𝐈𝐍𝐑 𝐭𝐨 𝐆𝐁𝐏: Indian Rupee To British Pound Conversion

INR and GBP are used for Indian Rupees and British pounds respectively. These two currencies are different from each other in terms of their value, usage, etc. Therefore, the conversion process of these two currencies i.e., rupees to pounds can become a difficult task to perform. This blog is the perfect stop for you as it will help you discover everything from their overview,  history, conversion along with forecast reports. 

Overview of INR(Indian Rupee)

INR or the Indian Rupee as we all mention is the formal currency that is used in India. Further, this rupee has been subdivided into hundred (100) paisa since 2019. The lowest value denomination of one rupee coin, for now, is the lowest value that is currently in use. The currency of the country is handled through RBI or the Reserve Bank of India. It also plays a major role in the country’s currency management as per the guidelines provided by RBI Act 1934.  The symbol used for the Indian rupee is ₹.

History of INR(Indian Rupee)

The fact that the Indian Rupee is practised at such a tremendous rate, evokes curiosity about its evolution through decades.Starting from the 6th century, the Indian currency had to go through a lot of ups and downs.  

The other interesting thing to discover about the currency is that ancient India was the oldest country that issued the coins first with Lydian Staters and Chinese Wen. 

Chanakya who wrote Arthashastra in the 340 to 290 BCE, also includes the usage of gold, copper and silver along with other lead coins that are supposed to be purchased in the Mauryan Dynasty. 

During the 18th and 19th century, the Indian Rupee had to face a lot more struggles under British rule. Therefore, according to the record back in the year the 1900s, the Britishers also did an experiment that was initiated in the country to standardise the usage of currency in the country. Although, in the end, the experiment didn’t turn out the way it was supposed to. But as time passed, the currency made its mark and the range is here for everyone to witness. 

Overview of GBP(British Pound)

GBP is the currency that is used in the United Kingdom. GBP or British Pound Sterling is known to trade in high volumes all over the world. This GBP trade only in the U.S dollar, Japanese yen, and euro. GBP is an abbreviation that is used for British pound sterling. Apart from this, the symbol used for the pound is £.

History of GBP(British Pound)

The British Pound or GBP was first used in the year 760. This is the reason this currency is known as the oldest currency all over the world. GBP is a currency that is still used as a legal tender in the entire world. The GBP was announced as an official currency of the U.K at the time when Scotland & England decided on forming a single country in the year 1707. 

Apart from its usage in the U.K, the GBP was also used as a currency in other parts which included the British Empire – Australia, Canada & New Zealand before 1855. 

Indian Rupee to Pounds Forecast

Convert INR to GBP

The conversion process can sometimes be a difficult task to perform, especially when one is not fully familiar with their relationships or the concept. But now that we have gone through its overview and history. Therefore, understanding the conversion process of the same will now be an easy task to perform. 

To convert INR to GBP, you simply need to multiply the value of GBP which is 0.0099 with INR. 

To clearly get a know-how of the same, listed below are some examples to make the conversion process simpler.

Examples to Convert from INR to GBP

Example1: Convert 88 INR to GBP

Solution: After placing the value of INR into the formula above, the result will be

GBP = 88 X 0.0099 = 0.8712 GBP

Therefore, 88 INR is equal to 0.8712 GBP. 

Example2: Convert 88 INR to GBP

Solution: After placing the value of INR into the formula above, the result will be

GBP = 67 X 0.0099 = 0.6633 GBP 

Therefore, 67 INR is equal to 0.6633 GBP. 

Example3: Convert 54 INR to GBP

Solution: After placing the value of INR into the formula above, the result will be

GBP = 54 X 0.0099 = 0.5346 GBP

Therefore, 54 INR is equal to 0.5346 GBP. 

Example4: Convert 96 INR to GBP

Solution: After placing the value of INR into the formula above, the result will be

GBP = 96 X 0.0099 = 0.9504 GBP 

Therefore, 96 INR is equal to 0.9504 GBP. 

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Example5: Convert 100 INR to GBP

Solution: After placing the value of INR into the formula above, the result will be

GBP = 100 X 0.0099 = 0.99 GBP

Therefore, 100 INR is equal to. 0.99 GBP.

Difference Between INR and GBP

INR to GBP Conversion Chart

Note: The currency values conversion rates are taken as of 24th January 2022.

FAQs about Convert INR to GBP