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Reflecto USD to Pound Sterling Converter and calculator

Convert 1Reflecto USD (RUSD) to Pound Sterling (GBP) equals £ 0.7444 | Bitget
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Last updated 2024/12/25 02:39:41 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Reflecto USD(RUSD) to Pound Sterling(GBP). This is the real-time data. The current conversion shows 1 RUSD at a value of 1 RUSD for 0.74 GBP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

GBP information

About the Pound Sterling (GBP)

What Is the Pound Sterling (GBP)?

The Pound Sterling, commonly known as the sterling or pound and abbreviated as GBP, is the national currency of the United Kingdom (including England, Scotland, Wales, and Northern Ireland), the Isle of Man, South Sandwich Islands, Gibraltar, South Georgia, and the British Antarctic Territory. It holds the distinction of being the oldest currency still in continuous use today. The symbol for the pound is £, and it is divided into 100 smaller units called pence.

GBP is the fourth most traded currency in the foreign exchange market, following the US dollar, the euro, and the Japanese yen. It is also part of the basket of currencies used by the International Monetary Fund (IMF) to calculate its special drawing rights. The Bank of England, the central bank of the UK, is responsible for issuing and regulating the pound. While banknotes are issued in England and Wales by the Bank of England, Scotland and Northern Ireland have their own banknotes, which are not governed by the Bank of England but are accepted throughout the UK.

What Is the History of GBP?

The term "pound sterling" originates from the Latin word "libra," denoting balance and weight. The pound coin was first introduced in 1489 during the reign of Henry VII. The Bank of England, established in 1694, began issuing pound notes shortly thereafter. These notes were initially handwritten. The pound operated in a complex system of shillings and pennies until 1971 when the decimal system was adopted. The UK allowed the pound to float freely in the currency market in 1971, letting market forces determine its value. Despite the introduction of the euro in 2002, the UK chose to retain the pound as its currency.

Notes and Coins of GBP

The pound sterling is available in various denominations. Banknotes are issued in £5, £10, £20, and £50 denominations, with some being printed on polymer for durability. Coins are minted in 1p, 2p, 5p, 10p, 20p, 50p, £1, and £2 denominations.

What Is a Quid?

"Quid" is a slang term commonly used in the United Kingdom to refer to the British pound sterling (GBP), the currency of the United Kingdom. Its exact origin is unclear, but the most accepted theory is that it derives from the Latin phrase "quid pro quo," meaning "something for something," often used in financial and legal contexts. Another less substantiated theory links it to the Royal Mint in Quidhampton, Wiltshire. Over time, "quid" has become synonymous with "pound" in everyday British vernacular, used in the same informal manner as "bucks" is for dollars in the United States. Notably, the term remains singular regardless of the amount, so one would say "twenty quid" instead of "twenty quids."

Why Is GBP Worth More Than USD?

The British Pound (GBP) often holds a higher value than the US Dollar (USD) due to a combination of historical, economic, and market factors, rather than a direct reflection of the respective economies' strength. Historically, the GBP was the dominant currency in foreign exchange, with £1 fetching more than $5 before World War I. As of January 2024, the GBP continued to exhibit strength, maintaining a value of over 1.25 USD. This resilience is evident even after significant events like the 2007–2009 financial crisis, where the GBP peaked at just over 2.00 USD but later stabilized to 1.40–1.45. The impact of Brexit in 2016 further influenced this dynamic, causing a sharp fall in the GBP from the 1.40–1.45 range to 1.20–1.25, and reaching a 30-year low of about $1.05 in September 2022. This trend reflects the relative economic conditions of the UK and the US, with the UK facing challenges from Brexit and the US economy showing improvement. The total circulation of GBP is also much lower than that of USD, contributing to its higher nominal value.

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Bitget crypto-to-fiat exchange data shows that the most popular Reflecto USD currency pair is the RUSD to GBP, with for Reflecto USD's currency code being RUSD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GBP.

RUSD to GBP conversion rate trend

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Live Reflecto USD (RUSD) price chart
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In the past 1D, Reflecto USD has changed -0.57% to GBP. Based on the trend and price charts, Reflecto USD(RUSD) has changed -0.57% to GBP while Pound Sterling(GBP) has changed +0.58% to RUSD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
£0.7444
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/25 00:35:05(UTC+0)

How to buy Reflecto USD

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy Reflecto USD (RUSD)
Use a variety of payment options to buy Reflecto USD on Bitget. We'll show you how.

Buy RUSD (or USDT) for GBP (Pound Sterling) offers

Bitget P2P trading does not currently support direct buying of RUSD with GBP. However, you can buy USDT in Bitget P2P trading first, and then buy RUSD with USDT via Bitget spot market.
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Sell RUSD (or USDT) for GBP (Pound Sterling) offers

Bitget P2P trading currently does not support direct selling of RUSD to GBP. However, you can first exchange RUSD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Reflecto USD to Pound Sterling?

Reflecto USD to Pound Sterling is falling this week.
Reflecto USD's current market price is £ 0.7444 per RUSD, with a total market cap of £ 0 GBP based on a circulating supply of -- RUSD. The trading volume of Reflecto USD has changed by -100.00% (£ -- GBP) in the last 24 hours. Last trading day, RUSD's trading volume was £ --.
Market cap
$0
24h volume
$0
Circulating supply
0 RUSD

Conversion tables

The exchange rate of Reflecto USD is decreasing.
1 RUSD is currently valued at £ 0.7444 GBP , which means buying 5 RUSD will cost £ 3.72 GBP . Similarly, £1 GBP can be traded for 1.34 RUSD, and £50 GBP can be converted to 67.17 RUSD, excluding any platform or gas fees.
The exchange rate of 1 RUSD to Pound Sterling has changed by -3.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.57%, reaching a high of 0.7288 GBP and a low of 0.7200 GBP . One month ago, the value of 1 RUSD was £ 0.8201 GBP , which represents a -9.46% change from its current value. Over the last year, Reflecto USD has changed by
-£
0.1093GBP
, resulting in a change of -13.11% in its value.

RUSD to GBP

Amount
02:39 am today
0.5 RUSD
£0.3722
1 RUSD
£0.7444
5 RUSD
£3.72
10 RUSD
£7.44
50 RUSD
£37.22
100 RUSD
£74.44
500 RUSD
£372.2
1000 RUSD
£744.4

GBP to RUSD

Amount02:39 am today
0.5GBP0.6717  RUSD
1GBP1.34  RUSD
5GBP6.72  RUSD
10GBP13.43  RUSD
50GBP67.17  RUSD
100GBP134.34  RUSD
500GBP671.68  RUSD
1000GBP1,343.35  RUSD

Today vs. 24 hours ago

Amount02:39 am today24 hours ago24h change
0.5 RUSD$0.4666$0.4692
-0.57%
1 RUSD$0.9332$0.9384
-0.57%
5 RUSD$4.67$4.69
-0.57%
10 RUSD$9.33$9.38
-0.57%
50 RUSD$46.66$46.92
-0.57%
100 RUSD$93.32$93.84
-0.57%
500 RUSD$466.59$469.21
-0.57%
1000 RUSD$933.19$938.43
-0.57%

Today vs. 1 month ago

Amount02:39 am today1 month ago1M change
0.5 RUSD$0.4666$0.5140
-9.46%
1 RUSD$0.9332$1.03
-9.46%
5 RUSD$4.67$5.14
-9.46%
10 RUSD$9.33$10.28
-9.46%
50 RUSD$46.66$51.4
-9.46%
100 RUSD$93.32$102.8
-9.46%
500 RUSD$466.59$514.02
-9.46%
1000 RUSD$933.19$1,028.05
-9.46%

Today vs. 1 year ago

Amount02:39 am today1 year ago1Y change
0.5 RUSD$0.4666$0.5351
-13.11%
1 RUSD$0.9332$1.07
-13.11%
5 RUSD$4.67$5.35
-13.11%
10 RUSD$9.33$10.7
-13.11%
50 RUSD$46.66$53.51
-13.11%
100 RUSD$93.32$107.02
-13.11%
500 RUSD$466.59$535.1
-13.11%
1000 RUSD$933.19$1,070.19
-13.11%

Reflecto USD price prediction

What will the price of RUSD be in 2025?

Based on RUSD's historical price performance prediction model, the price of RUSD is projected to reach $1.42 in 2025.

What will the price of RUSD be in 2030?

In 2030, the RUSD price is expected to change by +5.00%. By the end of 2030, the RUSD price is projected to reach $1.83, with a cumulative ROI of +95.76%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.