£ British Pound Sterling
Currency Code: GBP
Currency of the United Kingdom. One of the oldest currencies still in use.
Issuing Authority
Bank of England
Key Features
Historic Currency
One of the longest-established currencies. Over 1,000 years old.
Strong Economy
Backed by UK's advanced economy and financial center London.
Major Trading Currency
Fourth most-traded currency globally. Active forex markets.
Sterling Stability
Stable currency. Bank of England provides strong stewardship.
Popular Corridors
UK → India
UK → Pakistan
UK → Bangladesh
UK → Nigeria
Frequently Asked Questions
What countries use GBP?
United Kingdom (England, Scotland, Wales, Northern Ireland), Crown dependencies, some overseas territories.
How does Brexit affect GBP?
Post-Brexit, GBP remains stable. Regulatory changes haven't materially affected currency strength.
What is the GBP/USD rate?
Approximately £1 = $1.20-1.30 USD. Historically strong vs USD.
Is GBP a good currency to hold?
Yes, strong stable currency. Major reserve currency with deep forex markets.
Can I send GBP internationally?
Yes, widely accepted. SWIFT transfers available to all major countries.