British Pound Sterling to Indian Rupee ( GBP to INR ) Exchange Rate

British Pound Sterling to Indian Rupee (GBP to INR) Exchange Rate 24 May 2022

1 POUND = 97.39 INR

Currency Exchange Rate (POUND to INR) - Last 10 Days

Date 1 POUND to INR
22 May 202297.18
21 May 202297.24
20 May 202296.48
19 May 202296.19
18 May 202296.62
17 May 202295.94
16 May 202295.09
15 May 202295.93
14 May 202296.01
13 May 202295.49

*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

POUND to INR

Pound Sterling also known as the pound or sterling is the official currency of multiple countries like the United Kingdom, Guernsey, Jersey, the Isle of Man, South Georgia and the South Sandwich Islands Gibraltar, Tristan da Cunha, and the British Antarctic Territory. A Pound is subdivided into 100 pence. It is the oldest currency in the world which is still in use.

The Pound is the fourth most traded currency in the foreign exchange market. The currency along with the US dollar, the Euro, the Japanese Yen and the Chinese Yuan forms the basket of currencies which calculate the value of IMF special drawing rights.

When it comes to modern currency regarding the Pound Sterling, it started after Bank of England and Bank of Scotland were founded in 1964 and 1965 respectively.

The value of a country’s currency is linked with its economic conditions and policies. Various factors come into the equation such as imports and exports, trade deficit, macroeconomic policies etc. when it comes to determining the value of a currency.

FAQs

  1. Is the GBP to Indian rupee exchange rate static?
  2. No, the GBP to Indian rupee exchange rate is never static as it changes as per demand and supply in global markets.

  3. From where can I exchange GBP to INR or vice versa?
  4. You can exchange GBP to INR at your bank.

  5. Can GBP to INR be exchanged online?
  6. Yes, you can exchange GBP to INR online through regulated and recognized forex platforms.

  7. In which countries is the GBP the official currency?
  8. The GBP is the official currency in United Kingdom, Guernsey, Jersey, the Isle of Man, and the British Antarctic Territory.

  9. What factors impact the value of the GBP?
  10. Some of the factors that determine the value of the GBP are policies and economic conditions.

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