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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

= 105.8765

Refreshing in: 60s | Sun, Jun 16, 01:42AM GMT

  • Cheap transfers
  • Bank-beating exchange rates
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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.
1 - 12 of 12
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
Wise (TransferWise)
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
Cash App
Within minutes
From $0
With this peer-to-peer payment app make payments to your friends and family with no transfer fees within the US or from the US to the UK or EU.
Instarem
24 hours
From 0%
New Instarem customers will get a special FX rate and zero-fees on their first transfer.
Instarem offers offers rewards on every transaction.
MoneyGram
Within minutes
From $0
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
OFX International Money Transfers (Business)
24 hours
$0
Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.
CurrencyTransfer for Business
24 hours
$0
Increase business efficiency with zero transaction fees and same-day transfers.
OFX
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Xe Money Transfer for Business
24 hours
$0
Save your time and money with Xe Money Transfer for business.
Currencies Direct (business)
24 hours
$0
Minimizes costs of international transactions and offers custom solutions for business clients. Currencies Direct may call you to confirm your transfer, so be prepared for a phone call shortly after initiating a transfer.
Xe
Within minutes
$3
Xe has fast transfers with low fees and a range of foreign currency tools.
CurrencyTransfer
24 hours
$0
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Currencies Direct
24 hours
$0
CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates. Currencies Direct may call you to confirm your transfer, so be prepared for a phone call shortly after initiating a transfer.
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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 heavily against the rupee, falling from 83.94 in October 2008 to 67.56 by January 2009.

As the UK economy slowed down after the crisis, its exchange rate dropped to 65 rupees in 2010 and held steady for about a year. However over the next five years the value of the pound rose against most major currencies, including the rupee. When Brexit was announced the British Pound weakened and hit a low of 81 rupees in May 2017. Since then the British Pound has recovered and now buys around 99 rupees.

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.

Average exchange rate over the past 6 months.

Average exchange rate over the past 5 years.

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 fluctuation, 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