GBP to BTC interbank exchange rate = 0.00016
This calculator converts amounts at the latest BTC/GBP mid-rate or enter a rate to check the exchange rate you are being offered or already charged.
GBP / BTC converter & margin calculator
British Pound Sterling |
Bitcoin |
|---|---|
| 10 GBP | 0.0016 BTC |
| 100 GBP | 0.0160 BTC |
| 1,000 GBP | 0.1600 BTC |
| 2,000 GBP | 0.3200 BTC |
| 10,000 GBP | 1.6000 BTC |
| See more | |
British Pound Sterling |
Bitcoin |
|---|---|
| 62,685.87 GBP | 10 BTC |
| 626,858.73 GBP | 100 BTC |
| 6,268,587.30 GBP | 1,000 BTC |
| 12,537,174.60 GBP | 2,000 BTC |
| 62,685,873.00 GBP | 10,000 BTC |
| See more | |
GBP/BTC - Historical Trends
This table shows historic rates and trends of British Pound Sterling to Bitcoin over periods upto 10 years.
| Period | Change* | GBP/BTC | Date |
|---|---|---|---|
| 1 Day | +9.88% | 0.000162 | 16 May 2019 |
| 1 Week | -12.75% | 0.000204 | 10 May 2019 |
| 1 Month | -28.51% | 0.000249 | 17 Apr 2019 |
| 6 Months | -22.61% | 0.000230 | 18 Nov 2018 |
| 1 Year | +6.59% | 0.000167 | 17 May 2018 |
| 5 Years | -95.3% | 0.003789 | 18 May 2014 |
*For period to 17-May 21UTC when GBP/BTC was 0.000178
You can use our GBP interactive charts to check GBPBTC historic trends.
Outlook and forecasts for GBP and BTC
Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.
So it follows that if you are determining the best time to transact, in this case the GBP vs BTC, you should pay attention to the forecasts and trends for both British Pound Sterling and Bitcoin:
British Pound Sterling (GBP) outlook
Nine straight days of losses against the euro in May took the pound to a 3-month low of €1.143, and similar losses against the US dollar meant quotes in the low $1.28s — also a 3-month low.
Sterling weakness has returned following a breakdown in the UK of cross-party Brexit talks, which has brought “no deal” back to life.
It seems nothing much has changed: PM Theresa May has announced that she will ask the House of Commons to vote again on her withdrawal deal in early June (the deal has already been rejected three times).
A fourth defeat for May’s plan is widely expected and would make no-deal much realer, with little time to organize any alternative before the October-31 exit date (unlikely to be extended). It remains possible, however, that Brexit is cancelled entirely.
Read the full article British Pound Sterling Forecasts.
Bitcoin (BTC) outlook
Sentiment towards cryptocurrencies has really picked up in 2019, and by recent standards bitcoin is thriving. On May-7, bitcoin was on course to post its eleventh weekly gain from the past fourteen weeks, and at $6,325, it was at its highest level since November. Daily trading ranges, though, are still much lower than investors became used to in parts of 2017 and 2018, but that is arguably a good thing.
In April, promising DataLight research highlighted real-world use for bitcoin: at $3.4 trillion, bitcoin’s total volume for payments in 2018 nearly caught up with Mastercard ($5.9 trillion) and dwarfed PayPal ($578 billion), and it was especially popular as a vehicle for transferring large sums.
Though the upscaling problem must first be solved, DataLight believes bitcoin is “almost certain [to become] the world’s main payment system,” and this justifies much higher bitcoin prices. It forecasts new all-time highs above $20,000.
US-based Galaxy Digital wrote in May that it couldn’t see $10,000 this year, but we might get to that level in the first or second quarters of 2020.
Why can't I just get the GBP/BTC market rate I see online or in the media?
The GBP/BTC mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the GBP / BTC was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
We help you Compare & Save Money on Exchange Rates.
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