Exchange Rates UK (exchangerates.org.uk) provides live exchange rates, currency comparison tools, exchange rate forecasts, and in-depth historical data, with mid-market rates for major FX pairs such as Pound to Euro and Pound to Dollar updated every minute and live forex rates refreshed every few seconds. The exchange rates on the page were updated as of 1 September 2026. All currency rates are updated every minute while markets are open; Exchangerates.org.uk believes the information to be accurate but does not warrant or guarantee its accuracy, and users are advised to verify any values before use.

Sterling's Mixed August Close

Pound Sterling ended August with a mixed performance, holding broadly flat against the Euro but losing ground against the Australian and Canadian Dollars while remaining modestly higher against the US Dollar. The divergence across Sterling's major pairs underscores how currency moves this summer have been driven less by the Pound itself than by shifting interest rate expectations at other central banks, from the Federal Reserve to the Reserve Banks of Australia and New Zealand. UK economists see the Bank of England holding Bank Rate through the end of 2027, but stronger growth and a 3.7% inflation peak leave November hike risk firmly alive — a balance that leaves Sterling particularly sensitive to incoming UK data and Bank of England commentary in the weeks ahead.

Week-Ahead Currency Outlooks

Pound New Zealand Dollar (GBP/NZD): The pairing was volatile last week, eventually sliding to a 12-week low. At the time of writing, GBP/NZD traded at NZ$2.2824, virtually unchanged. GBP/NZD could face further pressure if the Reserve Bank of New Zealand (RBNZ) raises rates, while cautious Bank of England signals may leave Sterling vulnerable.

Pound Australian Dollar (GBP/AUD): Last week the exchange rate struck its worst levels since late June amid a notably hawkish uptick in Reserve Bank of Australia (RBA) interest rate hike bets. The rate could rebound if Australian GDP stalls, although firm RBA rate hike expectations may keep the Aussie supported.

Pound Canadian Dollar (GBP/CAD): The exchange rate rallied last week as markets were spooked by a sharp escalation in trade tensions between the US and Canada. GBP/CAD could extend its recovery if the Bank of Canada turns dovish, while escalating US-Canada trade tensions remain a key risk for the Loonie.

Pound US Dollar (GBP/USD): The exchange rate faced notable selling pressure last week amid fresh bets the Federal Reserve will deliver an interest rate hike this month. GBP/USD could rebound if US payrolls show further labour market weakness, although resilient ISM data may keep Fed rate hike expectations alive.

Pound Euro (GBP/EUR): The exchange rate wavered between a one-week high and a one-week low last week amid turbulent trade. At the time of writing, GBP/EUR was trading at €1.1664, down marginally. The rate could come under pressure if Eurozone inflation accelerates and reinforces European Central Bank (ECB) rate hike bets, while Bank of England Governor Bailey may weigh on Sterling.

Site Tools and Data

The site's Currency Exchange Rates section offers live and historical exchange rates across a wide range of options, with a currency converter widget on most pages, plus a currency calculator, exchange rate calculator, and historical currency converter. Exchange rate history graphs are calculated using averages from each currency's day range. The site also publishes forecasts for the Australian Dollar, Canadian Dollar, Swiss Franc, Euro, Pound Sterling, Indian Rupee, Japanese Yen, New Zealand Dollar, US Dollar, South African Rand, and major cross pairs including Euro to Dollar, Pound to Euro, Pound to Dollar, Euro to Pound, US Dollar to Canadian Dollar, US Dollar to Yen, and Australian Dollar to US Dollar.

Recent Articles

Recent pieces from Exchange Rates UK's financial blog and forex blog include: how forex traders can diversify their investments into alternatives such as Bitcoin and cloud mining as currency volatility persists; the ERUK GBP/EUR house view with bank targets, key levels, market drivers, and next major events (last reviewed 18 of the month); a complete guide to moving to Australia from the UK in 2026 or 2027, covering visas and Australian-dollar budgeting; a ranking of the 15 best places to live in France by cost, climate, and lifestyle; an analysis of the AI boom's economics, including inference costs, competition, and relentless capex; and an examination of stablecoins versus FedNow and the future control of dollar payments.

Source: ExchangeRates.org.uk