Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

Best GBP to INR exchange rates today

Find the best exchange rates for your pound to rupee exchange.

Compare the mid-market rate and analyze its exchange history to get the best rates for GBP to INR.

Today’s mid-market rate

Live Rate

= 103.7624

Refreshing in: 60s | Tue, Oct 19, 10:40AM GMT

  • Cheap transfers
  • Bank-beating exchange rates
  • Safe and reliable

Buy Indian Rupee with British pound

Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
OFX
24 hours
$0

View details
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Dunbridge Financial
Dunbridge Financial
24 hours
$0

View details
Dunbridge Financial offers competitive exchange rates and zero fees on transfers to more than 120 countries.
CurrencyTransfer
24 hours
$0
SPECIAL OFFER ✓ Minimum transfer of $1,000 for Finder readers (normally £5,000)

View details
Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
XE
Within minutes
$3

View details
XE has fast transfers with low fees and a range of foreign currency tools.
WorldRemit
Within an hour
From $1.99

View details
New customers send USD 20 to Lebanon and use code ADD10 for a USD 10 discount. Valid till 7 November 2021. T&Cs apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Wise (TransferWise)
Within an hour
From $2.26

View details
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Instarem
Within an hour
$1

View details
Exclusive: Use code GET60 to save 30 USD on each transaction over 200 USD. Valid for the first two transactions and till 30 November 2021. T&Cs apply.
Instarem offers zero transfer fees on all transfers.
Remitly
Within minutes
From $0
SPECIAL OFFER ✓ Free transfers and better exchange rates available for new customers

View details
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Western Union
Within an hour
From $0

View details
Western Union sends money online to friends and family in 200+ countries around the world.
MoneyGram
Within an hour
From $0

View details
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
loading

Compare up to 4 providers

When is the best time to buy?

The best time to buy INR depends on sociopolitical atmosphere, interest and inflation rates, foreign trade, public debt, and export to import price ratios.

The Indian economy is slowly growing, with developments in the technology sector earning the INR more value. However, the ongoing trade war between China and the US could hurt India, who trades a lot with China.

How does GBP trade against INR historically?

From 2002 through to 2008, the value of the pound fluctuated between roughly 75 and 85 rupees. During the financial crisis, the pound dropped quickly against the rupee, falling from an exchange rate of 83.94 on October 2008 to 67.56 by January 2009.

As the UK saw slow growth after the crisis, its exchange rate dropped to 65 rupees in 2010 and held steady for about a year. However the second half of 2011 and into 2012, the value of the pound began to rise against most major currencies, including the rupee.

During the same time, a US Federal Reserve Board policy prompted investors around the world to abandon emerging and risky markets, such as India, for more stable markets such as the US and UK. The value of the pound skyrocketed to more than 100 rupees in August 2013, and it consistently traded from roughly 95 to 105 rupees in the following two years.

GBP to INR exchange rate history

Based on historical data we can forecast the GBP to INR exchange rate. Here you can find the average exchange rate for the past week.

Oct 12 Oct 13 Oct 14 Oct 15 Oct 16 Oct 17 Oct 18
1 GBP = 102.4973 Inverse: 0.0098 102.9295 Inverse: 0.0097 102.5037 Inverse: 0.0098 103.0026 Inverse: 0.0097 103.0026 Inverse: 0.0097 103.2157 Inverse: 0.0097 103.3419 Inverse: 0.0097

Average exchange rate over the past 6 months.

May 21 Jun 15 Jul 10 Aug 04 Aug 29 Sep 23
1 GBP = 103.1902 Inverse: 0.0097 103.2756 Inverse: 0.0097 103.5606 Inverse: 0.0097 103.0465 Inverse: 0.0097 101.1464 Inverse: 0.0099 101.3161 Inverse: 0.0099

Average exchange rate over the past 10 years.

2009201020112012201320142015201620172018
1 GBP =73.7286
Inverse: 0.0136
67.9026
Inverse: 0.0147
73.8960
Inverse: 0.0135
85.3238
Inverse: 0.0117
83.5187
Inverse: 0.0120
101.8305
Inverse: 0.0098
96.3347
Inverse: 0.0104
97.0273
Inverse: 0.0103
83.1098
Inverse: 0.0120
91.5220
Inverse: 0.0109

What affects GBP to INR exchange rate?

Strict government policies imposed by the Reserve Bank of India affects how frequently it’s traded on international markets. This gives the British pound, the fourth most traded currency, an advantage.

India’s Foreign Exchange Management Act places tight restrictions on outgoing rupee transfers, making it challenging for consumers to send money overseas from India.

The colonial history of Britain and India makes the pound and rupee a popular currency pair — with consistent fluxuation, with the pound dominating.

Bottom line

If you decide to use a money transfer service to change your GBP to INR, consider its fees, time it takes to transfer and its rate compared to the mid-market rate.

Frequently asked questions

More guides on Finder

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 finder.com 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.
Go to site