Barclays Bank GBP to INR Exchange Rates & Currency Deals
GBP-INR Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Barclays Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
GBP to INR Market Data
British pound (GBP) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to INR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Indian rupee is to review how the GBP/INR rate has changed over time.
The table below shows the percentage change in the GBP to INR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
GBP/INR is currently at 116.4, 2.3% above its 3-month average. Analysts suggest the pound's recent strength, despite poor UK retail sales, stems from lower rate cut expectations from the BoE. Watch for June PMIs and geopolitical shifts that could impact both currencies
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GBP to INR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
Barclays Bank Send Money conversion rate for GBP to INR?
The Barclays Bank GBP to INR exchange rate is 112.73. This is -3.5% compared to the latest GBP-INR mid-market rate 116.82.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Indian rupee (INR) rates from different sources before making a conversion.
The above
Barclays Bank - Sterling to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Barclays Bank and other foreign exchange providers against the latest GBP-INR mid-rate and the possible savings of using various providers.
How do Barclays Bank GBP-INR rates compare between providers?
Looking at the full
GBP to INR - Send Money comparison table the provider with the best GBP to INR exchange rate is Wise at 116.29, -0.45% from the latest mid-market rate 116.82.
The next best is XE at 116.12, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Barclays Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.