The live mid-rate INR to GBP exchange rate is 0.009293. Compare currency conversion rates - Reduce FX costs.
The best INR to GBP exchange rate is 0.0092 from Wise. This is -1% compared to the mid-market rate 0.009293.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indian rupee (INR) to British pound (GBP) rates from different sources before making a conversion.
Looking at our comparison table the best INR to GBP exchange rate is 0.0092 from Wise, -1% from the mid-market rate 0.009293. The next best rate is 0.0092 from WorldRemit, -1% from the mid-rate. WorldRemit with 0.0092 is -1% from the mid-rate.
The Western Union rate is which is - from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.
The Rupee to Sterling comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest INR-GBP mid-rate (see Market Data below ) and the possible savings of using various providers.
Indian rupee (INR) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | INR/GBP | Period |
---|---|---|
16 Nov 2024 | 0.009387 | 2 Week |
01 Sep 2024 | 0.009082 | 3 Month |
01 Dec 2023 | 0.009459 | 1 Year |
02 Dec 2019 | 0.0108 | 5 Year |
03 Dec 2014 | 0.0103 | 10 Year |
05 Dec 2004 | 0.0117 | 20 Year |
Here are some popular conversion amounts for INR to GBP (Indian rupee to British pound)*.
*Converted at the current INRGBP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The recent forecasts for the exchange rate of the Indian Rupee (INR) to the British Pound (GBP) indicate an increasing level of uncertainty amid shifting market dynamics. FX analysts have expressed concerns about the potential impacts of Donald Trump’s impending presidency on global currency volatility, particularly for the INR, which recently dipped to an all-time low against the U.S. dollar. This decline reflects broader concerns surrounding surging energy prices and their inflationary effects on India, a major oil importer. As the dollar strengthens due to expectations of corporate tax cuts and deregulation under Trump, the Indian rupee, along with other Asian currencies, is experiencing heightened volatility, prompting economists to advise businesses to manage their forex risks more strategically.
Read our full review of recent INR to GBP forecasts.
There are several ways to save on exchange rates when converting Indian rupee to British pound:
Generally speaking, if you are buying British pound with Indian rupee, then it's better for the INR/GBP exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
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.
Read our Currency guide to the United Kingdom - a practical currency and money guide to travel, living and doing business in the United Kingdom with the British pound.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add INR/GBP to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
United Kingdom (GBP) | India (INR) | Guernsey (GBP) |
Isle of Man (GBP) | Jersey (GBP) | South Georgia and South Sandwich Islands (GBP) |
Expat life in the UK can be a positive experience, as the country is known for its rich history, culture, and diverse society. It also offers a high standard of living and a strong economy. However, as with any move to a new country, there can be challenges to overcome.
One of the biggest challenges for expats in the UK is the weather, as it can be unpredictable and quite damp, especially in the winter. Additionally, the cost of living in the UK, particularly in the larger cities such as London, can be high.
Read more at our United Kingdom (GBP) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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