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 2 December 2024. Exchange rates between GBP and USD are subject to constant fluctuations due to global supply and demand dynamics. Staying informed about currency exchange rates can help individuals make informed decisions when converting currencies.
For a broader perspective, here are the exchange rates for GBP against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.54 | 1.54 |
| Canadian Dollar (CAD) | 1.40 | 1.40 |
| Chinese Yuan (CNY) | 7.27 | 7.27 |
| Euro (EUR) | 0.95 | 0.95 |
| Japanese Yen (JPY) | 149.51 | 149.51 |
| New Zealand Dollar (NZD) | 1.70 | 1.70 |
| 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. Keeping track of inter-bank currency rates can help individuals secure more favorable exchange rates.
For the most up-to-date information on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely updates on exchange rates. By staying informed about exchange rate fluctuations, individuals can make more informed decisions when converting currencies.
