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What is the mid-market rate of GBP (British Pound Sterling) / USD (US Dollar) on Monday December 7, 2020

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Get the current mid-market rate for GBP (British Pound Sterling) / USD (US Dollar) for Monday December 7, 2020 right here.


Monday December 7, 2020 1 GBP (British Pound Sterling) is 1.327519 of USD (US Dollar) .


Forex pairs explained


Forex trades are always made using currency pairs. Whenever you buy one currency you are selling another. In every pair there is a base currency, for example GBP (British Pound Sterling) and a quote currency, which would be USD (US Dollar).

The price of a currency pair represents the amount of quote currency, or USD (US Dollar), that you will need to spend in order to purchase a single unit of GBP (British Pound Sterling), the base currency. So using the current example you would need to spend 1.327519 of USD (US Dollar) in order to purchase 1 GBP (British Pound Sterling).

Forex pairs fall into three categories



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