The current exchange rate for British Pound to US Dollar stands at USD 0.79 for both buying and selling as per the open market rate, as of 24 November 2024. Exchange rates between GBP and USD are subject to constant fluctuations, influenced by global supply and demand dynamics. Staying informed about currency exchange rates can help individuals secure the best possible conversion rates.
For a broader perspective, here are the exchange rates for GBP against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.53 | 1.53 |
| Canadian Dollar (CAD) | 1.39 | 1.39 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.95 | 0.95 |
| Japanese Yen (JPY) | 154.18 | 154.18 |
| New Zealand Dollar (NZD) | 1.71 | 1.71 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
It is important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. This emphasizes the significance of staying updated on inter-bank currency rates to make informed decisions regarding currency exchange.
