The British pound sterling is the official currency of the United Kingdom, the British Crown dependencies of Jersey. The ISO currency code is GBP and identified by the symbol £. The pound is subdivided into 100 pence. The pound sterling is one of the world’s most widely traded currencies, along with the United States dollar, the Japanese yen, and the euro.
Exchange rates are published daily. These rates are provided for indicative purposes only.
The foreign exchange reference rates are published by the European Central Bank.
Currency Name: British Pound
Nicknames: Pound Sterling, Sterling, Quid, Nicker
Users: United Kingdom (UK), England, Northern Ireland, Scotland, Wales, Falkland Islands, Gibraltar, Guernsey, Isle of Man, Jersey, Saint Helena and Ascension, South Georgia and the South Sandwich Islands, Tristan da Cunha.
Currency Symbol/Sign: £
ISO code: GBP
Central bank: Bank of England
Subunit: 1 £=100 penny
Banknotes: £1£5, £10, £20, £50 and £100
Coins: £1, £2, 1p, 2p, 5p, 10p, 20p, 50p.
Black Market for Currency:Yes
Central Bank Rate
The current central bank interest rate is 0.50%
Exchange rates today: Tuesday 4th of August 2020
|Country||British Pound Sterling||Euro|
|1 GBP||=||1.1105 €|
|0.90053 GBP||=||1 €|
|20 GBP||=||22.2091 €|
|50 GBP||=||55.5229 €|
|100 GBP||=||111.0457 €|
|500 GBP||=||555.2286 €|
|1000 GBP||=||1110.4572 €|
The rates are set on the basis of the regular daily concertation procedure between national central banks, which normally takes place at 2.15 p.m. CET. The exchange rates are for reference only and are published daily when TARGET system is open.
Exchange rates currencies are quoted against 1 British pound sterling : August 4, 2020