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  1. Exchange Rates
  2. British pound sterling (GBP)
  3. Indian rupee (INR)

Convert GBP to INR at Best Exchange Rates

There are three important types of information that you need to know if you are to have any chance of getting the best possible GBP / INR rate :

  1. Find the Market GBP to INR mid-rate - the starting point.
  2. Check your FX provider's transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News, Research and Forecasts for both currencies.

1. Market GBP/INR mid-rate

The closer your final exchange rate is to the market GBP/INR midrate the better deal you are getting.
1 British pound sterling equals
Indian rupee 1GBP=INR

Right now the GBP/INR market rate is and represents how many Indian rupee you can get for one British pound sterling.

The GBP/INR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. The closer your final exchange rate is to the market GBP/INR midrate the better deal you are getting. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the currencies were exchanged in a transaction (bought or sold) in the international markets.

GBP to INR Exchange Rate Calculator

£
1 GBP equals
INR 1GBP=INR

Compare rates for: Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
Loading GBP/INR Chart

British pound sterling to Indian rupee (GBP-INR) Recent History

WhenExchange RateDate
1 Week ago93.338518 Apr 2018
1 Month ago92.126326 Mar 2018
6 Months ago85.182427 Oct 2017
1 Year ago82.629125 Apr 2017
2 Years ago96.55325 Apr 2016
5 Years ago83.930126 Apr 2013
10 Years ago79.654727 Apr 2008

There are three important types of information that you need to know if you are to have any chance of getting the best possible GBP / INR rate :

  1. Market GBP to INR mid-rate - the starting point.
  2. Transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Up-to-date Currency News, Research and Forecasts for British pound sterling and Indian rupee.

1. Market GBP/INR mid-rate

Right now the GBP/INR market rate is and represents how many Indian rupee you can get for one British pound sterling.

The GBP/INR mid-rate is the rate you will see Quoted on Google 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 / INR was traded (bought or sold) in the international markets.

1 British pound sterling equals
Indian rupee 1=

2. Transaction Costs - Margins and Fees for GBP/INR Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

GBP to INR Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from GBP to INR.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending GBP 5,000 to INR

 OFX
1GBP=91.07INR
₹455,350 INR (2.39%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: ₹455,350 INR
Exchange Rate: 91.07
Fees: GBP 0
Total Cost : 2.39% (from mid-rate: 93.3023)
This is the amount of money that could be received by your transfer at rate GBP/INR=91.07 and inclusive of the fee of GBP 0.
Rate timestamp : Wed Apr 25 2018 14:13:58 GMT+0000 (UTC)
Bank Rates - Average
1GBP=87.7INR
₹437,185 INR (6.29%)
This is the average GBP to INR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: ₹437,185 INR
Exchange Rate: 87.7
Fees: GBP 15
Total Cost : 6.29% (from mid-rate: 93.3023)
Receive INR ₹18,165 less than with   OFX
This is the amount of money that could be received by your transfer at rate GBP/INR=87.7 and inclusive of the fee of GBP 15.

Travel Money GBP to INR - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying INR Cash with GBP 2,000

 Post Office
1GBP=87.07INR
₹174,140 INR (6.68%)
Up to 80 currencies available from Australian Dollars to Vietnamese Dong. Order before 3pm on a working day to get next working day delivery to your home or nearest branch. Click & Collect Express: US Dollars and Euros can be collected two hours later from a Post Office near you. They'll buy back any currency that you don't use. Online rates differ from branch rates.
 
Price Details
Receive: ₹174,140 INR
Exchange Rate: 87.07
Fees: GBP 0
Total Cost : 6.68% (from mid-rate: 93.3023)
Amount of money that could be received by your currency exchange at rate GBP/INR=87.07 and inclusive of the fee of GBP 0.
Bank Rates - Average
1GBP=85.97INR
₹170,221 INR (8.78%)
This is the average GBP to INR Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: ₹170,221 INR
Exchange Rate: 85.97
Fees: GBP 20 (1%)
Total Cost : 8.78% (from mid-rate: 93.3023)
Receive INR ₹3,919 less than with   Post Office
Amount of money that could be received by your currency exchange at rate GBP/INR=85.97 and inclusive of the fee of GBP 20 (1%).
Rates snapshot: 04/25/2018

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 comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same GBP/INR market rate I see on Google or in the Media?

When you look up the current British pound sterling to Indian rupee exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

GBP to INR mid-rate on google

GBP to INR mid-rate on google search

Getting a great GBP to INR mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below GBP to INR calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific British pound sterling cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for British pound sterling and Indian rupee

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the GBP vs INR, you should pay attention to both British pound sterling and Indian rupee news and forecasts.

British pound sterling (GBP) - Market news and forecasts

Like most currencies, the pound was strong against the US dollar in early 2018. By late March, in line with the broader market for dollar pairs, GBP/USD had fallen back from January’s 19-month high of 1.434 to 1.4, but remained up 4% on the year and 17% higher than 2017’s low of 1.2.

Mirroring the standoff between UK and EU Brexit negotiators, the pound-euro exchange rate did little in the six-month period between October ’17 and March ’18. The pound continues to buy roughly 1.14 euros.

Like most other G10 currencies, the pound gained significantly in early 2018 against the Australian dollar and lost out against the yen.

According to a Reuters survey of FX analysts in March, the pound will end the year buying 1.41 US dollars (entering 2018, most analysts predicted rates between 1.3 and 1.35) and 1.12-1.14 euros.

Indian rupee (INR) - Market news and forecasts

By its own standards, the rupee made great inroads against the dollar in late 2017, and ushered in 2018 in much the same fashion.

In mid-November, the rupee began its determined climb against USD. Eight straight weeks of gains and an appreciation of 4% by January 5th (the time of this report) took the rupee to its strongest level in nearly two-and-a-half years, at 63.2 rupees per dollar.

Throughout early 2018, the rupee is likely to see continued support because of “increasing risks of an end to [the Reserve Bank of India’s] accommodative monetary policy,” thinks the team at ICICI Securities.

One exchange rate we look at often at Best Exchange Rates, the Australian dollar-rupee rate, fell (the rupee strengthened) throughout much of the final quarter of 2017. The rupee did, however, lose nearly half of its Q4 gains in the final three weeks of the year, mainly on broad Australian dollar strength.

With AUD/INR rates close to 50 in early January, a 4% climb is needed for AUD/INR to once again test 52.0 – one of the strongest resistance levels in all of FX.

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