EUR/USD vs GBP/USD: which is stronger each month?
EUR/USD has been strongest in December (+0.86%) and weakest in May (-0.76%). GBP/USD has been strongest in April (+1.20%) and weakest in September (-0.69%). EUR/USD had the higher average in 6 of 12 months, and the two pointed the same way in 6 of 12.
Month by month
| Month | EUR/USD average | EUR/USD up years | GBP/USD average | GBP/USD up years | Stronger |
|---|---|---|---|---|---|
| January | -0.57% | 48% | +0.52% | 57% | GBP/USD |
| February | -0.25% | 39% | -0.38% | 43% | EUR/USD |
| March | +0.29% | 52% | -0.45% | 35% | EUR/USD |
| April | +0.62% | 52% | +1.20% | 78% | GBP/USD |
| May | -0.76% | 35% | -0.38% | 35% | GBP/USD |
| June | +0.15% | 48% | -0.31% | 52% | EUR/USD |
| July | +0.32% | 48% | +0.53% | 65% | GBP/USD |
| August | +0.06% | 57% | -0.58% | 39% | EUR/USD |
| September | -0.27% | 43% | -0.69% | 39% | EUR/USD |
| October | -0.28% | 55% | -0.21% | 50% | GBP/USD |
| November | -0.23% | 50% | +0.14% | 55% | GBP/USD |
| December | +0.86% | 68% | -0.37% | 45% | EUR/USD |
EUR/USD since 2004, GBP/USD since 2004, monthly close to close, as of October 16, 2026. The highlighted row is the current month. Monthly correlation over the last 16 years: 0.68.
More on each market
Questions
What is the best month for EUR/USD?
Since 2004, December has averaged +0.86% for EUR/USD, higher in 68% of 22 years.
What is the best month for GBP/USD?
Since 2004, April has averaged +1.20% for GBP/USD, higher in 78% of 23 years.
Do EUR/USD and GBP/USD move together?
Over the last 16 years their monthly moves had a correlation of 0.68, where 1 means they always move together and 0 means no link.
History describes the past. Not investment advice.
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Not investment advice. Market Seasonality publishes historical statistics, news summaries and scenario analysis for information and education. Past patterns do not guarantee future results. Nothing here is a recommendation to buy, sell or hold any asset, and scenarios describe possible paths without predicting them. See the disclaimer and methodology.