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On the 16th October 2018 the spot inter-bank market saw:

Open: 1 GBP = 1.3154 USD

Close: 1 GBP = 1.3185 USD

Average: 1 GBP = 1.3188 USD

Lowest: 1 GBP = 1.314 USD

Highest: 1 GBP = 1.3235 USD


Today's Live British Pound into U.S. Dollar Exchange Rate

Spot: 1 GBP = 1.2368 USD

Independent Provider: 1 GBP = 1.2281

Avge. UK Bank International Payment: 1 GBP = 1.1883 USD

Find out More About Variable Rates >>

 

GBP/USD Conversion Table History

See below quick comparision table showing how the most popular currency requirements for the British Pound / U.S. Dollar exchange rate conversions on the 16th of October compared.

British Pounds into U.S. Dollars U.S. Dollars into British Pound Date
1 GBP = 1.3185 USD 0.7584 GBP = 1 USD on 16/10/2018
5 GBP = 6.5925 USD 3.7920 GBP = 5 USD on 16/10/2018
10 GBP = 13.1850 USD 7.5840 GBP = 10 USD on 16/10/2018
15 GBP = 19.7775 USD 11.3760 GBP = 15 USD on 16/10/2018
20 GBP = 26.3700 USD 15.1680 GBP = 20 USD on 16/10/2018
25 GBP = 32.9625 USD 18.9600 GBP = 25 USD on 16/10/2018
50 GBP = 65.9250 USD 37.9200 GBP = 50 USD on 16/10/2018
100 GBP = 131.8500 USD 75.8400 GBP = 100 USD on 16/10/2018
500 GBP = 659.2500 USD 379.2000 GBP = 500 USD on 16/10/2018
1000 GBP = 1,318.5000 USD 758.4000 GBP = 1000 USD on 16/10/2018
2500 GBP = 3,296.2500 USD 1,896.0000 GBP = 2500 USD on 16/10/2018
5000 GBP = 6,592.5000 USD 3,792.0000 GBP = 5000 USD on 16/10/2018
10000 GBP = 13,185.0000 USD 7,584.0000 GBP = 10000 USD on 16/10/2018
25000 GBP = 32,962.5000 USD 18,960.0000 GBP = 25000 USD on 16/10/2018
50000 GBP = 65,925.0000 USD 37,920.0000 GBP = 50000 USD on 16/10/2018
100000 GBP = 131,850.0000 USD 75,840.0000 GBP = 100000 USD on 16/10/2018
250000 GBP = 329,625.0000 USD 189,600.0000 GBP = 250000 USD on 16/10/2018
500000 GBP = 659,250.0000 USD 379,200.0000 GBP = 500000 USD on 16/10/2018
1000000 GBP = 1,318,500.0000 USD 758,400.0000 GBP = 1000000 USD on 16/10/2018

Latest British Pound News

GBP LIVE TODAY

Pound Sterling Could Actually Rise if Bank of England Slashed Interest Rates to Below Zero says Analyst

29 May, 2020 |

Speculation has been growing over the course of May that the Bank of England could soon announce it will cut interest rates to below zero in its ongoing battle to stem the negative economic impacts of the coronavirus crisis.

GBP LIVE TODAY

Pound Sterling's Rise and Fall vs. Euro and Dollar on Brexit Headlines Confirms June will be a Rollercoaster

28 May, 2020 |

The British Pound is trading softer against the Euro, U.S. Dollar and other major currencies as foreign exchange market participants increase expectations that trade negotiations between the EU and UK will fail to result in a deal, following a briefing on the state of talks by the UK's chief negotiator.

GBP LIVE TODAY

Pound Sterling "Blown Off Course by Frosty Brexit Talks", Dips 0.5% against Euro and Dollar

27 May, 2020 |

The British Pound has suffered an abrupt shift in fortunes as it fell from top of the leaderboard amidst a fresh injection of nerves concerning the status of ongoing Brexit talks.

GBP LIVE TODAY

Pound Sterling advances against Euro and Dollar after EU Rows back on Fishing and Haldane Cools Negative Interest Rate Expectations

27 May, 2020 |

The British Pound advanced by over a percent against the U.S. Dollar and half a percent against the Euro as markets welcomed a bevvy of developments including rumours of progress on fishing in deadlocked EU-UK trade negotiations and a senior Bank of England policy maker quelled expectations for negative interest rates.

GBP LIVE TODAY

Lloyds Bank Warn of Next Potential Headwinds Facing the British Pound

26 May, 2020 |

With London markets returning to trade on Tuesday, investors will be met by a British Pound that has shown some resilience against the likes of the Euro and Dollar in their absence.

GBP LIVE TODAY

Pound Sterling Forecast: Morgan Stanley "Increasingly Bearish"

22 May, 2020 |

The British Pound enters the weekend almost unchanged against the Euro but 0.90% higher against the U.S. Dollar, however analysts at Wall Street investment bank Morgan Stanley say they expect further declines in the UK currency over coming days and weeks.

GBP LIVE TODAY

"Poor Old Sterling": Why Negative Interest Rates will Trigger Further Losses in the Pound's Value

21 May, 2020 |

The British Pound plumbed a fresh 7-week low against the Euro and underperformed the majority of its G10 rivals after the yield paid on government debt fell below 0% for the first time in history, While expectations continue to grow that the Bank of England would soon cut interest rates to below zero.

GBP LIVE TODAY

Pound Sterling's Tepid Recovery Stalls alongside Market Disappointment over Moderna Covid-19 Vaccine News

20 May, 2020 |

The British Pound's stock market-inspired recovery faded heading into the mid-week session, amidst ongoing analyst expectations that any strength in the UK currency is likely to be short lived.

GBP LIVE TODAY

Market Rebound Helps Sterling Recover, but Analysts say More Pressures Ahead

19 May, 2020 |

A strong rebound in global equity markets over the course of the past 24 hours has allowed the British Pound to stage a recovery against the Euro, U.S. Dollar and other major currencies, but analysts from investment banks such as Goldman Sachs, CBA and TD Securities are sceptical the recovery will last.

GBP LIVE TODAY

Haldane Signals Prospect of Negative Interest Rates at Bank of England, Move to Cap Sterling Upside

18 May, 2020 |

The British Pound rose by over a percent against the U.S Dollar and half a percent against the Euro at the start of the new week amidst a broad-based improvement in investor risk sentiment that swept global stock markets, commodities and risk-on currencies higher. However, concerns about negative interest rates at the Bank of England were raised by Andy Haldane over the weekend, and this could well limit upside impetus.

GBP LIVE TODAY

British Pound in 1.0% Drop News of Trade Negotiation Deadlock

15 May, 2020 |

The British Pound extended losses against the Euro, Dollar and other major currencies ahead of the weekend following confirmation that the EU and UK are at a deadlock in trade negotiations.

GBP LIVE TODAY

Pound Sterling Retreats in Sympathy with Trump-Inspired Stock Market Losses

15 May, 2020 |

The Pound is currently being driven by a combination of factors: 1) global market sentiment 2) Bank of England policy and 3) Brexit trade negotiations; all of which are proving unsupportive at present.