Convert pounds to dollars with converter above, also you can see here pound to dollar exchange rate which is changing every second. Both currencies are popular and you won’t have problems when transferring them via Paypal, Moneygram or Western Union. If you want to exchange pounds to US dollars, you have to find the best currency exchange with best exchange rate.

When is the best time to convert GBP to USD?

• Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity.
• The BoE halved its growth forecast for 2025 and revealed a dovish split within its Monetary Policy Committee (MPC), with some members advocating for even more significant policy easing.
• When the UK’s economic performance exceeds America’s, the dollar weakens.
• While a 25 basis point rate cut was anticipated, the bank’s overall outlook surprised markets.
• In the latter part of the week, the BoE’s first interest rate decision of the year exerted downward pressure on the GBP.
• We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.
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However, the period between 3-4 PM GMT is often a good time to convert British Pounds to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it’s advisable to convert British Pounds to US Dollars Forexer broker early in the week if you need USD urgently. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends. The news and information contained on this site is by no means investment advice. We cannot guarantee 100% accuracy of third-party providers.

GBP = 1.25870 USD

This information is provided for informative purposes only and should not be construed to be investment advice. The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data. Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE). Get a daily analysis of markets, exchange rates, and news straight in your inbox.

GBP/BTC

The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. For privacy and data protection related complaints please contact us at Please read our PRIVACY POLICY STATEMENT for more information on handling of personal data. At the beginning of last week, the Pound (GBP) outperformed several of its counterparts, notably due to supportive comments from US President Donald Trump regarding a potential trade deal with the UK. In contrast, currencies like the Euro (EUR) faced challenges due to Trump’s tariff threats.

• The economic policies of the Trump administration are starting to take shape.
• The table below shows the percentage change of British Pound (GBP) against listed major currencies this week.
• For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).
• The UK’s Office for National Statistics (ONS) reported early Thursday that the UK’s Gross Domestic Product (GDP) expanded at an annual rate of 1.4% in the fourth quarter.
• Another way is to exchange your money online with some reliable apps or banks services.
• And with our daily summaries, you’ll never miss out on the latest news.

XRP, Solana (SOL) and Dogecoin (DOGE) gained 5.91%, 2.88% and 3.36% respectively on Friday. According to CNBC, however, Trump could still unveil his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday. If that were https://www.forex-reviews.org/ to come to fruition, markets could adopt a cautious stance and make it difficult for GBP/USD to build on its daily gains.

Pound Sterling to US Dollar – Exchange Rate Today

Sorted by contract year, the page shows contracts and prices along with the last trade date for the contract. Click on any symbol, including expired futures contract symbols, to view quote and chart data. US Dollar 🔻fell by -0.02% (-0.0003) against the British Pound Sterling as compared to the previous closing exchange rate. Alternatively, you may try converting US Dollar to Pound Sterling. Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period.

The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland. The pound sterling is the fourth most-traded currency in the foreign exchange market. In summary, the GBP/USD exchange rate has shown volatility influenced by economic indicators and geopolitical events. The interplay of interest rate decisions, inflation trends, and broader economic health will be pivotal in determining the strength of the Pound against the US Dollar in the coming weeks. We partner with leading binance canada review data providers to bring you the latest and most accurate prices for all major currencies and precious metals. 1 gbp to usd, then 2 gbp to usd, then 2.3 gbp to usd, etc.

You can re-sort the page by clicking on any of the column headings in the table. Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference , for the issuing of electronic money.

Historical Chart 1 GBP/USD

The US dollar and GB pound pair is one of the most liquid trades in forex with very narrow bid-ask margins. Despite this, the pair’s liquidity and high number of trading instruments make it an excellent choice for beginning forex traders. The times most active for this pair are when New York and London are open. When American economic performance is higher than that of the UK, the dollar strengthens against the British pound. When the UK’s economic performance exceeds America’s, the dollar weakens.

Live GBP/USD Exchange Rate Data, Calculator, Chart, Statistics, Volumes and History

A stronger-than-expected inflation reading could undermine expectations for imminent rate cuts by the Federal Reserve, potentially strengthening the USD. In the latter part of the week, the BoE’s first interest rate decision of the year exerted downward pressure on the GBP. While a 25 basis point rate cut was anticipated, the bank’s overall outlook surprised markets. The BoE halved its growth forecast for 2025 and revealed a dovish split within its Monetary Policy Committee (MPC), with some members advocating for even more significant policy easing.

This relationship in the GBP to USD exchange rate makes it essential to watch the relative strength of each nation’s economies and interest rates. The GBP/USD pair usually has a positive correlation with the EUR/USD pair and a negative correlation with USD/CHF pair. The GBP and USD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. Exchange rates can fluctuate by the minute while markets are open.