Exchange rates for GBP against major currencies on May 18, 2023

LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market.

According to

GBP-EUR                             1.1517   Pounds to Euros

GBP-USD                             1.2465   Pounds to Dollars

GBP-NZD                             1.9914   Pounds to New Zealand Dollars

GBP-AUD                            1.8766   Pounds to Australian Dollars

GBP-CAD                             1.679     Pounds to Canadian Dollars

GBP-JPY                               171.59   Pounds to Yen

GBP-ZAR                              24.230   Pounds to South African Rands

GBP-AED                             4.5747   Pounds to Dirhams

GBP-INR                              102.77   Pounds to Rupees

GBP-TRY                              24.665   Pounds to Lira

GBP-CHF                              1.1208   Pounds to Swiss Francs

The GBP exchange market is the market where the British pound sterling, the official currency of the United Kingdom, is traded against other currencies.

The GBP is the fourth most popularly traded currency and the third most commonly held reserve currency in the world. The GBP exchange rate is influenced by various factors, such as economic performance, interest rates, inflation, trade balance and political events.

The Bank of England publishes daily spot rates against sterling and other currencies on its database, but these are not official rates and are no more authoritative than that of any commercial bank operating in the London foreign exchange market.

The GBP exchange market is an important indicator of the UK’s economic health and its role in the global financial system.

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