This is the rate that will apply when you sell British Pound currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest GBP-INR Selling rate across India. To see the most accurate rate select the city in the drop down above
This is the rate that will apply when you buy British Pound currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest GBP-INR Buying rate across India. To see the most accurate rate select the city in the drop down above
|British Pound (GBP)||Indian Rupee (INR)|
|500 GBP to INR||49619.2|
|1000 GBP to INR||99238.4|
|1500 GBP to INR||148857.6|
|2000 GBP to INR||198476.8|
|3000 GBP to INR||297715.2|
|5000 GBP to INR||496192|
|10,000 GBP to INR||992384|
|50,000 GBP to INR||4961920|
|100,000 GBP to INR||9923840|
|1 Million GBP to INR||99238400|
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.
GBP to INR is a number which denotes the value of 1 GBP 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.
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.
Click Here to Read More About GBP to INR Forecast 2020
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 INR 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 GBP 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.
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.
|GBP Interbank Rate||99.2384|
|GBP Forex Card Buy Rate||99.3584|
|GBP Currency Buy Rate||99.9346|
|GBP TC Buy Rate||N/A|
|GBP Forex Card Sell Rate||98.2516|
|GBP Currency Sell Rate||98.6496|
|GBP TC Sell Rate||N/A|
|GBP DD Remit Rate||99.6584|
|GBP TT Remit Rate||99.6584|
Though you can exchange Indian Rupees to British Pounds at the Indian airport also but that would not be an economically prudent decision. Money exchange at the airport can cost you, dear, by anywhere between 5 to 7% which turns out to be a significant amount in absolute terms.
Great Britain Pound is the full form of GBP which is the official currency of the United Kingdom and its territories.
As per the RBI guidelines, your date of travel must not be later than 60 days prior to the date of purchase of foreign exchange. This way, a person travelling abroad can not buy foreign exchange 60 days prior to the travel date. However, Airline staff travelling against the staff ticket may be exempted from the rule.
As per the RBI guidelines, any person who has gone outside of India for a temporary abroad visit can carry Indian currency (INR) up to Rs. 25,000 while coming back to India (except Nepal and Bhutan).
As per the Liberalized Remittance Scheme (LRS), a person is entitled to foreign exchange up to 2.5 lakh US dollar or equivalent in a financial year irrespective of the number of visits and the period of stay. Within the US $ 2.5 lakh limit, up to 3,000 US dollars or equivalent per visit are allowed to be carried in the form of currency notes(cash).
|Exchange Rate||At Live Rates (Dynamic)||At Fixed Rates|
|Exchange Rate Margin||Low||High|
|Online Order Facility||Yes||No|
|Rate Alert Feature||Yes||No|
Higher margin simply means a higher cost to the consumer. Instead of fixing the exchange rate, BookMyForex allows you to book your forex at live rates and passes the cost-benefit to the customer. For example, if you want to load or reload prepaid forex card to convert INR to GBP, you can do it at exact interbank rates (zero margin rates) at BookMyForex.
Also Read: To Know More About Best Forex Cards in India
If you want the best GBP to INR rates in India and don't want to pay any extra charges like added margins then the best place to convert GBP to INR online is BookMyForex.com. The currency conversion of GBP to INR attracts a margin because of a lot demand for GBP in India. But an online marketplace for currency exchange like BookMyForex charges 'Zero' when you convert GBP with us. You exchange GBP to INR with us at best rates.
We compare rates across 100s of money changers and banks around you to get you the best rates on Pound to Rupee conversion. You can use our GBP calculator on this page to find out yourself how much 1 GBP to INR is and then compare that rate with other GBP converters around you. You will find out that we have the best rates for GBP to INR conversion. Our rates are live and keep updating every few seconds.