Convert British Pound Sterling to United States Dollar
Please provide values below to convert British Pound Sterling [GBP] to United States Dollar [USD], or Convert United States Dollar to British Pound Sterling.
How to Convert British Pound Sterling to United States Dollar
1 GBP = 0.7402 USD
Example: convert 15 GBP to USD:
15 GBP = 15 × 0.7402 USD = 11.103 USD
British Pound Sterling to United States Dollar Conversion Table
British Pound Sterling | United States Dollar |
---|
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.