Ви отримали нашу картку від фонду?

Ви отримали
нашу картку від фонду?

Додайте її до свого профілю, щоб стежити за отриманими коштами.

Додайте її до свого профілю, щоб стежити за отриманими коштами.

Exchange rate GBP - British pound

The British pound, also known as the pound sterling, is the official currency of the United Kingdom and its dependent territories: The United Kingdom's Antarctic Territory, Falklands, Gibraltar, Guernsey, the Isle of Man, Jersey, Saint Helena and South Georgia. One British pound divides into one hundred pence.

Currency converter is currently unavailable. We apologize for the inconvenience.
Currency exchange
Multi-currency card - your ideal partner for autumn trips

Multi-currency card - your ideal partner for autumn trips

Multi-currency card - your ideal partner for autumn trips
Currency Buy Sell Name Currency code
GBP USD 1.2077 1.2173 British pound 1 GBP

Want to exchange currency at a lower cost?

Sign up and receive a 0.005 discount code for your first transaction.

Applies to currency exchange involving PLN.

Open account and get your discount code

British pound exchange rate - chart

Convert currency at a desired exchange rate

Convert currency at a desired exchange rate

Use the currency alerts, stay up to date with the quotes and exchange the currency at the rate you want.

Exchange the currency

Last currency comments

Currency Comments - text 2 Oct 2023 13:17

LatAm currencies to shake off the recent U.S. dollar dominance

Currency Comments - text 26 Sept 2023 14:50

USD trades at YTD highs as government bonds continue to sink (Daily analysis 26.09.2023)

Currency Comments - text 21 Sept 2023 8:51

US dollar strengthens after hawkish Fed pause (Daily analysis 21.09.2023)

Currency Comments - text 14 Sept 2023 15:30

Final ECB hike fails to support the euro, EUR/USD touches multi-month lows (Daily analysis 14.09.2023)

Currency Comments - text 7 Sept 2023 16:30

The zloty tumbles as central bank shocks with a huge rate cut

Currency Comments - text 17 Aug 2023 8:58

EUR/USD drills lower as Fed signals more hikes (Daily analysis 17.08.2023)

Over 900 000 reviews

Customers rate us 4.9/5.0.*


Our transactions are executed online, eliminating the risk of handling cash.

See our standards
High-speed currency transactions

Save time with fast execution of foreign exchange transactions.

Check the execution time
Multiple payment method

Pay for your transactions with convenient payment methods.

See available methods

Attractive online offer of 27 currencies

Convert 28 of the most popular currencies online. Free of charge.

Start saving today

Forget about unfavourable rates and hidden fees. See how much you can save. Create a free account and start converting currency online.

Sign up free

The British pound

The British pound, or pound sterling, is one of the world's main and oldest currencies. Its origins date back to the 8th century AD, although it came into circulation under its proper name much later.

The British pound - where is it used?

The British pound, the GBP or sterling, is the official currency of the United Kingdom. We can also use this currency to pay in the British dependent territories such as the British Antarctic Territory, Falkland Islands, Gibraltar, Guernsey, Isle of Man, Jersey, St. Helena, South Georgia and the South Sandwich Islands. When planning a trip to one of these destinations, whether more or less exotic, it is worth checking the pound exchange rate. It should not be a problem to exchange pound sterling to local currencies in other countries, especially in Europe. The offer to buy and sell GBP is available in many exchange offices, especially at locations popular with tourists. Due to the number of people from various countries having a business relationship with the UK, exchanging pounds to euros or U.S. dollars is also very popular. This is why the GBP/USD or the GBP/EUR exchange rate is of particular interest to those coming to the country.

The history of the pound sterling

The British pound is described as the oldest currency in the world. As early as the 8th century AD, the Anglo-Saxon King Offa introduced a monetary unit made of silver called the penny, which is considered the direct ancestor of sterling. A few centuries later, King Henry II officially introduced the pound sterling, which was convertible into silver. However, the first one-pound coins appeared in 1489 and were made of gold. In 1694, the Bank of England was established to control the British currency. Shortly after that, the first banknotes began to be issued. While it is very common to refer to the British pound when describing the sterling's exchange rate (e.g. GBP/EUR), this is in fact, a colloquial name. The official name is pound sterling - it derives from the unit of mass, from where its symbol £ was derived. It is nothing but a crossed-out letter L (the cross is supposed to stand for abbreviation), originating from the Latin word libra, which means weight. A second element was also used to distinguish a monetary unit from a unit of weight - sterling. It refers to the formerly used phrase "sterling silver", which was supposed to emphasize silver quality.

The British pound - key information

The pound sterling is subdivided into 100 pence. There are 1, 2, 5, 10, 20 and 50 pence coins in circulation, as well as 1 and 2 GPB coins. 5, 10, 20 and 50 GBP banknotes are also used. In Scotland and Northern Ireland, 1- and 100-pound banknotes are also used. Their obverse currently features the image of Queen Elizabeth II. The reverse depicts figures who have distinguished themselves in British history (Winston Churchill, Jane Austen, Matthew Boulton, James Watt and others).

What determines the British pound exchange rate?

The British pound is one of the most important currencies in the world, and London is considered a global financial center. As such, the GBP exchange rate is dependent on many factors, including the British government policy, inflation, interest rates and even how analysts estimate risk in global markets. For millions of residents of the UK and their families, the most valuable information is the price of the pound to the euro or the rate of the popular currency pair GBP/EUR. Some of them try to follow the currency forecasts before arriving in their home country to exchange GBP to EUR at the most convenient time.