- Definition of GBP. - GBP. stands for Abr. British pound, the main currency of the United Kingdom, its Crown Dependencies (the Isle of Man and the Channel Islands) and the British Overseas Territories of South Georgia and the South Sandwi.Where to exchange currency at the best rates?
The following are some of the best and least expensive places to convert currency: Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.Where is the best place to exchange foreign currency?
Visit a nearby large branch or ask your hotel concierge about the best local banks for exchanging currency. If your bank is affiliated with the foreign bank, such as a PNC branch, you may be able to exchange funds without added fees.How many American dollars equal a British pound?
1 British pound is equal to 1.6455 U.S. Dollars. 1 U.S. Dollar is equal to 0.6077 British pounds.