Currency.Wiki

1 British Pound Sterling to Yemeni Rial

Updated 7 minutes ago
Convert 1 GBP:YER
 GBP =
    YER
 British Pound Sterling =  Yemeni Rials
Trending: £ exchange rates for the last 24 hours
  • GBP/USD 1.263750 -0.00764964
  • GBP/EUR 1.181461 0.00798193
  • GBP/JPY 199.792492 12.27593764
  • GBP/CHF 1.142499 0.04724082
  • GBP/MXN 21.686069 -0.21044629
  • GBP/INR 105.399812 -0.32128705
  • GBP/BRL 6.465722 0.16988017
  • GBP/CNY 9.156624 0.13146944

GBP/YER exchange rate analysis over the past 90 days

British Pound Sterling to Yemeni Rial exchange rate: Over the last 90 days, the British Pound Sterling weakened by -0.62% against the Yemeni Rial, declining from YR318.3583 to YR316.4112 per British Pound Sterling. This trend reflects the evolving economic dynamics between the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey and the Yemen. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey and Yemen.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey and Yemen.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey or Yemen.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey relative to the Yemen.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

gbp/yer Historical Chart

£
British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

YR
Yemeni Rial Currency

Country: Yemen

Symbol: YR

ISO Code: YER

Bank: Central Bank of Yemen

Interesting fact about Yemeni Rial

The Yemeni Rial (YER) is the official currency of Yemen. It was introduced in 1996, replacing the North Yemeni rial and the South Yemeni dinar. With a fixed exchange rate since 2018, it has devalued significantly due to the ongoing civil war and economic crisis. The YER's significance lies in its role as the primary medium of exchange in Yemen's struggling economy, affected by inflation and a shortage of basic necessities.

Quick Conversion Guide

Frequently Asked Questions

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The British Pound Sterling to Yemeni Rial exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 GBP to YER is YR316.41.
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Yes, our site provides historical charts that show the trends and fluctuations in the British Pound Sterling to Yemeni Rial exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.