The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
GBP to RUB Market Data
British pound (GBP) to Russian ruble (RUB) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to RUB Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Russian ruble is to review how the GBP/RUB rate has changed over time.
The table below shows the percentage change in the GBP to RUB exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The GBP/USD exchange rate currently leans bullish, primarily supported by recent signals from the Bank of England (BoE) indicating a cautious approach...
Current market bias: The GBP to RUB exchange rate is range-bound.
Key drivers:
- The Bank of England's projected interest cuts contrast with the Bank of Russia's high key rate, creating a significant interest rate differential.
- The UK's economic growth is slowing to around 1.4%, which may soften the pound.
- UK inflation trends suggest easing ahead, influencing BoE rate decisions.
In the near term, expect GBP to RUB to trade within a moderate range near recent prices around 106.1, reflecting notable volatility of 10.5% over recent months.
An upside risk could emerge from unexpectedly strong UK retail sales boosting the pound, while a downside risk includes a significant decline in Russian economic growth, potentially further weakening the ruble.
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GBP to RUB: Currently range-bound. Interest cuts by BoE vs. high rates from Bank of Russia create a significant interest gap. UK growth is slowing; inflation easing. Watch for retail sales to impact GBP, while Russian growth concerns could weaken RUB. #Forex #CurrencyUpdate
@bestfxrates
GBP to RUB Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Russian ruble across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to RUB?
The best GBP to RUB exchange rate is 106.58 from Wise. This is -0.75% compared to the mid-market rate 107.39.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Russian ruble (RUB) rates from different sources before making a conversion.
The above
Sterling to Ruble comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest GBP-RUB mid-rate and the possible savings of using various providers.
How do GBP-RUB rates compare between providers?
Looking at the full
GBP to RUB - Send Money comparison table the provider with the best GBP to RUB exchange rate is Wise at 106.58, -0.75% from the latest mid-market rate 107.39.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.