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GBP-USD / British Pound to US Dollar


The British Pound to US Dollar conversion is the best known currency pair due to the value of the United States (the US dollar) it relates to, and is therefore one of the most traded currency pairs in forex markets.

More About GBP-USD / British Pound to US Dollar

Continue reading to learn more about:

What is Currency?
What is the easiest way to convert pounds to dollars?
What are the similarities between the British pound and the US dollar?
What is the current exchange rate between the British pound and the US dollar?
How do you trade GBP to USD pairs?


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What is Currency?


Currency is a symbol of exchange, in our case the US Dollar to British Pound. You can use it for buying things or selling things if you live in another country. In its most basic form it's a means of payment; an article or token that represents a translated form of value. There are many different types of currency such as coins, notes and cards.


 
 

What is the easiest way to convert pounds to dollars?


The British Pound to US Dollar currency converter allows you to quickly and easily convert between these two currencies. Simply specify an amount in British Pounds or in United States Dollars and the system will automatically calculate the conversion using today's international currency exchange rates.

 

What are the similarities between the British pound and the US dollar?

They're both used as their country's official currency, they are both traded on the foreign exchange market, and the exchange rate between them is constantly fluctuating.
 
  • How do you trade GBP to USD pairs?

    1. Exchange GBP for USD on the GBP to USD page.

    2. On the USD to GBP page, enter the sum you wish to receive in GBP (you can enter a minus sign with no spaces) on the right side of the page and click Buy above.

    3. The trade will be shown instantly in your account history, both at top and bottom of the page.
  • What is the current exchange rate between the British pound and the US dollar?

    The dollar is the second most popular currency in the world by value. The US Dollar has carried this position for over a century. It is predominantly used as a reserve currency, that means that it is held by governments, institutions and banks to back up their debts and assets. Today the dollar comes in two forms, it can be either physical cash or banknotes and coins or it can be digits on a screen, modern examples of which are known as digital dollars.