British Pound overview

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.

British Pound to USD exchange rates chart

GBP to USD exchange rates chart

British Pound exchange rates table

Exchange British Pound Buy GBP Rate Sell GBP Rate
Euro 0.855 1.170
Australian Dollar 0.526 1.903
Canadian Dollar 0.584 1.713
Japanese Yen 0.007 140.772
US Dollar 0.771 1.296

British Pound news tweets

British Pound added 1 tweet
2019-11-19 01:10:03 UTC
GBP/USD Rate May Rise as AUD/USD Price Falls on Trade Woes: The British Pound may rise as GBP/USD pushes into resis…
British Pound added 1 tweet
2019-11-19 02:07:05 UTC
@FreddieBailey96 Also that was for US- missed the pound symbol. I'm not sure if British housing size trends.
British Pound added 1 tweet
2019-11-19 00:28:59 UTC
RT @JudithLeiber: Limited quantities of the #JudithLeiberxAW British Pound available in select @AlexanderWangNY global stores…
British Pound added 1 tweet
2019-11-19 00:14:14 UTC
@JeanneBartram @Hardeep_Matharu @FinancialTimes Thanks for the link British policymakers should pay attention to a…
British Pound added 1 tweet
2019-11-19 00:00:35 UTC
Just done GBPUSD forex signals - cable strategy from major providers: #forexsignals #gbpusd
British Pound added 1 tweet
2019-11-18 23:34:53 UTC
Traders focused on UK markets, lifting the British pound and the UK 100 index, as the government led opinion polls…
British Pound added 1 tweet
2019-11-18 23:30:28 UTC
RT @bpolitics: Business is looking for a "good" Brexit deal where trade continues with Europe, says Carolyn Fairbairn, director ge…
British Pound added 1 tweet
2019-11-18 23:28:49 UTC
Never thought I would be 100% invested in whether or not the British Pound will be devalued, but here I am watching…
British Pound added 1 tweet
2019-11-18 23:17:24 UTC
Honestly so proud of these two absolute clowns. How they are getting paid British Pound Sterling to present on an a…

British Pound news videos

Subscribe ► Sedgwick, chief investment officer at Frank ...
With a speedy recovery in sterling, against both the euro and the dollar, after the UK Government defeat over its Brexit ...
FT's Katie Martin explains the weak pound is mainly down to no-deal Brexit worries and sterling's two-year low against the dollar ...
The British pound steadied itself in trade on July 31, under the new leadership of Prime Minister Boris Johnson. The pound rose ...
Daragh Maher, HSBC Securities provides his bearish forecast for the British pound sterling. I think we are in for a weak 2017, says ...
In today's Technical Insights, Tamar Mehr from Trade With Precision, takes a look at some of the pound pairs. Following some ...
The British pound has rallied slightly during the trading session on Monday as traders came back to work. The Brexit headline.
It would seem that the days of the mighty dollar may no longer be so mighty. Instead, it is the British pound that is the latest flavour ...
The future of the Euro and the British Pound. Dominic Frisby comments. The Euro. Will it crash? What about Greece? If Greece the ...

British Pound news texts

British Pound currency converter

British Pound exchange rates

100 TMT to EUR
Hailsham, United Kingdom of Great Britain and Northern Ireland.
100 EUR to RUB
Moscow, Russian Federation.
40000000 IDR to GBP
Stockport, United Kingdom of Great Britain and Northern Ireland.
1 USD to BZD
Santa Monica, United States.
100 PHP to USD
Malmö, Kingdom of Sweden.
1 CAD to CLP
Toronto, Canada.
1 EUR to INR
Kirkland, United States.
100 USD to PEN
Houston, United States.
1 CAD to TRY
Brampton, Canada.
100 USD to HUF
Canoga Park, United States.
1 USD to BRL
Denver, United States.
50 MYR to EUR
Miri, Malaysia.
100000 IDR to INR
Chennai, Republic of India.
100 USD to PHP
Las Vegas, United States.
5 RUB to USD
Ahmedabad, Republic of India.
220000 ZAR to TWD
Johannesburg, Republic of South Africa.
100 AUD to IDR
Aspley, Commonwealth of Australia.