If you are planning a trip to the United Kingdom you can save significant amounts by using a multi-currency card or order foreign cash online for better currency exchange rates.
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Buy British Pounds
Best Exchange Rates makes it easy to compare retail FX rates from trusted, regulated currency exchange specialists to use when you Travel and Spend abroad.
British Pound Trends & Forecasts
GBP to USD at 1.0651 is 9.6% below its 90-day average 1.1781 with range 1.0649-1.2255. GBP/USD Rates
GBPUSD is down over 20 percent this year and hit an all-time low (since decimalisation in 1971) in late September of 1.03 (1 USD = 0.97 GBP) — reacting to the controversial tax-cutting policies from the new chancellor.
The Bank of England has joined the global fight against inflation, but has raised rates by less than the US Federal Reserve.
So it seems the BoE’s gloomy economic forecasts has increased pressure on Sterling.
GBP to EUR at 1.1152 is 4.5% below its 90-day average 1.1679 with range 1.1114-1.1966. GBP/EUR Rates
Mid-year the GBP/EUR rate is well down to around to the 1.15-16 levels, well down from the recent high of 1.21 in March.
This is some achievement given the Euro has been under heavy pressure itself from impact on gas prices by the the war in Ukraine.
The BoE’s (UK central bank) gloomy economic forecasts has also increased pressure on Sterling.
GBP to AUD at 1.6678 is 3.1% below its 90-day average 1.7219 with range 1.6543-1.7764. GBP/AUD Rates
In the first quarter the GBP/AUD exchange rate dropped on the impact of the Ukraine situation on commodity prices — this was good for AUD and bad for GBP.
Since then the pound-aussie rate has fluctuated around the 1.76 level (1 AUD = 0.56 GBP), but as we move through 2022 the prospect of more Australian interest rate rises sooner than expected could boost the Aussie dollar vs Sterling.
GBP to INR at 87.18 is 7.2% below its 90-day average 93.92 with range 87.16-97.19. GBP/INR Rates
The Ukrainian crisis and its risks for European energy supplies have pushed the Pound down against the Rupee.
GBP/INR started dropping in February and by mid-year the pound to rupee exchange rate has settled around the 95 mark, well down from its highs around 104 in April last year.
Travel, Currency and Money saving tips for the United Kingdom