Best pound to rupee exchange rate: 1 GBP = 99.33 INR

Find the best exchange rate when converting your pounds to rupees.


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Exchange rates change throughout the day. This will have an effect on larger transfers, but less so for smaller ones. Nevertheless, it’s good to be in the know of what the rate is and who can give you the best deal for your international money transfer. Read on to find out more about the pound-to-rupee exchange rate and which international money transfer providers might be right for you.

Live Rate

= 97.7881

Refreshing in: 60s | Sun, Aug 09, 05:10PM GMT

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

Table: sorted by a combination of service offering and the amount your recipient will receive

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 5,000 Same day GBP 0.00 96.81 INR
Universal Partners FX offers competitive exchange rates and same-day transfers for 100+ currencies. Go to site Show details
GBP 2,500 Same day GBP 0.00 96.81 INR
Central FX’s dedicated private client team will guide you through the money transfer process from first call to final payment. Go to site Show details
GBP 3,000 1 day GBP 0.00 96.81 INR
Get no fees as a Finder customer when you transfer your money overseas with Global Reach. Go to site Show details
GBP 5,000 1 day GBP 0.00 97.25 INR
Take advantage of fee lock-ins and live bookable rates, helping you save up to 85% in hidden bank fees. Go to site Show details
GBP 1 1 - 2 days GBP 1.99 96.517 INR
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
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GBP 5 2 days EUR 3.00 97.299 INR
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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GBP 10 Within an hour GBP 2.00 97.27 INR
First two transfers free for new customers.
Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points.
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GBP 50 Same day GBP 2.99 96.81 INR
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Exchange rate history: British pound to Indian rupee

The past can be a good indicator of the future. Depending on sociopolitical atmosphere, interest and inflation rates, foreign trade, public debt and export-to-import price ratios all influence exchange rates. Below you can find the average exchange rate for the past 10 years.

GBP = INR91.046797.9928100.47991.629584.608474.702970.605775.552079.902982.5005

Data courtesy of X-Rates.

Historical rate chart of GBP and INR

Updated: 09 Aug 2020 17:10:41 UTC

The British pound sterling is the oldest still-circulating currency in the world. It also enjoys the ranking of the fourth most traded currency – the first three spots on the list are taken by the US dollar, the euro and the Japanese yen. India’s rupee, on the other hand, is traded far less frequently on international markets, in large part due to several strict controls imposed on the currency by the country’s central bank, the Reserve Bank of India.

India’s Foreign Exchange Management Act places tight restrictions on outgoing rupee transfers being sent from India, which can provide several challenges for consumers looking to send money overseas from India. Despite this, India’s massive population of 1.25 billion combined with Britain’s colonial history in India still makes the pound and rupee a popular currency pair.

During the 60-plus years since India’s independence, the pound-to-rupee exchange rate has fluctuated substantially. However, the pound has consistently been the far stronger performer of the two currencies.

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Pound historically strong against rupee

India’s connection to the UK remained strong despite having gained independence in 1947. These ties were strong enough that the value of the rupee was pegged to the pound until 1966. Following the 1966 financial crisis and the subsequent devaluation of the rupee it was then pegged to the US dollar for a period and eventually moved to a free-floating exchange rate arrangement in 1993.

Although the switch to a free-market arrangement prompted the rupee to fall in value against the pound and many other major currencies, this also meant the rupee reached a mark closer to its actual value. After starting out in the mid-40 rupees range in 1993, the pound steadily gained in value against the other currency up towards the beginning of the new millennium, peaking at a value of more than 71 rupees.

The British economy was experiencing a period of solid and steady growth at this time, while India battled financial instability. From 2002 through to 2008, the pound fluctuated in value between roughly 75 and 85 rupees.

Rupee steady against a weaker pound

The UK was initially expected to avoid much of the global economic downturn that began in the USA in 2008, but the financial troubles soon spread to Europe and the UK. With the financial industry hit particularly hard the value of the pound dropped quickly against the rupee, falling from an exchange rate of 83.94 on 17 October 2008 to 67.56 by 24 January 2009.

Stagnant growth in the UK following the global financial crisis saw it drop down to an exchange rate of 65 rupees in 2010 and it held fairly steady near this mark for roughly a year. However, resurgent growth figures through the second half of 2011 and into 2012 saw the pound begin to rise in value against most major currencies.

At the same time, a quantitative easing program introduced by the US Federal Reserve Board saw investors around the world 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 2 years.

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