GBP/PLN exchange ratesPounds sterling are issued by the Bank of England. Apart from the most popular pound sterling, there are also other official currencies that function on territories under the jurisdiction of the United Kingdom. And so, we have currencies such as Falkland pounds, Saint Helena pound or Gibraltar pounds. The exchange rate of the British pound is very important to Poles who live in the United Kingdom.
Check the current exchange rate of Pound sterling
Best offer in Walutomat 5,1388 PLN
Best offer in Walutomat 5,1307 PLN
Average worldwide Pound sterling exchange rate
Forex quotations 5,1354 PLN
Last GBP / PLN exchange transactions
|How long ago||Exchange rate||Amount|
|2020-02-24 14:15||5,1315||100,00 GBP|
|2020-02-24 14:10||5,1322||168,05 GBP|
|2020-02-24 13:59||5,1323||73,81 GBP|
|2020-02-24 13:59||5,1323||199,19 GBP|
|2020-02-24 13:59||5,1323||713,52 GBP|
|2020-02-24 13:58||5,1377||1 326,42 GBP|
|2020-02-24 13:58||5,1396||922,54 GBP|
|2020-02-24 13:58||5,1397||47,43 GBP|
|2020-02-24 13:54||5,1341||36,96 GBP|
|2020-02-24 13:54||5,1383||1 169,69 GBP|
Total sum of exchanges in the last 10 days
|Day||Total sum of concluded transactions|
|2020-02-24||196 298,92 GBP|
|2020-02-23||35 515,56 GBP|
|2020-02-22||17 973,42 GBP|
|2020-02-21||294 354,59 GBP|
|2020-02-20||231 768,62 GBP|
|2020-02-19||182 768,55 GBP|
|2020-02-18||389 533,38 GBP|
|2020-02-17||311 152,23 GBP|
|2020-02-16||17 128,95 GBP|
|2020-02-15||73 223,67 GBP|
British pound – currency history
Pound sterling, also known as the British pound, is the oldest among the currently existing currencies in the world. The pound was introduced in 1158 by King Henry II – then, 1 pound was worth 0.37 kg of silver. Exchangeability of pound to silver functioned until 1816, when it was replaced with gold. During the Great Crisis, in 1931, the relations between pound and gold were dissolved.
Pounds heyday was in the 19th century and the beginning of the 20th century. After World War II, pound lost its leading position – while the US dollar gained the advantage. In 1966, the pound’s value declined so much that the British government introduced limits, which did not allow to take more than 50 pounds abroad.
Another significant event in the history of the pound was the 1992 „breaking of the Bank of England” by a world-renowned investor George Soros, who conducted speculation aimed at lowering the pound’s exchange rate, which led to the withdrawal of pound sterling from the ERM system, whose purpose is to stabilise the exchange rates between the EEC countries.
British pound – information about the currency
Pounds sterling are issued by the Bank of England. Apart from the most popular pound sterling, there are also other official currencies that function on territories under the jurisdiction of the United Kingdom. And so, we have currencies such as Falkland pounds, Saint Helena pound or Gibraltar pounds.
1 pound is 100 pence – however, this conversion rate has been around only for a few decades. Until 1971, 1 pound was worth 20 shillings, i.e. 240 pence. Currently, British coins have the following denominations: 1, 2, 5, 10, 20 and 50 pence as well as 1 and 2 pounds. The banknotes have the following values: 5, 10, 20 and 50 pounds. North Ireland and Scotland additionally has also 100-pound notes.
The contemporary pound note shows the face of Queen Elizabeth II (on the averse, there is always the portrait of the currently reigning monarch). On the reverse, you can find important historical figures, such as Adam Smith or Charles Darwin.
Although, the pound’s purchasing power has changed over the centuries, its very name testifies to its value – sterling means „excellent, reliable”.
Check the pound’s rate and exchange it in Walutomat
You earn money abroad and want to exchange pounds to PLN? Or maybe you’re going away and want to know the price of the pound? In Walutomat, you can check the current average Forex exchange rate, as well as purchase and sale prices of pound offered by the customers of our service. The price of pound is shown at the top of the page. The information is updated a few times a minute. Don’t forget to have a look at the charts and concluded offers. British pound is one of the most popular currencies at our service. This gives you the guarantee that you will always find pound exchange offers in Walutomat. Start monitoring prices and choose the pound exchange rate that you really want.