British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

Kuwaiti Dinar

Kuwaiti Dinar

The Kuwaiti dinar (Arabic: دينار‎, code: KWD) is the currency of Kuwait. It is sub-divided into 1,000 fils. The Kuwaiti dinar is the world's highest-valued currency unit.

2 British Pound to Kuwaiti Dinar exchange rates chart

2 GBP to KWD exchange rates graph
2 GBP to KWD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 GBP to KWD exchange rates table

Exchange GBP to KWD
2 British Pound = 0.786 Kuwaiti Dinar
4 British Pound = 1.573 Kuwaiti Dinar
10 British Pound = 3.932 Kuwaiti Dinar
20 British Pound = 7.864 Kuwaiti Dinar
Exchange British Pound to Kuwaiti Dinar
2 British Pound to Kuwaiti Dinar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best GBP/KWD rate at KBE in Kuwait City

2 GBP to KWD exchange rates at KBE in Kuwait City
2 British Pound = 0.769 Kuwaiti Dinar
KBE
KBE

Kuwait Bahrain International Exchange Company - Kuwaiti Public Shareholding Company - was formed on April 2, 1980. The Company was listed at Kuwait Stock Exchange on June 19,2006. Company was supported by one of the world’s premiere Bank till 1993 with their dedicated banking professionals. In year 2000 on introduction of Western Union money transfer in Kuwait we started growing further and our participation in the remittances market made us renowned Exchange house in GCC. We won the 1st...

Best GBP/KWD rate at NBK in Kuwait City

2 GBP to KWD exchange rates at NBK in Kuwait City
2 British Pound = 0.772 Kuwaiti Dinar
NBK
NBK

The foundation of National Bank of Kuwait started in 1952 when a prominent Kuwaiti merchant[who?] went to the British Bank of the Middle East to open a letter of guarantee for the amount of 10,000 Indian rupees, (which is equivalent today to 50 KD). Much to his surprise, his request was rejected, unless he provided a guarantor. This well-known merchant was shocked and appalled by the treatment that he had received, and news of this was all over town. This incident gave rise to the question...

2 GBP to KWD exchange rates news

Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

11 days indicative negative
USD up; Euro, Pound down

Uniindia: Mumbai, Dec 17 (UNI) Following were the indicative currency rates<br />and travellers'' cheques buying and selling rates per <br />unit.

about 1 month indicative neutral
Pound up, Euro, Yen, USD down

Uniindia: Mumbai, Nov 23 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

about 1 month indicative neutral
Major currencies down

Uniindia: Mumbai, Dec 1 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

about 1 month indicative neutral

2 GBP to KWD currency converter