Find the best GBP > INR exchange rate on December 2018 | finder.com
Best GBP > INR exchange rates

Best INR > GBP exchange rates as of 18 Dec 2018

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

From the mid-market rate to historical data, here’s how to find the best exchange rate for rupees to pounds.

With close to a million anglo-Indians living in India, there’s plenty of money being transferred from the India to the UK. Whether you have business dealings in Belfast or are sending money to a loved one in London, you’ll want to get the best exchange rate possible.

Today’s mid-market rate

The mid-market Indian rupee–to–British pound exchange rate is 1 INR = .012 GBP. 18 Dec 2018

Get the best rate for your INR > GBP exchange

We’ve gathered today’s best rates to inform your foreign exchange decisions when transferring money from the India to UK.

Refreshing in: 60s | Tue, 18 Dec 02:59pm GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.3892 Inverse: 0.7198 1.3415 Inverse: 0.7454 0.879352 Inverse: 1.1372 6.8968 Inverse: 0.1450 0.790737 Inverse: 1.2646 70.691075 Inverse: 0.0141 20.1668 Inverse: 0.0496 53.09675 Inverse: 0.0188
1 AUD = 0.7198 Inverse: 1.3892 1.0000 0.9657 Inverse: 1.0356 0.6330 Inverse: 1.5798 4.9644 Inverse: 0.2014 0.5692 Inverse: 1.7569 50.8851 Inverse: 0.0197 14.5165 Inverse: 0.0689 38.2203 Inverse: 0.0262
1 EUR = 1.1372 Inverse: 0.8794 1.5798 Inverse: 0.6330 1.5256 Inverse: 0.6555 1.0000 7.8430 Inverse: 0.1275 0.899227 Inverse: 1.1121 80.389987 Inverse: 0.0124 22.9337 Inverse: 0.0436 60.3817 Inverse: 0.0166
1 GBP = 1.2646 Inverse: 0.7907 1.7569 Inverse: 0.5692 1.6966 Inverse: 0.5894 1.1121 Inverse: 0.8992 8.7219 Inverse: 0.1147 1.0000 89.398981 Inverse: 0.0112 25.5038 Inverse: 0.0392 67.1484 Inverse: 0.0149

How does the Indian rupee trade against the British pound historically?

From the Great Recoinage in 1816 until World War I in 1914, the Indian rupee was pegged to the British pound at 4.80 rupees per pound and on par with the US dollar at the time. After WWI, the pound and the rupee both declined against the US dollar due to deficits in trade, capital and budget.

In 1947, India gained its independence from Britain and adopted a fixed-rate currency. The rupee was then valued at 4.79 rupees per pound from 1948 and 1966. Wars in China in 1962 and Pakistan in 1965 led to a significant deficit on India’s budget. This forced the Indian government to devalue the rupee to 3.785 per pound.

Over time the pound has risen against the rupee. By 1996 the rupee was valued as 65 rupees per pound. The rupee fell from 65.17 per pound in May 2010 to more than 100 rupees per pound by 2013. Since 2013, the rupee has stayed within 90 rupees per pound. The UK’s departure from the European Union has had almost no effect on the exchange rate.

INR > GBP exchange rate history

We’ve put together the annual average exchange rate for Indian rupee against the British pound from 2007 to 2016.

YearINR = GBP
20160.011024
20150.010213
20140.009955
20130.010985
20120.011835
20110.013445
20100.014184
20090.013244
20080.012430
20070.012068

Here’s the monthly average exchange rate for the British pound over the past 12 months.

MonthINR = GBP
Feb. 20170.011961
Jan. 20170.011899
Dec. 20160.011818
Nov. 20160.011861
Oct. 20160.012116
Sept. 20160.011396
Aug. 20160.011415
July 20160.011331
June 20160.010450
May 20160.010292
April 20160.010523
March 20160.010488

Compare today’s rates from providers who can send INR to GBP

I want to send

to

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1 1 - 2 days GBP 7.00 88.684 INR
442,798
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1 Within an hour GBP 3.99 88.505 INR 442,172 Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.
Go to site Show details

Compare up to 4 providers

What affects INR > GBP exchange rates?

The five main factors influencing the Indian rupee and British pound are monetary policy, price inflation, confidence and sentiment, economic growth using the gross domestic product (GDP) and the balance of payments. These factors can offer a comprehensive view of the direction a currency is going.

These factors were evident in India during the country’s wars with China and Pakistan, which led to a significant fiscal deficit.

Frequently asked questions

Was this content helpful to you? No  Yes

US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First

No maximum limit, no fees and competitive exchange rates for 100+ currencies.

TransferWise

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First

No maximum limit, no fees and competitive exchange rates for 100+ currencies.

TransferWise

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Go to site