use pounds.

It is, however, advisable to pay attention to events like Brexit, major sporting events or wars like the Ukraine one, where the price of a currency can be altered upwards or downwards with respect to the Euro.

Although we cannot estimate how the Euro to Pound prices will develop, at Cambiator we help you to acquire pounds at the best price of the day in Spain.

Generally speaking, when you change pounds at a bank store, they will already know you and you will only have to identify yourself as a client of your entity.

If you change pounds at a holiday money provider´s office, on the street or at the airport, you will need to provide a valid and current identity card (passport or resident´s identity card called DNI or NIE in Spain). Have in mind that the driver's license is not accepted as a valid identification document when changing Euros to pounds.

Upon return to Spain, you can change your leftover currency, only banknotes, never loose coins, (pounds GBP in this caseat your bank or your closest currency provider.

Look at the Pound to Euro rates firstly and make a comparison on our website to find out the most interesting place. Keep in mind that your bank will impose on you, once again, a commission near to 3% with a minimum of six to nine Euros (the greater of the two).

Currency exchange is a business like many others: there are consumers who buy currency from a retailer (the one that sells us pounds). These in turn get those pounds from a wholesale company. The gap between what they have paid for pounds and what they charge you is the profit margin they get.

However, in this currency exchange market, it may be the case that the bank or currency provider does not obtain the notes from an intermediary, but alternatively obtains it from an individual flying to to Spain with pounds.

In this case, in addition to making a profit for buying the banknotes from this individual, they impose on you another margin when they sell you the currency. Double win!