1 Pound in Indian Rupees Today
Exchange Rate: GBP to INR
The Pound Sterling (GBP) is the official currency of the United Kingdom, and the Indian Rupee (INR) is the official currency of India. The exchange rate between these two currencies is constantly changing due to various economic and market factors.
Current Exchange Rate:
As of today, the exchange rate is:
1 GBP = 94.45 INR
This means that if you exchange 1 British Pound, you will get approximately 94.45 Indian Rupees in return.
Factors Affecting Exchange Rate:
Several factors can influence the exchange rate between GBP and INR, including:
Economic Indicators:
- Inflation rates
- Interest rates
- GDP growth rates
- Unemployment rates
Political Events:
- Elections
- Government policies
- Trade agreements
Market Sentiment:
- Investor confidence
- Speculation
- Market trends
Converting GBP to INR:
If you need to convert a specific amount of GBP to INR, you can use the following formula:
INR amount = GBP amount x Exchange Rate
For example:
- Convert 100 GBP to INR: INR amount = 100 x 94.45 = 9,445 INR
Conclusion:
The exchange rate between GBP and INR is constantly changing, and it's essential to stay up-to-date with the latest rates to make informed decisions. Whether you're a traveler, importer, or investor, knowing the current exchange rate can help you make the most of your transactions.