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    Bank of England GBP Exchange Rates Compared

    It's hard to predict the currency markets, but we help you save money by comparing Bank of England Sterling exchange rates and services to those offered by market leading FX providers.

    Bank of England

    The Bank of England (BoE) is the central bank of the United Kingdom. The role of central banks is to preserve the value of money by keeping inflation low and stable. They do this by controlling the interest rate at which banks can borrow.

    Interest rates, inflation, and exchange rates are all intrinsically linked. When the BoE manipulates interest rates this impacts both the inflation in the UK and also the relative value of the British pound compared to other currencies.

    Read our guide to the Relationship between Interest Rates and Currencies.


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