The British Pound to US Dollar exchange rate is currently at USD 0.79 for both buying and selling, as per the open market rate on 20 May 2024. This rate is subject to fluctuations due to worldwide supply and demand dynamics.
For individuals or businesses looking to convert currencies, understanding the exchange rate is crucial. Keeping track of the GBP to USD rate can help in making informed decisions when exchanging money.
Here is a comparison of the GBP to USD exchange rate with other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.49 | 1.49 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.22 | 7.22 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 155.76 | 155.76 |
| New Zealand Dollar (NZD) | 1.63 | 1.63 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks often charge higher exchange rates, so individuals should compare rates before making currency exchanges.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal. This portal provides timely updates on inter-bank currency rates, helping individuals stay informed about the latest exchange rate trends.
