Course British Pound

Current average rate GBP

Current rate GBP/PLN: 4,2520

Range:

24 hours

Week

Month

3 months

6 months

1 year

5 years

Since 2000

Chart type:

Line chart

Bar chart

Candlestick chart

Set up a rate notification GBP/PLN

How is the average pound sterling exchange rate calculated at the National Bank of Poland?

The average GBP exchange rate in the NBP tables is based on data from the wholesale market and is published as an information value. It is a reference rate, useful for settlements and analyses, but is not a transaction rate. It does not take into account the spread or service costs that appear in the offers of banks and currency exchange offices.

What is the current GBP to PLN exchange rate?

GBP/PLN can change during the day, and the exchange rate depends on the source: market quotations, the National Bank of Poland table or an exchange offer with a buy and sell rate. When dealing with the pound, you will often notice that transaction offers vary in the width of the ranges, because liquidity and current demand for GBP can have a stronger impact on retail valuations. Therefore, it is worth comparing several places if the goal is to exchange.

What is the difference between the pound sterling exchange rate from the National Bank of Poland and the exchange rate at currency exchange offices?

The National Bank of Poland publishes the average rate as a reference point, and currency exchange offices operate on two rates (buy/sell) with a built-in spread. In GBP, differences in practice result not only from the margin, but also from current liquidity and how quickly institutions update price lists. Therefore, the reference rate does not show the conditions at which you will actually buy or sell pounds.

How to check the current GBP rate online?

It is best to compare the reference rate from the tables of the National Bank of Poland with market quotations, and if you are planning an exchange - to compare transaction offers. When dealing with the pound, pay attention to the selling and buying rates, because they determine the cost, and differences in the spread may depend on the availability of the currency and the policy of a given institution.

What does the GBP buying and selling rate mean?

The buying rate indicates the price at which the institution will buy GBP from the client, and the selling rate indicates the price at which it will sell it. The spread is natural and in practice determines how much a quick exchange costs. In the case of GBP, spreads may be more pronounced when the market is more volatile or when the institution has a limited supply of the pound.

What determines the exchange rate of the pound sterling against the Polish zloty?

It is influenced by, among others: decisions of the Bank of England, data on inflation and economic activity, and market expectations regarding monetary policy. Local factors in Poland and investor sentiment in the region are also important when paired with PLN. Additionally, GBP can be sensitive to surprises in macro data and changes in risk appetite.

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