Post Office Exchange Rate: Current EUR/GBP & Comparison
Anyone who’s checked the exchange rate before a trip knows the feeling: when the numbers don’t match expectations. The Post Office’s 0% commission sounds free, but the real cost lies in the markup built into the rate itself, so this article breaks down the Post Office’s actual pricing against banks and specialists.
Current Post Office EUR/GBP rate: €1 = £0.83 (as of 16 Jun 2026) (An Post rate notice) ·
Commission: 0% on all foreign exchange cash transactions ·
Currencies available: 80+ ·
Order online: Yes, with home delivery or branch pickup ·
Typical markup vs mid-market: Around 4-5% depending on currency
Quick snapshot
- Post Office charges 0% commission on foreign cash exchange (Post Office Travel Money)
- Rates are set and updated daily by each Post Office entity (Post Office Travel Money)
- Online ordering with home delivery or branch pickup is available (Post Office Travel Money)
- Whether the Post Office rate is always better than a bank’s rate for every transaction
- The exact midpoint between buy and sell rates (the spread) is not always displayed
- Future rate movements cannot be predicted
- Post Office updates its exchange rates daily, typically in the morning (Good Money Guide)
- Rates are tiered by spend band and change with markets (Post Office Travel Money)
- New Post Office currency cards may replace cash for frequent travellers
- Specialist online platforms like Wise and Revolut continue to pressure traditional rates
- Regulatory changes could force more transparent fee disclosure
The Post Office’s 0% commission sounds free, but the rate itself includes a built-in margin. For a £500 euro order, that margin can easily be £20-£25 — money that could buy you lunch in Paris.
Key facts about Post Office euro exchange rates:
| Current EUR/GBP rate | €1 = £0.83 (subject to change) (An Post) |
| Commission | 0% on cash transactions |
| Currencies offered | 80+ |
| Delivery options | Home delivery (next day) or branch collection |
| Online order minimum | £400 for delivery, £100 for branch |
| Buy-back policy | Excess cash can be exchanged at current rates, subject to limits |
What Is the Post Office Euro Rate Today?
Current EUR/GBP rate
- On 15 June 2026, the Post Office’s euro online rates were: 1.1087 for spend £100+, 1.1324 for spend £500+, and 1.1369 for spend £1,000+ (Post Office Travel Money).
- For Irish travellers, An Post (Ireland’s national post office) showed an example rate of €1.00 = £0.83, updated 16 June 2026 at 8:20 (An Post foreign currency calculator).
How to check live rates
- Visit the official Post Office Travel Money website and select your currency and spend amount. The rate will update in real time (Post Office Travel Money).
- You can also use comparison sites like MoneySuperMarket or money.co.uk to see how the Post Office stacks up against competitors.
Historical rate context
Post Office rates are set daily based on wholesale market conditions and the amount ordered (Good Money Guide). In early 2025, rates were closer to €1.15 per pound; the decline to around €1.10-€1.13 reflects a stronger pound against the euro. The pattern: larger orders consistently get better rates because the margin is smaller (Good Money Guide).
The implication: If you’re buying euros and can wait, ordering a larger amount in a single transaction almost always saves you money — the rate tiers are designed to reward bigger spenders.
The pattern confirms that bundling larger orders reduces the effective margin.
Does the Post Office Give a Good Exchange Rate?
Upsides
- 0% commission — no flat fee eats into your cash (Post Office Travel Money)
- Rates are transparent: the Post Office shows the difference from the interbank rate (Good Money Guide)
- Widely available: 12,500+ UK branches and online ordering (Post Office Travel Money)
- Convenience of next-day home delivery or branch collection
Downsides
- Margins of 4-5% above mid-market are typical — comparable to bank counter rates (NerdWallet)
- Not ideal for large transfers: specialist online services often beat the Post Office for amounts over £5,000 (Wise)
- The Travel Money Card charges a 1.5% loading fee and a 3% cross-border fee for unsupported currencies (Post Office Travel Money)
Good Money Guide reports that Post Office euro cash rates for larger orders are typically around €1.09–€1.12 per pound (Good Money Guide). That’s competitive for walk-in cash, but for a £750 purchase, money.co.uk listed the Post Office rate as 1.1343, yielding 850.73 EUR (money.co.uk).
The trade-off: Convenience and no commission make the Post Office a solid choice for small to medium cash amounts (up to £1,000). For larger sums or digital transfers, specialists like Wise or Revolut can cut the margin to under 1%.
Post Office vs Bank: Which Offers Better Exchange Rates?
Four providers, one pattern: Post Office and high-street banks cluster together on cost, while specialist online services pull away.
| Provider | Rate for £500 (EUR) | Fee structure | Best for |
|---|---|---|---|
| Post Office (cash) | 1.1324 → 566.20 EUR | 0% commission, 4-5% margin in rate | Small cash amounts, convenience |
| High-street bank (counter) | ~1.10-1.12 (est.) | Often 1-2% commission + margin | Existing customers, but often worst rate |
| Specialist online (Wise) | Mid-market ~1.16 (less 0.5% fee) | Transparent % fee, near mid-market | Large transfers, digital spending |
NerdWallet says banks and credit unions are generally the best places to exchange currency for reasonable rates and lowest fees — but that’s for ATM withdrawals abroad, not counter exchange (NerdWallet). For counter service, Post Office typically beats bank branches on rate transparency and commission.
The pattern: For cash under £1,000, the Post Office is usually better than a bank counter. For anything above, or for electronic money, specialists win. The gap is widest when you factor in the bank’s often hidden commission.
How to Exchange Currency at the Post Office
Ordering online for home delivery
- Visit Post Office Travel Money, select your currency and amount. Minimum order is £400 for home delivery.
- Payment by debit card (no fee) or credit card (may incur cash advance fee).
- Delivery is next working day — plan ahead.
Collecting at a branch
- Order online with a minimum of £100 and choose branch collection.
- Pick up at any of 12,500+ Post Office branches across the UK.
- You can also walk in, but online ordering locks in a better rate.
Using a prepaid currency card
- The Post Office Travel Money Card is a prepaid Mastercard loaded with pounds. It uses the European Central Bank reference rate for spending (Good Money Guide).
- Loading fee: 1.5%. Cross-border fee: 3% if currency not supported.
- Dormancy fee: £2 per month if balance remains 12 months after expiry (Post Office Travel Money).
The currency card’s 1.5% loading fee plus the built-in margin means you’re paying around 5-6% above the real rate. For a two-week trip spending £1,000, that’s £50-60 — enough for a good dinner. If you only use cash, the card’s fees don’t apply, but you lose the security of a card.
The catch: The convenience of home delivery and branch collection is unmatched, but the card fees erode the savings. Stick to cash for the best overall deal from the Post Office.
Where to Exchange Currency Without Paying Huge Fees
Comparing fee structures
- Always look at the total cost: rate + any commission + delivery fees. MoneySuperMarket says its travel money comparison includes all charges (MoneySuperMarket).
- Use a comparison tool like money.co.uk to see live rates from multiple providers simultaneously.
Avoiding dynamic currency conversion
- When paying by card abroad, always choose to be charged in the local currency — not pounds. Dynamic conversion adds a 3-6% markup on top of the card network’s rate.
Using specialist online platforms
- Wise and Revolut offer mid-market rates with transparent fees of 0.5-1% (Wise).
- For large international money transfers (over £5,000), these platforms can save you hundreds compared to the Post Office.
- NerdWallet recommends checking your bank’s ATM withdrawal fees — often around 1-3% — before exchanging cash at a counter (NerdWallet).
What this means: The cheapest way to get euros is a combination: use a specialist card (Wise, Revolut, or a fee-free credit card) for everyday spending abroad, and buy a small amount of Post Office cash for tips and small vendors. That way you avoid both the Post Office’s margin and the card’s loading fee.
The choice ultimately depends on transaction size: small cash amounts favour the Post Office, larger ones favour specialists.
For travellers looking to understand how the service compares, a deeper dive into the Post Office exchange rate details reveals the latest euros and dollars rates available across branches.
Frequently asked questions
Can I order foreign currency online from the Post Office?
Yes, you can order online at postoffice.co.uk/travel-money and choose home delivery (next day) or branch collection. Minimum online order is £400 for delivery, £100 for branch.
What currencies does the Post Office offer?
The Post Office offers over 80 currencies, including euros, US dollars, Australian dollars, and many emerging-market currencies.
Is there a minimum order amount for currency exchange?
Yes, £400 minimum for home delivery, £100 for branch collection. Walk-in purchases at a branch have no minimum but the rate may be lower.
Does the Post Office buy back unused foreign currency?
Yes, you can exchange leftover cash back to pounds at current rates. Limits may apply; check with your local branch.
How long does delivery take for online orders?
Orders placed before a cutoff time (usually 2-3 PM) are delivered the next working day. Weekend orders arrive Monday or Tuesday.
Are Post Office exchange rates available online in real time?
Yes, the website displays live rates for each currency and spend amount. The rate is locked when you complete the order.
Can I use a Post Office currency card abroad?
Yes, the Post Office Travel Money Card is a prepaid Mastercard that works in millions of locations. It uses ECB reference rates but has a 1.5% loading fee and a 3% cross-border fee for unsupported currencies.
Does the Post Office charge any fees for exchanging currency?
No commission on cash transactions, but the exchange rate includes a markup (typically 4-5% above the mid-market rate). The travel card has additional fees as noted.
“€1.00 = £0.83 Last updated 16 Jun 2026 at 8:20” — An Post (Irish Post Office) rate notice
“Order foreign currency online and collect from a Post Office bureau de change near you or choose next day home delivery. 80 currencies available.” — Post Office UK website
For the traveller planning a summer trip to Europe, the choice is clear: use Post Office cash for pocket money up to £500, then rely on Wise or Revolut for everything else. The 0% commission is a red herring — what matters is the total cost, and on that metric, the Post Office holds up for its core use case but fails to compete for digital or large-value transactions.
Related reading: 800 Pounds in Euros: Current Exchange Rate & Conversion Guide · 30 Pounds in Euro: Live GBP to EUR Converter & Rate
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