CURRENCY EXCHANGE RATE, GBP TO PKR, 19 SEPTEMBER 2024

Today, the currency exchange rate from the British pound to Pakistani Rupee (GBP to PKR) in the open market has decreased to 1 GBP equal to 367.6361 PKR. GBP to PKR is one of the most watched and searched currency rates in Pakistan today, In this article, mypricezone.com will keep you updated about the current conversion rates from GBP to PKR, and other currencies like GBP to USD, GBP to AUD, GBP to INR, etc.

CURRENCY	OPEN MARKET RATE
1 GBP TO PKR	367.63
1 GBP TO AUD	1.95
1 GBP TO CAD	1.80
1 GBP TO EUR	1.19
1 GBP TO USD	1.00
1 GBP TO BHD	0.4966
1 GBP TO OMR	0.3845
1 GBP TO INR	110.58
1 GBP TO KWD	0.4028

BRITISH POUND STERLING RATE TODAY

The British Pound or Pound Sterling is the currency of the United Kingdom and the 4th most traded currency, the British Pound is the 3rd most held reserve currency in the world. As per our currency rankings 1 GBP to PKR is one of the most popular British Pound exchange rates searched in Pakistan. According to Wikipedia “the ISO 4217 currency code for sterling is “GBP“, formed from the ISO 3166-1 alpha-2 code for the United Kingdom (“GB”) and the first letter of “pound”, and the currency symbol is £. Below, you’ll find British Pound rates in multiple currencies and a currency converter.

CURRENCY	CURRENCY CODE	SYMBOL	RATE IN GBP
Pakistan Rupee	PKR	$	0.0027
Bahrain Dinar	BHD	.د.ب	2.01
Canadian Dollar	CAD	$	0.5568
China Yuan	CNY	¥	0.1068
Danish Krone	DKK	Kr	0.1128
EURO	EUR	€	0.8416
Hong Kong Dollar	HKD	$ / HK$ / 元	0.0972
Indian Rupee	INR	₹	0.0090
Japanese Yen	JPY	¥	0.0053
Kuwaiti Dinar	KWD	ك	2.48
Malaysian Ringgit	MYR	RM	0.1784
NewZealand $	NZD	$	0.4702
Norwegians Krone	NOK	Kr	0.0715
Omani Riyal	OMR	ر.ع	1.97
Romanian New Lei	RON	lei	0.1694
Qatari Riyal	QAR	ر.ق	0.2080
Saudi Riyal	SAR	SR	0.2019
Singapore Dollar	SGD	$	0.5848
Swedish Korona	SEK	Kr	0.0743
Swiss Franc	CHF	CHF	0.8951
Thai Bhat	THB	฿	0.0227
U.A.E Dirham	AED	AED	0.2062
Australian Dollar	AUD	$	0.5124
US Dollar	USD	$	0.7572

Officially printed and used GBP notes are 5£, 10£, 20£, 50£, and 100£, (rarely used). The table below will show the rates of officially used notes in the United Kingdom according to the Pakistani Rupee.

CURRENCY	OPEN MARKET RATE
1 GBP TO PKR	367.63
5 GBP TO PKR	1,838.1432
10 GBP TO PKR	3,676.2863
20 GBP TO PKR	7,352.5726
50 GBP TO PKR	18,381.4316
100 GBP TO PKR	36,762.8632

Click here to check USD to PKR rate

CURRENCY CONVERTER

KEY FACTORS IMPACTING THE BRITISH POUND “GBP” RATE

Pakistan primarily follows a managed float system, that influences GBP to PKR rate in connection to market forces but with some contribution from the State Bank of Pakistan to maintain stability.

A few of the many important factors that are impacting directly the currency exchange rate in Pakistan are

Brexit Implications: The strength of the British Pound is directly impacted by post-Brexit economic policies and trade agreements.
Pakistan-UK Trade Relations: Bilateral trade agreements and economic cooperation between Pakistan and the United Kingdom influence the exchange rate.
Interest Rates: Interest rate differences between the United Kingdom and Pakistan impact investor behavior which also impacts GBP to PKR rate in Pakistan.

Additionally, Inflation Rate, Gross Domestic Product (GDP), Political Instability, Foreign Exchange Reserves, Speculation and Market Sentiment, and Geopolitical Events are a few of the many important factors that are impacting the GBP to PKR rate in Pakistan.

Conclusion

Today, the currency rate in Pakistan from GBP to PKR is influenced by a network of factors, including economic indicators, political instability, trade balance, foreign exchange reserves, and market sentiment. Understanding these factors and their interplay is crucial for businesses, investors, and individuals alike. It is highly suggested to stay updated with the variations in currency exchange rates to make valuable decisions.