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 2022||97.18|
|21 May 2022||97.24|
|20 May 2022||96.48|
|19 May 2022||96.19|
|18 May 2022||96.62|
|17 May 2022||95.94|
|16 May 2022||95.09|
|15 May 2022||95.93|
|14 May 2022||96.01|
|13 May 2022||95.49|
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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.
- Is the GBP to Indian rupee exchange rate static?
- From where can I exchange GBP to INR or vice versa?
- Can GBP to INR be exchanged online?
- In which countries is the GBP the official currency?
- What factors impact the value of the GBP?
No, the GBP to Indian rupee exchange rate is never static as it changes as per demand and supply in global markets.
You can exchange GBP to INR at your bank.
Yes, you can exchange GBP to INR online through regulated and recognized forex platforms.
The GBP is the official currency in United Kingdom, Guernsey, Jersey, the Isle of Man, and the British Antarctic Territory.
Some of the factors that determine the value of the GBP are policies and economic conditions.