Uk pound rate today

Pound Sterling (GBP) was largely unchanged against the Euro (EUR) and US Dollar (USD) on Wednesday after a month-on-month GDP increase of 0.2% in April was observed, matching consensus yet not fully reversing the decline seen in March. Post-GDP Analysis highlights the impact of strike activity and rising borrowing costs, with some sectors, such as construction, seeing a notable downturn. In contrast, consumer-facing sectors experienced a robust recovery. "April's GDP data showed a 0.2% increase month-to-month, in line with consensus forecasts. However, this did not fully offset March's 0.3% drop," says Samuel Tombs, Chief U.K. Economist at Pantheon Macroeconomics. The analyst highlights a broadly flat trend in the GDP despite improvements in certain business activity indicators. "The discrepancy can be partly attributed to the construction sector's exclusion from many surveys, such as the composite PMI," he adds. Strike Activity and Borrowing Costs Impact Tombs identifies ongoing public sector strikes and the repercussions of higher borrowing costs as significant influences on the GDP. "Construction output decreased by 0.6% month-to-month in April. This was driven by a 1.0% fall in new work as the effect of higher borrowing costs reverberated through new housing demand," says Tombs. Meanwhile, Rhys Herbert, UK economist at Lloyds Bank, notes the service output's 0.3% increase, despite ongoing strikes. "The 0.2% monthly rise in April's GDP data was primarily due to a 0.3% u...

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GBP - British Pound The British Pound is the currency of United Kingdom. Our currency rankings show that the most popular British Pound exchange rate is the GBP to USD rate. The currency code for Pounds is GBP, and the currency symbol is £. Below, you'll find British Pound rates and a currency converter. Select a currency The United Kingdom's central bank is the Bank of England. As the fourth most traded currency, the British Pound is the third most held reserve currency in the world. Common names for the British Pound include the Pound Sterling, Sterling, Quid, Cable, and Nicker. Importance of the British Pound The British Pound is the oldest currency still in use today, as well as one of the most commonly converted currencies. The Early Currency in Britain With its origins dating back to the year 760, the Pound Sterling was first introduced as the silver penny, which spread across the Anglo-Saxon kingdoms. In 1158, the design was changed and rather than pure silver the new coins were struck from 92.5% silver and became to be known as the Sterling Pound. Silver pennies were the sole coinage used in England until the shilling was introduced in 1487 and the pound, two years later, in 1489. British Pound Notes and the Gold Standard The first paper notes were introduced in 1694, with their legal basis being switched from silver to gold. The Bank of England, one of the first central banks in the world, was established a year later, in 1695. All Sterling notes were handwritten ...

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Today's British Pound exchange rate is displayed below against our top 40 worldwide currencies. The British Pound exchange rate was last updated today Fri 16th June at 00:26. The ISO code for the British Pound is GBP and is used in 4 worldwide countries. To compare British Pound currency exchange rates, please see the live currency rates table below. British Pound Exchange Rates Currency Exchange Rates 1 GBP in GBP GBP AED 4.69691 0.21291 GBP AUD 1.85764 0.53832 GBP BGN 2.28551 0.43754 GBP BRL 6.15218 0.16254 GBP CAD 1.6902 0.59164 GBP CHF 1.13979 0.87735 GBP DKK 8.70339 0.1149 GBP EGP 39.52298 0.0253 GBP EUR 1.16791 0.85623 GBP HKD 10.00322 0.09997 GBP HUF 436.3526 0.00229 GBP IDR 19055.97 5.0E-5 GBP ILS 4.54558 0.21999 GBP INR 104.7501 0.00955 GBP IQD 1674.899 0.0006 GBP IRR 54038.89 2.0E-5 GBP ISK 174.3771 0.00573 GBP JPY 179.2443 0.00558 GBP KES 178.9041 0.00559 GBP KRW 1621.812 0.00062 GBP LKR 392.8760 0.00255 GBP MAD 12.88148 0.07763 GBP MUR 58.24935 0.01717 GBP MXN 21.9094 0.04564 GBP MYR 5.91573 0.16904 GBP NOK 13.42748 0.07447 GBP NZD 2.05039 0.48771 GBP PHP 71.34554 0.01402 GBP QAR 4.65547 0.2148 GBP RUB 106.7445 0.00937 GBP SAR 4.79556 0.20853 GBP SEK 13.55869 0.07375 GBP SGD 1.7086 0.58527 GBP THB 44.2337 0.02261 GBP TRY 30.26255 0.03304 GBP TWD 39.24062 0.02548 GBP USD 1.2788 0.78198 GBP ZAR 23.31451 0.04289 Which countries use the British Pound? The following countries use the currency code GBP today: Guernsey, Isle of man, Jersey, United kingdom, British Pou...