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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
687,335.00 GBP
Exchange Rate
as of May 05, 2025 at 8:13 AM
1 ETH =
1,374.67 GBP
Market analysis of ETH to GBP currency exchange rates
Analysis as of April 2025
As of May 3, 2025, Ethereum (ETH) is trading at approximately £1,355.45 against the British Pound Sterling (GBP). This reflects a decrease of about 3.88% over the past 30 days. Over the past year, ETH has experienced a significant decline of approximately 42.11% against GBP.
Recent Performance
In the last week of April 2025, ETH/GBP exhibited moderate volatility. On April 27, 2025, the exchange rate was £1,354.95, marking a 0.99% decrease from the previous day. The highest rate during this period was £1,368.50 on April 26, 2025, and the lowest was £1,322.96 on April 22, 2025.
Monthly Trends
In March 2025, ETH/GBP opened at £1,731.89 and closed at £1,474.36, representing a decline of approximately 17.47% for the month. The highest value recorded was £1,830.88 on March 4, 2025, and the lowest was £1,447.90 on March 13, 2025.
Quarterly Overview
The first quarter of 2025 saw significant fluctuations in the ETH/GBP exchange rate. In January 2025, the rate reached a high of £2,931.24 on January 6, 2025. However, by March 2025, the rate had declined to a low of £1,447.90 on March 13, 2025. This downward trend indicates a substantial decrease in Ethereum's value against the British Pound during the first quarter.
Yearly Perspective
Over the past year, Ethereum has experienced a significant decline against the British Pound. On May 3, 2024, the exchange rate was approximately £2,681.61 per ETH. As of May 3, 2025, the rate stands at £1,355.45, reflecting a decrease of about 42.11%.
Factors Influencing ETH/GBP Exchange Rate
Several factors have contributed to the fluctuations in the ETH/GBP exchange rate:
Market Sentiment: Investor sentiment towards cryptocurrencies can significantly impact prices. Positive developments in the Ethereum network, such as upgrades or increased adoption, can lead to price increases, while negative news can cause declines.
Regulatory Environment: Changes in cryptocurrency regulations in the UK and globally can influence investor confidence and, consequently, the ETH/GBP exchange rate.
Macroeconomic Factors: Economic indicators, such as inflation rates, interest rates, and economic growth in the UK and globally, can affect the value of GBP and, in turn, the ETH/GBP exchange rate.
Technological Developments: Advancements or issues within the Ethereum network, such as scalability improvements or security vulnerabilities, can impact Ethereum's value.
Conclusion
The ETH/GBP exchange rate has experienced significant volatility over the past year, with a notable decline of approximately 42.11%. Investors should consider various factors, including market sentiment, regulatory changes, macroeconomic indicators, and technological developments, when evaluating the ETH/GBP exchange rate.