About GBP:
Pound Sterling is the official currency of the United Kingdom and some other British territories. British Pound is also abbreviated as GBP in the international currency exchange markets and the currency symbol is £. GBP is one of the top 5 most traded currencies in the world. Being introduced as a silver penny in the year 760, British Pound also remains one of the oldest currency of the world.
Read More to Know About British Pound
GBP to INR Forecast:
GBP to INR is a number which denotes the value of 1 GBPÂ in terms of the Indian rupees. As the currency exchange market is highly volatile in nature based on the net demand and supply conditions, the GBP to INR exchange value is never static.Â
Here is a brief description of GBP to INR currency exchange forecast for the year 2020:
With both currencies likely to be equally volatile in 2020, It is expected that Pound to INR would again trade in a wide 83.50-95.50 band. In case, there is an agreement on trade between EU and Britain gets signed before Brexit i.e. on or before 31st Dec 2020, sterling will surge higher and some pressure building up on rupee can be seen, and another possible move towards 95.35-95.50 can not be denied.Â
Click Here to Read More About GBP to INR Forecast 2020
How to convert British Pound (GBP) to Indian Rupees (INR)
Travelling to Great Britain and looking to buy/sell British Pound or convert GBP to INR online in India? Look no further now! BookMyForex is one of the best foreign exchange platforms that solve your currency exchange related woes online and that too at a minimal cost.
Travelling experts always advise that we should exchange GBP to INRÂ 3-7 days in advance of your trip as this allows you enough time to compare rates and get best deals when you convert INR to GBPÂ or convert Pound to Rupee.
In case you are not sure about the best British Pound rates, you can convert Pound to INR at a fixed rate using the Freeze Rate option provided by BookMyForex. You need to pay 2% of the order amount as a refundable rate guarantee deposit to fix the rates. This advance would be refunded to you completely immediately after the order is completed.
Difference Between BookMyForex and Other Money Changers:
Though you can convert British Pound to Indian Rupee (Pound to INR) in India via multiple sources like from your bank or other local money changers, buying foreign currency from these places can be an arduous task in terms of higher forex rate, various currency conversion charges, multiple branch visits and going through a complex documentation process.
On the other hand, a trusted online marketplace for foreign currency exchange such as BookMyForex not only saves you money by providing you better rates but also ensures a hassle-free experience.
