Buy, Sell Or Transfer British Pound (GBP) At The Best Rates In India
BookMyForex Compares forex rates across hundreds of banks and forex companies in your area and helps you discover the best rate for your forex requirement
Live British Pound Exchange Rates
| GBP Interbank Rate | ₹86.7303 |
| GBP Buying Rate | ₹86.8374 |
| GBP Selling Rate | ₹86.2907 |
| GBP Remittance Rate | ₹86.9574 |
The British Pound or Pound sterling is the official currency of the United Kingdom (also called as the UK and Great Britain). The currency code for British Pound is GBP and the symbol is £. Because of the close proximity to the European Area, the most popular GBP exchange is with Euro. It is the most valuable currency in Europe. Currency notes of GBP are available in the following denominations 1, 5, 10, 20, 50, 100. However, the £1 and £100 notes are rarely found in circulation. The currency British Pound prepaid forex cards, however, can be loaded with an odd amount as well. Travellers proceeding to England/UK should purchase British Pounds.
You can purchase GBP in India in the form of currency notes, traveller's cheques and forex cards from BookMyForex.com. You can send money to UK from India by either purchasing GBP demand drafts or by doing a GBP wire transfer.
Currency Facts
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GBP Stats |
GBP Profile |
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Name: British Pound |
Central Bank: Bank of England |
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Symbol: £ cent: p |
Coins: Freq Used: £1, £2, 1p, 2p, 5p, 10p, 20p, 50p Rarely Used: |
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Minor Unit: 1/100 = penny |
Banknotes: Freq Used: £5, £10, £20, £50 Rarely Used: £100 |
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Top AUD Conversion: GBP/EUR |
Users: United Kingdom (UK), England, Northern Ireland, Scotland, Wales, Falkland Islands, Gibraltar, Guernsey, Isle of Man, Jersey, Saint Helena and Ascension, South Georgia and the South Sandwich Islands, Tristan da Cunha |
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Nicknames: Pound Sterling, Sterling, Quid, Nicker |
History of British Pound
The British Pound is the oldest currency still in use today, as well as one of the most commonly converted currencies. The Pound Sterling was first introduced in the year 760 as the silver penny, which spread across the Anglo-Saxon kingdoms. The design of the coin was changed in 1158. And instead of using pure silver the new coins were made from 92.5% silver and came to be known as the Sterling Pound. The use of these Silver pennies continued till 1487 when the shilling was introduced and the pound came into existence two years later, in 1489. The first paper notes were introduced in 1694, with their legal basis being switched from silver to gold. The Bank of England, one of the first central banks in the world, was established a year later, in 1695. All Sterling notes were handwritten until 1855 when the bank began to print whole notes.
How Can I Convert GBP to INR Online in India?
You can convert GBP to INR online in India by following the below few steps:
Step 1: Search on Google for best GBP Rates near me.
Step 2: Check through the results and compare British Pound to Rupee exchange rates and go with the one that offers the best exchange rates.
Step 3: You will eventually reach BookMyForex.com where you get the best GBP to INR exchange rates as well as the best exchange rates for other currencies.
Step 4: Either call on the number given on top right corner of this page or use our interactive form to fill your details and we will call you back to help you convert GBP to INR online.
Where can I get the Best GBP to INR Rates in India?
You will get the best GBP to INR rates in India with BookMyForex.com. We compare GBP to INR rate quotes across 100s of banks and money changers near or around you to get you the best exchange rates. Our rates fluctuate constantly and are live up to 3 seconds. Currency exchange rates are not stagnant which banks and local money exchangers make you believe but they fluctuate like the share prices in the stock market based on supply and demand. Our infrastructure and latest technology display the live exchange rates which helps you to get the best GBP rates that no one else in the market has. You can also lock in the exchange rate which you like for a period of 3 days so as to save yourself from further fluctuations. You can also set a rate alert which will keep you notifying of the rate changes. The best part is that we have tie-ups with more than 5000+ partners in more than 650 cities across India which means you don't have to worry about travelling too far to exchange your British Pounds to Rupees.
Stop Paying For Foreign Exchange in India
Banks, money changers and other online changers charge a premium or hidden fees when you exchange currency from them. This fee is in addition to the services taxes stipulated by the government. However, with BookMyForex.com, you don't have to pay anything to exchange currency, just the government taxes. We are the first foreign exchange company that lets you exchange foreign currency at Zero Margin*. You also get the same rates that you see on business news channels or search engines.
