About this pair
XPD/GBP: what to know
The XPD/GBP rate shows how much GBP you get for 1 XPD. Right now, 1 XPD buys 963.6799 GBP at the mid-market rate. In the other direction, 1 GBP is worth 0.00103769 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while GBP responds to Bank of England policy and the UK economy.
Palladium is used mainly in petrol-engine catalytic converters. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
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.