How to Convert 20 Gbp to Usd

Obtain the GBP/USD exchange rate in order to convert pounds to dollars.

Great British Pounds (GBP) are the units of Great Britain's currency. Also referred to as cable or pound sterling, GBP is one of the most popular currencies in the world. If you have 20 GBP and find yourself in need of United States dollars (USD), you will need to convert your pounds into U.S. dollars. Since currency values are ubiquitous and fluctuate over time, the most challenging part about converting 20 GBP to USD is obtaining a reliable exchange rate.

Instructions

1. Determine the exchange rate for converting GBP to USD. This is denoted as USD/GBP in financial media. You can find this quote in your favorite financial newspaper, website or your local bank. Websites include the Wall Street Journal, OANDA and The Financial Times. For this example, let's say the USD/GBP exchange rate is .64131.

2. Divide the number of GBP by the current exchange rate. Twenty GBP divided by the exchange rate of 0.64131 will give you 31.1861658 USD.

3. Verify with an online currency calculator. Most financial or foreign exchange websites also provide a currency converter.

References

• Wall Street Journal: Exchange Rates: New York Closing Snapshot
• FT: Markets

Resources

• Oanda: Currency Converter