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British Pound (GBP) — currency guide

Explore the pound through Bank of England banknotes: from early paper promises to polymer and the portraits of two monarchs. Use the chart and calculators to connect that history with today’s exchange rate.

1 GBP = 1.3315 USD +0.04%
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At a glance

Symbol
£ · GBP
Central bank
Bank of England
Used in
United Kingdom
Subunit
100 pence

Exchange-rate chart · GBP/USD

1.3315USD
+0.04%

The chart shows the value of 1 GBP in USD. It uses the available recorded observations, which may cover only part of a selected period. The historical timeline below is separate from the rate archive.

Look up a historical rate →

History and milestones

  1. 1694

    The Bank of England begins

    The Bank of England is founded and begins issuing banknotes soon afterwards. This is a milestone for the issuer, not the birth of the pound.

    Source: Bank of England · banknote history
  2. 2016

    The first polymer £5

    The Bank of England’s polymer £5 featuring Winston Churchill enters circulation on 13 September.

    Source: Bank of England · polymer £5
  3. 2022

    Paper £20 and £50 are withdrawn

    30 September is the final day to use the Bank of England’s paper £20 and £50 as legal tender.

    Source: Bank of England · paper-note withdrawal
  4. 2024

    King Charles III banknotes

    Banknotes carrying King Charles III’s portrait enter circulation on 5 June.

    Source: Bank of England · Charles III notes

Banknote guide

Banknote information checked: 2026-09-08. See the issuer’s linked guidance for current exchange procedures.

Banknote denominations · GBP

  • 5 GBP
  • 10 GBP
  • 20 GBP
  • 50 GBP

Find your banknote

Choose a denomination and series. This guide covers circulating designs and selected older series, not every collector variant.

12 of 12 reviewed designs

Only the listed series and motifs are reviewed here; print variants and full banknote history are not catalogued. A matching design does not confirm authenticity. Inspect security features using the issuer’s guide.

Two monarchs in circulation

Polymer notes with Queen Elizabeth II remain valid alongside notes featuring King Charles III. You do not need to replace a note because of its royal portrait.

Source: Bank of England · banknote questions

Exchanging withdrawn paper notes

The Bank of England offers exchange of its withdrawn notes without a deadline. Check its current instructions, identification requirements and available exchange methods before visiting or posting notes.

Source: Bank of England · exchanging old notes

Practical questions

Must I exchange notes with Elizabeth II?

No, if they are the current polymer Bank of England notes. Distinguish the material and series from the portrait: older paper notes have been withdrawn.

Source: Bank of England · banknote questions
Does this guide cover Scottish banknotes?

This guide covers Bank of England notes. For a note issued by a Scottish or Northern Irish bank, check with that issuer; the Bank of England exchanges only its own notes.

Source: Bank of England · banknote questions
How do I compare a pound exchange offer?

Use the same amount and direction of exchange for each offer. Enter the provider’s quoted rate and fee in the transfer-cost calculator below.

Use this currency

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Sources and verification

Live table

1 GBP in other currencies

Currency 1 GBP → 1 → GBP Since previous daily snapshot
US
USD
US Dollar
1.3315 0.7510 +0.04%
EU
EUR
Euro
1.1869 0.8425 +0.01%
JP
JPY
Japanese Yen
211.0816 0.00473750 +0.04%
CH
CHF
Swiss Franc
1.0999 0.9092 -0.07%
AU
AUD
Australian Dollar
1.9078 0.5242 +0.09%
CA
CAD
Canadian Dollar
1.8765 0.5329 -0.06%
CN
CNY
Chinese Yuan
8.9094 0.1122 —
NZ
NZD
New Zealand Dollar
2.3502 0.4255 +0.04%
PL
PLN
Polish Zloty
5.1871 0.1928 +0.01%
SE
SEK
Swedish Krona
13.1990 0.0758 -0.04%
NO
NOK
Norwegian Krone
12.5364 0.0798 -0.05%
DK
DKK
Danish Krone
8.8726 0.1127 +0.01%
CZ
CZK
Czech Koruna
28.8808 0.0346 -0.01%
HU
HUF
Hungarian Forint
430.4945 0.00232291 -0.04%
RO
RON
Romanian Leu
6.3209 0.1582 +0.01%
TR
TRY
Turkish Lira
66.0065 0.0152 +0.05%
HK
HKD
Hong Kong Dollar
10.4496 0.0957 +0.04%
SG
SGD
Singapore Dollar
1.7036 0.5870 +0.01%
IN
INR
Indian Rupee
126.3909 0.00791196 -0.03%
TH
THB
Thai Baht
44.7281 0.0224 —
ZA
ZAR
South African Rand
21.8657 0.0457 +0.03%
MX
MXN
Mexican Peso
24.5356 0.0408 +0.05%
BR
BRL
Brazilian Real
6.7104 0.1490 —
KR
KRW
South Korean Won
1,768.50 0.000565452 -0.15%
AE
AED
UAE Dirham
4.8900 0.2045 +0.04%
AR
ARS
Argentine Peso
2,029.74 0.000492674 +0.06%
CL
CLP
Chilean Peso
1,305.40 0.000766048 —
CN
CNH
Offshore Yuan
8.8964 0.1124 +0.01%
CO
COP
Colombian Peso
4,217.64 0.000237099 +0.01%
ID
IDR
Indonesian Rupiah
24,209.27 0.0000413065 +0.04%
IL
ILS
Israeli Shekel
4.1327 0.2420 +0.04%
IS
ISK
Icelandic Krona
161.7420 0.00618269 —
MY
MYR
Malaysian Ringgit
5.4387 0.1839 —
PH
PHP
Philippine Peso
83.9096 0.0119 +0.06%
RS
RSD
Serbian Dinar
139.3335 0.00717702 —
RU
RUB
Russian Ruble
110.1855 0.00907561 +0.05%
UA
UAH
Ukrainian Hryvnia
59.9327 0.0167 —
VN
VND
Vietnamese Dong
34,141.28 0.0000292901 —
XA
XAU
Gold (troy oz)
0.000322237 3,103.30 +0.05%
XA
XAG
Silver (troy oz)
0.0234 42.6978 +0.11%
XP
XPT
Platinum (troy oz)
0.000813349 1,229.48 +0.18%
XP
XPD
Palladium (troy oz)
0.00119616 836.0057 +0.43%
BT
BTC
Bitcoin
0.0000163280 61,244.38 +0.42%
ET
ETH
Ethereum
0.000555968 1,798.66 +0.48%
LT
LTC
Litecoin
0.0224 44.6110 +0.47%
XR
XRP
XRP
1.0280 0.9727 +0.61%
BC
BCH
Bitcoin Cash
0.00477363 209.4840 +0.55%
DA
DASH
Dash
0.0268 37.3726 +1.12%
mid-market