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INR to GBP Calculator

Indian Rupee to British Pound Sterling - Convert Compare Save

INR to GBP mid-rate = 0.011024

Right now the INR/GBP market mid-rate is 0.011024 and represents ideally how many British Pound Sterling you can get for one Indian Rupee.

You can calculate equivalent Indian Rupee to British Pound Sterling currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for INR to GBP transfers or buying GBP travel money.

INR / GBP Converter


₹INR


£GBP
1 Indian Rupee equals
0.011024 British Pound Sterling

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

Foreign Transfers

 
 
3 Month INR to GBP Chart
Loading INR/GBP rates

Indian Rupee

British Pound Sterling

1 INR 0.0110 GBP
5 INR 0.0551 GBP
10 INR 0.1102 GBP
20 INR 0.2205 GBP
50 INR 0.5512 GBP
100 INR 1.1024 GBP
250 INR 2.7560 GBP
500 INR 5.5120 GBP
1,000 INR 11.02 GBP
2,000 INR 22.05 GBP
5,000 INR 55.12 GBP
10,000 INR 110.24 GBP
50,000 INR 551.20 GBP
100,000 INR 1,102.40 GBP
See more

Indian Rupee

British Pound Sterling

90.71 INR 1 GBP
453.54 INR 5 GBP
907.08 INR 10 GBP
1,814.17 INR 20 GBP
4,535.42 INR 50 GBP
9,070.84 INR 100 GBP
22,677.10 INR 250 GBP
45,354.20 INR 500 GBP
90,708.40 INR 1,000 GBP
181,416.80 INR 2,000 GBP
453,542.00 INR 5,000 GBP
907,084.00 INR 10,000 GBP
4,535,420.00 INR 50,000 GBP
9,070,840.00 INR 100,000 GBP
See more

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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
09 Dec 20180.01101 Week
16 Nov 20180.01081 Month
19 Jun 20180.01126 Months
16 Dec 20170.01171 Year
16 Dec 20160.01182 Years
17 Dec 20130.0099155 Years
18 Dec 20080.014110 Years

Best Rates for INR/GBP Transfers and Travel Money

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

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 INR to GBP.

Compare INR to GBP Foreign Transfers vs the Banks

ProvidersAmount GBP(£)Exchange RateFee INRTotal CostTransfer ServicesTransfer SpeedReviewsDeal Links
Instarem logo
109.55 GBP0.01095500.75%
 
ICICI Bank
ICICI Bank logo
105.35 GBP0.010641₹1004.56%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Indian Bank logo ICICI Bank logo
105.07 GBP0.010613154.81%Online, Branch, Bank Transfers2-3 days
Indian Bank
Indian Bank logo
104.79 GBP0.010585₹1005.06%Online, Branch, Bank Transfers2-3 days
Instarem: Foreign Transfer INR→GBP
INR amount:10,000 INR
Fee:0
Exchange Rate:0.010955 (0.75% from mid-rate)
GBP amount:109.55 GBP
Total Cost:0.75%
Time:1:03 Local
Transfer Speed:
Services:
Rating:
 
: 3.9/5.0
Reviews:
ICICI Bank: Foreign Transfer INR→GBP
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.010641 (3.6% from mid-rate)
GBP amount:105.35 GBP
Total Cost:4.56%
Difference:
£4.2 less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Indian Bank logo ICICI Bank logo

Foreign Transfer INR→GBP
INR amount:10,000 INR
Fee:15
Exchange Rate:0.010376 (6% from mid-rate)
GBP amount:105.07 GBP
Total Cost:4.81%
Difference:
£4.48 less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Indian Bank: Foreign Transfer INR→GBP
INR amount:10,000 INR
Fee:₹100 INR (1%)
Exchange Rate:0.010585 (4.1% from mid-rate)
GBP amount:104.79 GBP
Total Cost:5.06%
Difference:
£4.76 less than using Instarem
Time:1:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Rates @ 12/16/2018.
Total Cost = Fee + exchange rate margin vs INR/GBP mid-rate: 0.011038


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

Like other emerging market currencies, the Indian rupee has been under significant pressure in 2018. It made an all-time low in October of 74.5 to the dollar and fell to a 4-1/2-year low versus the euro, which bought 86.15 rupees.

By the time of this report (November-21), the rupee had, though, recovered somewhat, reaching its strongest levels of the fourth quarter. Recoveries worth 5 and 6 percent against the dollar and euro respectively had USD/INR and EUR/INR trading at 70.92 and 80.974.

Among major problems for the rupee in 2018 has been the high price of oil, which raises India’s import bill substantially, but as luck would have it, the oil market has experienced a complete reversal in Q4. A $24 per barrel (30 percent) plunge in the oil price over 7 weeks is a blessing.

Political uncertainty (never good for a currency’s valuation) is likely to emerge in 2019, with expectations of a tough electoral battle for current Indian prime minister Narendra Modi.

One analyst said in November that the rupee would likely end 2018 stronger at 68 per US dollar.

British Pound Sterling (GBP) - Market news and forecasts

10-December-18: UK politics was in a state of disarray in December and a no-deal Brexit was looking ever more likely. As a result, sterling struck a 20-month low against the dollar ($1.251) and a 3-1/2-month low against the euro (€1.1). Against each of its peers, sterling had been worth 17 percent more prior to the UK’s EU referendum in June 2016.

The Bank of England has predicted a shocking 25 percent loss in the pound’s value in the event of a “disorderly” no-deal Brexit, under which there will be serious border delays and a marked loss of confidence in Britain’s financial institutions.

In the more likely event of a milder, “disruptive” no-deal Brexit, under which goods face tariffs but flow somewhat easily, sterling still loses 15 percent, the BoE believes.

How likely is no-deal? It’s highly likely unless Prime Minister May achieves a time-limited backstop; British MPs will not accept much else. This will be difficult for May to achieve — EU negotiators have already said that their previous offer was the last and only offer — and little time remains, with Brexit scheduled for March-29.


 

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