About this pair
GBP/XPD: what to know
The GBP/XPD rate shows how much XPD you get for 1 GBP. Right now, 1 GBP buys 0.00103769 XPD at the mid-market rate. In the other direction, 1 XPD is worth 963.6799 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while XPD responds to auto demand and tight supply.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.