Pound Rate

Information on the pound and rupee rate

GBP/INR - reference notes

The pound and rupee rate, explained

Plain explanations of what the pound and rupee rate is, how it is formed, how to compare ways of sending money from the UK to India and why the rate you get differs from the one in the news.¹

Read the guides Open the converter

This site explains. It does not quote a price, give advice or handle money.

A gold coin and a silver coin standing in front of a glowing orange curve of light on a dark blue background.
GBP/INR is the price of one pound in Indian rupees. The first currency is the base, the second is what it is priced in.

GBP/INR - reference rates

Pound to rupee converter

Convert pounds to rupees at the latest European Central Bank reference rate, with the trend over 30 days, 90 days or a year.

Enter an amount to convert.

European Central Bank reference rates, published each working day ~16:00 CET; not a transaction rate.

Data is delivered by Frankfurter, an open-source service that republishes the ECB reference rates. A pair without the euro, such as GBP to INR, is a cross rate worked out from two euro rates. The ECB does not publish at weekends or on TARGET holidays, so the latest rate can be a few days old.

For information only. This is not financial advice, an offer or a quote. The rate you get from a bank, a card or a transfer provider will differ.

Limits

What a page like this can and cannot be, said once and plainly.

What this page does not do

Read this before the rest. It is the part that keeps the rest honest.

What this page does not do This site does This site does not
The rate Explains what a rate is and how it is formed Does not state a rate of its own; a figure, if shown, carries its date and source
Advice Sets out the questions worth asking before a decision Does not say to buy, sell or wait
Money Describes how transfers and exchange are usually done Does not take, hold or send money, and opens no accounts
Authority Points to the bank, the central bank and official sources Does not replace a bank, a tax office or a qualified adviser

How to read

Reading a rate

Four things to look at, in this order, whichever rate you are reading.

  1. Read the pair

    In GBP/INR the pound is the base and the rupee is what it is priced in. The rate says how many rupees one pound costs.

  2. Tell buying from selling

    An institution buys at one price and sells at another. The gap between them is its margin.

  3. Find the date and the source

    A rate belongs to a moment. Look for when it is valid and who published it.

  4. Confirm with the institution

    Before you act, ask the bank or the office for the price they will actually apply.

Guides

Read it through

Longer explanations, grouped on shelves.

  1. A flat illustration of Tower Bridge on the left and India Gate on the right, joined by a glowing arc against an orange sky. Sending Money from the UK to India: A Plain-English GuideA calm, practical overview of sending pounds from the UK to India: how transfers work, what affects the amount received, and what to check first.
  2. A smartphone on a wooden desk showing a pound sign, an arrow and a rupee sign. How to Compare Money Transfer Providers: The Criteria That MatterFee types, margin against the mid-market rate, speed, limits and regulation: a framework for comparing GBP to INR transfer providers fairly.
  3. How Exchange Rates Work: Pounds, Rupees and the Forces Behind ThemA plain explanation of how the GBP to INR exchange rate is set, why it moves, and why no tool can reliably predict it.
  4. Mid-Market Rate vs the Rate You Get: Understanding the GapWhat the mid-market rate is, why the rate offered to you differs, and how to measure the gap so you can compare pound to rupee transfers properly.
  5. Bank or Specialist Provider? Weighing Your Options for GBP to INRA balanced look at sending pounds to India through a bank versus a specialist transfer provider: convenience, cost, speed, support and protections.
  6. How to Read a Money Transfer Quote Before You SendA line-by-line guide to understanding a GBP to INR transfer quote: rate, fees, amount received, delivery time, conditions and the small print.
  7. NRI Bank Accounts Explained: A General Overview for UK-Based IndiansA general overview of NRE, NRO and related account types for non-resident Indians in the UK, and what to check with banks and official sources.
  8. Money Transfer Scams: How to Spot Them and Protect YourselfCommon scams that target people sending money between the UK and India, the warning signs to watch for, and what to do if something feels wrong.
  9. Transfer Checklist: Common Mistakes When Sending Pounds to IndiaA practical before-during-after checklist for sending pounds to India, plus the most common mistakes people make and how to avoid them.
  10. Using a Rate Tool and Rate Alerts Wisely for GBP to INRHow to use a pound to rupee rate tool and rate alerts sensibly: what they show, what they cannot do, and how to avoid common timing traps.

All the guides

Glossary

Terms: 35

A glossary of rate words

The words you meet around an exchange rate, in plain language.

Affiliate link
An affiliate link is a link that lets a website earn a commission if you sign up or buy after clicking it, usually at no extra cost to you. poundra...
AML
AML stands for anti-money laundering, the rules designed to stop criminal funds moving through the financial system. They are the reason a provider...
Correspondent bank
A correspondent bank is a bank that provides services to another bank in a different country, such as holding accounts and helping settle payments ...
Exchange rate
An exchange rate is the price of one currency expressed in another, for example how many Indian rupees one British pound buys. It moves continuousl...
FCA
The FCA, or Financial Conduct Authority, is the body that regulates the conduct of financial services firms in the UK. It keeps a public Financial ...
FCNR account
An FCNR account is a foreign currency non-resident deposit account, held in a foreign currency rather than in rupees. That makes it a different str...
Forward contract
A forward contract is an agreement to exchange a set amount of currency at a rate fixed today, on a date in the future. It gives certainty about th...
GBP
GBP is the international three-letter code for the pound sterling, the currency of the United Kingdom. It is the currency you pay in when you send ...
HMRC
HMRC, or His Majesty's Revenue and Customs, is the UK tax authority. It publishes guidance on how income, gifts, interest and gains may be taxed fo...
IBAN
An IBAN, or International Bank Account Number, is a standard account format used in the UK and in many other countries to identify an account in cr...
IFSC code
An IFSC code is an alphanumeric code that identifies a specific bank branch in India for electronic transfers. You normally need the recipient's IF...
INR
INR is the international three-letter code for the Indian rupee, the currency of India. It is the currency your recipient normally receives when yo...

The whole glossary

Questions

Frequently asked

Short answers to the questions asked most often. The longer explanations are in the guides.

Is a figure shown on this site a price I can trade at?

No. A figure is information, with its date and source beside it. The price you get is the one the institution quotes when you transact.

Why is the rate different at a bank and at a transfer provider?

Each provider sets its own buying and selling prices and adds its own margin or fee, so the same pound can be worth a little less in rupees at one than at another. The guides explain the mid-market rate and the gap.

Does this site tell me when to buy or sell?

No. It explains how a rate works and what to check. It gives no recommendation to buy, sell or wait.

Where can I check the current rate?

With the provider you will use, or in the reference rates that central banks publish. The guides say what to look for.

All questions