Convert US Dollar to British Pound Sterling
Convert US Dollar (USD) to British Pound Sterling (GBP) using daily updated exchange rates.
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Exchange Rate
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About US Dollar
The US Dollar (USD) is the world's primary reserve currency, used in approximately 88% of all foreign exchange transactions globally. Introduced in 1792 with the Coinage Act, the dollar became the cornerstone of the international monetary system under the 1944 Bretton Woods Agreement. Even after the gold standard was abandoned in 1971, the dollar maintained its dominant status - oil and most global commodities are priced in dollars, and major sovereign debt is primarily denominated in USD. The Federal Reserve System (Fed) manages US monetary policy.
About British Pound Sterling
The British Pound Sterling (GBP), symbolised by the pound sign "£", is the world's oldest currency still in use, with roots dating to Anglo-Saxon England in the 8th century. It is the fourth most traded currency in global forex markets and the third largest reserve currency after the US Dollar and Euro. The Bank of England, established in 1694, is the world's second oldest central bank and manages UK monetary policy. The pound is divided into 100 pence. Following Brexit in 2020, the UK maintains full monetary independence.
Quick Reference Table
| US Dollar (USD) | British Pound Sterling (GBP) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).