GBP/USD Exchange Rates

Stay up to date with the latest Pound Sterling to US Dollar exchange rates, all in one place. Whether you’re sending money overseas, receiving funds from United Kingdom, or just tracking the market, we make it easy to see how the GBP is performing against the USD. Our insights are useful for anyone making personal or business transfers, as well as travellers, investors, and anyone keeping an eye on the GBP to USD exchange rate.

Mid-Market Exchange Rate

£
1.00 British Pound =1.15 Euros
1.00 BGR =1.15300946 EUR
1.00 EUR =0.85300946 BGR
Our currency converter displays mid-market exchange rates. You won’t receive these rates when making transfers.
Last updated:  Jan 1, 2024

Exchange rates move constantly, shifting throughout the day with global markets, central bank decisions, and wider economic trends. For anyone sending money from United Kingdom to United States, these fluctuations can significantly affect how much arrives at the other end. Keeping track of the latest GBP to USD movements allows you to time your transfer more effectively, so you can make the most of stronger rates

See live transfer rates and what you’ll pay

Understanding the mid-market rate is a great starting point, but the real savings come from comparing what providers actually offer. Use our tool to discover the live exchange rates and total costs from leading providers.

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Popular Conversions

This table provides a quick reference for GBP/USD and USD/GBP conversions, showing at a glance how much you’d get in the other currency for different amounts. On the left, you’ll see the US Dollar (USD) value for various Pound Sterling (GBP) amounts, and on the right, the reverse. It’s a handy guide to see how the GBP/USD exchange rate works across a range of values.

Currency Comparison

This table offers a side-by-side look at the Pound Sterling (GBP) and the US Dollar (USD), covering key facts about each currency. You’ll find details like their names, symbols, nicknames, minor units, and the countries where they’re used. It also shows which central bank issues them, when they were introduced, and how they rank globally in terms of usage. It’s a quick way to get familiar with the background of both currencies.

Basic DetailsGBPUSD
NameBritish PoundUS Dollar
NicknameSterling, QuidGreenback, Buck, Grand
Symbol£$
Minor UnitPennyCent
Minor Unit Symbolpc
CountryUnited KingdomUnited States
Central BankBank of EnglandFederal Reserve System (Fed)
Year Introduced16941792
Countries of UsageUK, British Overseas TerritoriesEcuador, El Salvador, Puerto Rico, U.S. Virgin Islands (and others)
Major Currency Rank41

Pound Sterling to US Dollar Trend

This interactive chart tracks GBP/USD trends over the past year, showing how the Pound Sterling has moved against the US Dollar. You can adjust the time range (7, 14, or 60 days) to zoom in on recent GBP to USD exchange rate movements and spot short-term patterns. Hover over any point to see the exact exchange rate and date, with the percentage change for your chosen period displayed clearly in the top corner for quick reference.

Chart placeholder

Historical Rates for GBP/USD

This table shows the historical exchange rate ranges for the GBP/USD currency pair over different time periods. For each period, you can see the lowest and highest rates recorded, giving you a sense of how the exchange rate has moved over time: from today, the past few days, up to the last 10 years, and even all time data. It’s a useful way to spot long-term trends or compare how the rate has shifted more recently.

PeriodLowHigh
Today1.11111.2222
Past 7 Days1.11111.2222
Past 30 Days1.11111.2222
Past 60 Days1.11111.2222
Past 10 Years1.11111.2222
All time1.11111.2222

GBP/USD History

2026

In 2026, the average GBP/USD exchange rate was approximately 1.3453

The GBP/USD hit its highest point of the year on January 27, 2026, when the rate was approximately 1.3848

Its lowest point came on June 24, 2026, when the rate was approximately 1.3165

2011-2025

Between 2011-2025, the average GBP/USD exchange rate was approximately 1.3948.

The highest GBP/USD rate in this period was on July 2, 2014, when the rate was 1.7162.

The lowest GBP/USD rate in this period was on September 27, 2022, when the rate was approximately 1.0726.

The latest GBP/USD exchange rate is currently:

Amount
1.000
GBPGBP
Converted to
1.111
USDUSD
Date
22 July 2024
1.000GBP
=
1.111USD

Factors Influencing Future Movements

Some of the main factors set to influence the GBP/USD exchange rate are:

  • Economic Growth:The British Pound’s value against the US Dollar is strongly influenced by the relative performance of the UK and U.S. economies. The UK is projected to grow by around 1.4% in 2025 and 1.6% in 2026, while the United States is expected to expand by 2.2% in 2025 and 2.0% in 2026. The US’s stronger growth outlook may lend support to the dollar, while the UK’s more modest trajectory leaves sterling sensitive to shifts in domestic demand and external trade conditions.
  • Interest Rates: Monetary policy divergence between the Bank of England (BoE) and the U.S. Federal Reserve is a key driver of GBP/USD. By the end of 2026, the UK’s base interest rate is forecast at around 3.25%, compared with the Fed’s policy rate of about 3.75%. This interest rate gap may support the USD, though both currencies remain highly responsive to inflation trends and forward guidance from their respective central banks.
  • Trade Dynamics: The U.S. is one of the UK’s largest trading partners, with strong flows in services, financial products, aerospace, and manufactured goods. Despite not having a formal free trade agreement, both sides maintain deep economic ties, and periodic negotiations about closer trade arrangements remain on the agenda. For the U.S., trade with the UK represents an important services market, while for the UK, expanding access to the American economy is central to its post-Brexit trade strategy. Developments in transatlantic trade policy can therefore directly affect GBP/USD.
  • Global Market Sentiment: The US Dollar is regarded as the world’s primary reserve and safe-haven currency, while the pound is more sensitive to domestic politics and investor sentiment around the UK economy. By 2026, 10-year U.S. Treasury yields are projected at about 4.2%, compared with 3.9% for UK gilts, giving the dollar a modest yield advantage. In periods of global uncertainty, investors typically favor the USD, while in more stable market conditions, sterling can recover ground if UK fundamentals hold steady.

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