Loading...

Home pages - full list (A-Z)

GBP/INR - Rate Guide

British Pound Sterling to Indian Rupee exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

GBP/INR Exchange Rates and Providers Compared

This guide to the British Pound Sterling to Indian Rupee exchange rate with 90-day chart & alerts, historic rates, forecasts and GBP to INR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the GBP/INR Calculator.

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that it is more difficult (but not impossible) to purchase the currency before departure and may need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees. Compare Travel Cards

My Favourites

GBP/INR - 90 Day Rate Alerts

1 GBP = 88.766 INR

NO ALERTS for GBP/INR
GBP/INR over the last 90 days

View GBP/INR - Interactive Chart

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for GBP/INR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive INR(₹)Exchange RateFee GBPTotal CostDeal Links
TorFX logo
432,150 INR
Best Overall
86.4302.53%
OFX logo
432,600 INR
450 INR
86.52£0^2.43%
WorldFirst logo
441,150 INR
9,000 INR
88.2300.5%
HSBC logo
423,514 INR
8,636 INR
84.83£7.54.48%
Natwest Bank logo
421,133 INR
11,017 INR
84.48155.01%
Citibank International Money Transfers
Citibank logo
419,241 INR
12,909 INR
84.05125.44%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
419,159 INR
12,991 INR
84.08155.46%
Santander International Money Transfers
Santander logo
416,826 INR
15,324 INR
83.7205.99%
Lloyds TSB logo
415,083 INR
17,067 INR
83.35206.38%
 

TorFX logo

TorFX: Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:
Exchange Rate:86.43 (2.53% from mid-rate)
To Amount:432,150 INR
Total Cost:2.53%
Time:8:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:86.52 (2.43% from mid-rate)
To Amount:432,600 INR
Total Cost:2.43%
Difference:
450 INR more than using TorFX
Time:
Rate Fetched: Thu Sep 19 2019 08:10:33 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

WorldFirst logo

WorldFirst: Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:
Exchange Rate:88.23 (0.5% from mid-rate)
To Amount:441,150 INR
Total Cost:0.5%
Difference:
9,000 INR more than using TorFX
Time:8:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:84.83 (4.33% from mid-rate)
To Amount:423,514 INR
Total Cost:4.48%
Difference:
8,636 INR less than using TorFX
Time:8:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:15
Exchange Rate:84.48 (4.73% from mid-rate)
To Amount:421,133 INR
Total Cost:5.01%
Difference:
11,017 INR less than using TorFX
Time:8:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:12
Exchange Rate:84.05 (5.21% from mid-rate)
To Amount:419,241 INR
Total Cost:5.44%
Difference:
12,909 INR less than using TorFX
Time:8:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:15
Exchange Rate:83.44 (5.9% from mid-rate)
To Amount:419,159 INR
Total Cost:5.46%
Difference:
12,991 INR less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logo

Santander: Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:20
Exchange Rate:83.7 (5.61% from mid-rate)
To Amount:416,826 INR
Total Cost:5.99%
Difference:
15,324 INR less than using TorFX
Time:8:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logo

Lloyds TSB: Foreign Transfer GBP→INR
From Amount:5,000 GBP
Fee:20
Exchange Rate:83.35 (6% from mid-rate)
To Amount:415,083 INR
Total Cost:6.38%
Difference:
17,067 INR less than using TorFX
Time:8:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/19/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount INR(₹)Exchange RateFee GBPTotal CostDeal Links
Post Office Money Foreign Currency
Post Office Money logo
84,970 INR
Best Overall
84.9704.18%
Citibank Foreign Currency
Citibank logo
83,447 INR
1,523 INR
84.29£105.89%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
82,705 INR
2,265 INR
83.65£106.73%
Lloyds TSB logo
82,596 INR
2,374 INR
83.43£106.85%
Santander Foreign Currency
Santander logo
82,596 INR
2,374 INR
83.43£106.85%
Natwest Bank logo
82,179 INR
2,791 INR
83.43£157.32%
 

Post Office Money logo

Post Office Money: Travel Money GBP→INR
From Amount:1,000 GBP
Fee:0
Exchange Rate:84.97 (4.18% from mid-rate)
To Amount:84,970 INR
Total Cost:4.18%
Time:8:20 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Travel Money GBP→INR
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:84.29 (4.94% from mid-rate)
To Amount:83,447 INR
Total Cost:5.89%
Time:8:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→INR
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:83.43 (5.91% from mid-rate)
To Amount:82,705 INR
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logo

Lloyds TSB: Travel Money GBP→INR
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:83.43 (5.91% from mid-rate)
To Amount:82,596 INR
Total Cost:6.85%
Time:8:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logo

Santander: Travel Money GBP→INR
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:83.43 (5.91% from mid-rate)
To Amount:82,596 INR
Total Cost:6.85%
Time:8:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Travel Money GBP→INR
From Amount:1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:83.43 (5.91% from mid-rate)
To Amount:82,179 INR
Total Cost:7.32%
Time:8:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/19/2019 - See full table

GBP / INR converter & margin calculator

£GBP
₹INR
mid-rates

Compare how much you can save on GBP/INR exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

Indian Rupee

1 GBP 88.77 INR
5 GBP 443.83 INR
10 GBP 887.66 INR
20 GBP 1,775.32 INR
50 GBP 4,438.30 INR
100 GBP 8,876.60 INR
250 GBP 22,191.50 INR
500 GBP 44,383.00 INR
1,000 GBP 88,766.00 INR
2,000 GBP 177,532.00 INR
5,000 GBP 443,830.00 INR
10,000 GBP 887,660.00 INR
50,000 GBP 4,438,300.00 INR
100,000 GBP 8,876,600.00 INR
See more

British Pound Sterling

Indian Rupee

0.0113 GBP 1 INR
0.0563 GBP 5 INR
0.1127 GBP 10 INR
0.2253 GBP 20 INR
0.5633 GBP 50 INR
1.1266 GBP 100 INR
2.8165 GBP 250 INR
5.6330 GBP 500 INR
11.27 GBP 1,000 INR
22.53 GBP 2,000 INR
56.33 GBP 5,000 INR
112.66 GBP 10,000 INR
563.30 GBP 50,000 INR
1,126.60 GBP 100,000 INR
See more
Country Guides (GBP & INR)
United KingdomUnited Kingdom (GBP)IndiaIndia (INR)GuernseyGuernsey (GBP)
Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands (GBP)

GBP/INR - Historical Trends

This table shows historic rates and trends of British Pound Sterling to Indian Rupee over periods upto 10 years.

PeriodChange*GBP/INRDate
1 Day-0.9%89.660217 Sep 2019
7 Day+0.6%88.286411 Sep 2019
30 Day+2%87.038319 Aug 2019
3 Month+0.5%88.343120 Jun 2019
1 Year-7.4%95.927218 Sep 2018
5 Year-10.5%99.179619 Sep 2014
10 Year+13.1%78.518720 Sep 2009

*For period to 18-Sep 21UTC when GBP/INR was 88.8137

You can use our GBP interactive charts to check GBPINR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

GBP and INR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the GBP vs INR, you should pay attention to the recent market trends for both currencies.

 

British Pound Sterling (GBP)

Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Read more in the article GBP Forecasts.

 

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR Forecasts.

Why can't I just get the GBP/INR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the GBP / INR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

 

View all GBP Exchange Rates