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GBP to 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 update & alerts

1 GBP = 93.66 INR

Sell GBP - Buy INR  Invert

GBP to INR - Trading Range (90 Day)
90-DAY HIGH (1d)
90-DAY TREND: At 93.69 GBP/INR is trading 3.8% above the average 90.26 with a range 86.66 to 93.74. There are no current alerts.
Update: 06-Dec 16:01-EST 21:01-GMT 08:01-AEDT(+1D)

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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. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our GBP/INR Quick 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

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.

 
  

GBP to INR International Money Transfers

  

Foreign Transfer ProvidersReceive INR(₹)Exchange RateFee GBPTotal CostDeal Links
WorldFirst logo
465,950
Best Overall
93.1900.5%
TorFX logo
454,950
₹11,000 less
90.9902.85%
OFX logo
455,400
₹10,550 less
91.08£0^2.75%
HSBC logo
445,830
₹20,120 less
89.3£7.54.79%
Natwest Bank logo
443,316
₹22,634 less
88.93155.33%
Citibank International Money Transfers
Citibank logo
441,338
₹24,612 less
88.48125.75%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
441,253
₹24,697 less
88.51155.77%
Santander International Money Transfers
Santander logo
438,788
₹27,162 less
88.11206.3%
Lloyds TSB logo
436,995
₹28,955 less
87.75206.68%
 

WorldFirst logo

WorldFirst: Foreign Transfer GBP→INR
From Amount (GBP)£5,000
Fee:
Exchange Rate:93.19 (0.5% from mid-rate)
To Amount (INR)465,950
Total Cost:0.5%
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

TorFX logo

TorFX: Foreign Transfer GBP→INR
From Amount (GBP)£5,000
Fee:
Exchange Rate:90.99 (2.85% from mid-rate)
To Amount (INR)454,950
Total Cost:2.85%
Difference:
₹11,000 INR less than using WorldFirst
Time:6:02 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 (GBP)£5,000
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:91.08 (2.75% from mid-rate)
To Amount (INR)455,400
Total Cost:2.75%
Difference:
₹10,550 INR less than using WorldFirst
Time:
Rate Fetched: Sat Dec 07 2019 05:07:55 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer GBP→INR
From Amount (GBP)£5,000
Fee:£7.5 GBP (.15%)
Exchange Rate:89.3 (4.65% from mid-rate)
To Amount (INR)445,830
Total Cost:4.79%
Difference:
₹20,120 INR less than using WorldFirst
Time:6:02 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 (GBP)£5,000
Fee:15
Exchange Rate:88.93 (5.05% from mid-rate)
To Amount (INR)443,316
Total Cost:5.33%
Difference:
₹22,634 INR less than using WorldFirst
Time:6:02 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 (GBP)£5,000
Fee:12
Exchange Rate:88.48 (5.53% from mid-rate)
To Amount (INR)441,338
Total Cost:5.75%
Difference:
₹24,612 INR less than using WorldFirst
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→INR
From Amount (GBP)£5,000
Fee:15
Exchange Rate:87.84 (6.21% from mid-rate)
To Amount (INR)441,253
Total Cost:5.77%
Difference:
₹24,697 INR less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logo

Santander: Foreign Transfer GBP→INR
From Amount (GBP)£5,000
Fee:20
Exchange Rate:88.11 (5.92% from mid-rate)
To Amount (INR)438,788
Total Cost:6.3%
Difference:
₹27,162 INR less than using WorldFirst
Time:6:02 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 (GBP)£5,000
Fee:20
Exchange Rate:87.75 (6.31% from mid-rate)
To Amount (INR)436,995
Total Cost:6.68%
Difference:
₹28,955 INR less than using WorldFirst
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 12/07/2019 - 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
89,750
Best Overall
89.7504.17%
Citibank Foreign Currency
Citibank logo
88,130
₹1,620 less
89.02£105.9%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
87,352
₹2,398 less
88.35£106.73%
Lloyds TSB logo
87,239
₹2,511 less
88.12£106.85%
Santander Foreign Currency
Santander logo
87,239
₹2,511 less
88.12£106.85%
Natwest Bank logo
86,798
₹2,952 less
88.12£157.32%
 

Post Office Money logo

Post Office Money: Travel Money GBP→INR
From Amount (GBP)£1,000
Fee:0
Exchange Rate:89.75 (4.17% from mid-rate)
To Amount (INR)89,750
Total Cost:4.17%
Time:6:02 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 (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:89.02 (4.95% from mid-rate)
To Amount (INR)88,130
Total Cost:5.9%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→INR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:88.12 (5.91% from mid-rate)
To Amount (INR)87,352
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logo

Lloyds TSB: Travel Money GBP→INR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:88.12 (5.91% from mid-rate)
To Amount (INR)87,239
Total Cost:6.85%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logo

Santander: Travel Money GBP→INR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:88.12 (5.91% from mid-rate)
To Amount (INR)87,239
Total Cost:6.85%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Travel Money GBP→INR
From Amount (GBP)£1,000
Fee:£15 GBP (Minimum fee)
Exchange Rate:88.12 (5.91% from mid-rate)
To Amount (INR)86,798
Total Cost:7.32%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 12/07/2019 - See full table

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)

Sterling has climbed more than 5 per cent in October since Boris Johnson announced a new Brexit agreement with Brussels that has reduced the possibility of the UK crashing out of the EU without a deal. Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. Currency strategists predict that gains in the pound would remain limited for now while parties prepared their election campaigns.

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.

Earlier in the year the pound was the worst-performing major currency by some margin. 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