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INR to GBP - Compare Exchange Rates

Indian Rupee to British Pound Sterling - Convert Compare Save

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

 

INR to GBP interbank exchange rate = 0.011054

Right now the INR/GBP interbank exchange rate is 0.011054. It’s also called the mid-market rate or just the mid-rate and we use it to calculate the cost of conversion between GBP and INR.

This INR/GBP converter calculates equivalent Indian Rupee to British Pound Sterling amounts at the market mid-rate. You can also enter your own rates to find out how much you are being charged.

 

INR / GBP converter & margin calculator


₹INR
£GBP
Mid-rates:
 

Foreign Transfers Travel Money

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

Foreign Transfers

1 Week INR to GBP
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Indian Rupee

British Pound Sterling

1 INR 0.0111 GBP
5 INR 0.0553 GBP
10 INR 0.1105 GBP
20 INR 0.2211 GBP
50 INR 0.5527 GBP
100 INR 1.1054 GBP
250 INR 2.7635 GBP
500 INR 5.5270 GBP
1,000 INR 11.05 GBP
2,000 INR 22.11 GBP
5,000 INR 55.27 GBP
10,000 INR 110.54 GBP
50,000 INR 552.70 GBP
100,000 INR 1,105.40 GBP
See more

Indian Rupee

British Pound Sterling

90.46 INR 1 GBP
452.32 INR 5 GBP
904.64 INR 10 GBP
1,809.28 INR 20 GBP
4,523.20 INR 50 GBP
9,046.40 INR 100 GBP
22,616.00 INR 250 GBP
45,232.00 INR 500 GBP
90,464.00 INR 1,000 GBP
180,928.00 INR 2,000 GBP
452,320.00 INR 5,000 GBP
904,640.00 INR 10,000 GBP
4,523,200.00 INR 50,000 GBP
9,046,400.00 INR 100,000 GBP
See more

Compare Actual INR/GBP Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for INR/GBP International Money Transfers. Costs are calculated against the amount when INR is converted to GBP at mid-rate.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive GBP(£)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedDeal Links
 
Instarem logo
109.67 GBP0.01096700.75%
ICICI Bank International Money Transfers
ICICI Bank logo
105.45 GBP0.010652₹1004.57%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
105.18 GBP0.010625154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank International Money Transfers
Indian Bank logo
104.91 GBP0.010597₹1005.06%Online, Branch, Bank Transfers2-3 days
Instarem: Foreign Transfer INR→GBP
INR amount:10,000 INR
Fee:0
Exchange Rate:0.010967 (0.75% from mid-rate)
GBP amount:109.67 GBP
Total Cost:0.75%
Time:1:04 Local
Transfer Speed:
Services:
Rating:
 
: 3.9/5.0
Reviews:
 

ICICI Bank logoICICI Bank

ICICI Bank: Foreign Transfer INR→GBP
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.010652 (3.6% from mid-rate)
GBP amount:105.45 GBP
Total Cost:4.57%
Difference:
4.22 GBP less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer INR→GBP
INR amount:10,000 INR
Fee:15
Exchange Rate:0.010387 (6% from mid-rate)
GBP amount:105.18 GBP
Total Cost:4.81%
Difference:
4.49 GBP less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Indian Bank logoIndian Bank

Indian Bank: Foreign Transfer INR→GBP
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.010597 (4.1% from mid-rate)
GBP amount:104.91 GBP
Total Cost:5.06%
Difference:
4.76 GBP less than using Instarem
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 


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Indian Rupee to British Pound Sterling (INR-GBP) - 10 Year History

The below table shows the historic variation in the INR/GBP exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of INR versus other currencies : INR historical charts.

DateExchange RatePeriod
14 Apr 20190.01111 Week
22 Mar 20190.01091 Month
23 Oct 20180.01056 Months
21 Apr 20180.01081 Year
21 Apr 20170.01212 Years
22 Apr 20140.0097875 Years
23 Apr 20090.013710 Years

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

The INR/GBP 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 INR / GBP 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.

The closer your final exchange rate is to the market INR/GBP midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good INR to GBP exchange rate

  1. Know the latest INR/GBP market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Indian Rupee and British Pound Sterling

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

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

Indian Rupee (INR) - Market news and forecasts

In the second week of March, the rupee was little changed on the year (<1 percent difference) against the dollar at rates near ₹70. It was, however, considerably higher than its record low of ₹74.52, achieved in October. The rupee hasn’t done badly in 2019 considering the 23 percent rise in the price of oil (India’s biggest import). Political uncertainty (never good for a currency’s valuation) is likely to emerge as we approach May’s election. A tough battle is expected for current Indian Prime Minister Narendra Modi and his Bharatiya Janata Party. Should the BJP be defeated, “the rupee could potentially spike to 74,” a Radobank economist said. In March, the Economic Times reported the results of a poll of 50 foreign exchange experts, who collectively estimated a year-end USD/INR rate of ₹71.3. This differed from January’s forecast from the Fitch ratings agency, which said it expects ₹75 on the basis of further current account deterioration and tighter financing conditions.

British Pound Sterling (GBP) - Market news and forecasts

Update 14-April: The pound hovered between US$1.30 and US$1.31 (in line with 3-month averages) after the EU granted the UK a Brexit extension until the end of October. No-deal risk is gone for now and anything is possible, including a new British prime minister, a general election and/or second referendum.

Experts at MUFG said in April that sterling would likely trade between US$1.30 and US$1.34 until more clarity emerged.

If an election is called, the pound could depreciate to US$1.24, a UBS analyst said, due to “heightened uncertainty” (the opposition Labour party is consistently ahead in the polls).

Goldman Sachs said in April that sterling was set for a “big finish” (higher) once the gridlock in the UK parliament ends and a deal is agreed and certainty found.

Earlier this year, currency analysts at HSBC estimated that the pound would be valued at levels near US$1.10 in the event of no-deal, near US$1.45 with a deal and at US$1.55 if Brexit is cancelled.