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The British Pound Sterling is the official currency of the United Kingdom and many other territories. The British Pounds is one of the oldest currencies in the world that still exists. The British Pound is represented by the symbol £ and by the ISO code GBP. One Pound is subdivided into 100 Pence. The Sterling Pound banknotes and coins are issued by the Bank of England. The banknotes issued ranges from £1 to £50 and coins issued ranges from 1p to 50p and £1 to £5. The British Pound Sterling has an exchange value of 80-100 Indian Rupee. Find the live rate of British Pound Sterling against the Indian Rupee here.
The United Kingdom is one of the oldest monarchs in the world and is one of the few countries that still follow such a system of administration. The British had influence in every continent of the world due to the extensive colonization implemented by the British in the past. The revenue from the colonies was the key factor that fuelled the British economy during that time. But the world wars and British colonies gaining independence dimmed the British economy. Now the economy is maintained mainly through foreign trade relations and through the petroleum industry. Similar to USD the British Pounds is also one of the most traded currency in the world. Since the Pound Sterling is the official currency in a lot of territories and countries other than Britain, the currency has a global value.
| Currency | British Pounds |
|---|---|
| ISO Code | GBP |
| Symbol | £ |
| Nick Name | Quid, Nicker, Pony |
| Sub Units | Penny ( 1 Pound= 100 Penny) |
| Denominations | |
| Notes | 1, 5, 10, 20, 50£ |
| Coins | 1, 2, 3, 4, 5, 6, 10, 20, 25, 50 p, 1, 2, 5£ |
| Valid in | United Kingdom, British Atarctic Territories, Falkland Islands, Gibraltar, Saint Helena, Ascension and Tristan de Cunha, South Georgia and the South Sandwich Islands, British Indian Ocean Territories, Guernsey, Isle of Man, Jersey |
The British Pounds is one of the most traded currencies in the Indian forex market. Hence the availability of the currency is out of the question but the exchange rate is not. ExTravelmoney.com can help you find out the best exchange rate in your region for converting Indian Rupee to GBP. Choose from the list of vendors in your region along with their exchange rate for GBP. Place the order online with the help of our customer care executive and you can even request the vendor to provide doorstep services in delivering the forex and picking up the KYC documents from you.
There is no trouble in exchanging GBP to Indian Rupee in Indian banks and exchange houses. Since there is demand for the currency, any money changer will convert GBP to INR. You can find the best exchange rate for converting GBP in your region with the help of ExTravelMoney.com. Choose from the different vendors and their exchange rates from our website and place the order. Shortly our customer care executive will contact you for confirming the order. Choose the premium facilities such as doorstep services for picking up the forex and KYC documents.
Since many Indian nationals are abroad in the United Kingdom for studies and medical treatments, there is always a need for sending money abroad to the UK. ExTravelMoney.com can help you find the vendors around your location that facilitate wire transfer. Avoid the hassle related to international money transfer with us. With the help of our customer service team place the order and make the payments online. The transaction will be completed within 3 days considering the difference in time zones and the recipient will receive the payment.
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