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Speedy to Pound Sterling Converter and calculator

Convert 1Speedy (SPEEDY) to Pound Sterling (GBP) equals £ 0.{5}1589 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Speedy(SPEEDY) to Pound Sterling(GBP). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.00 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 Speedy currency pair is the SPEEDY to GBP, with for Speedy's currency code being SPEEDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GBP.

SPEEDY to GBP conversion rate trend

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In the past 1D, Speedy has changed -25.66% to GBP. Based on the trend and price charts, Speedy(SPEEDY) has changed -25.66% to GBP while Pound Sterling(GBP) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
£0.{5}1589
0.0003% / 0.0004%vip-iconVIP
Last updated 2024/06/13 14:27:43(UTC+0)

How to buy Speedy

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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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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Speedy (SPEEDY)
Use a variety of payment options to buy Speedy on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of SPEEDY with GBP. However, you can buy USDT in Bitget P2P trading first, and then buy SPEEDY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
c
cryptoByAKVerified Merchant
6 tradesCompletion rate 100.00%
0.8 GBP
Amount26.82 USDT
Limit21.45 - 21.45 GBP
Bank TransferSkrillFaster Payments
Buy
X
XCHAINGERGolden merchantVerified Merchant
70 tradesCompletion rate 74.00%
0.81 GBP
Amount10000 USDT
Limit600 - 8100 GBP
Bank TransferRevolutZenFaster Payments
Buy
1
1st-traderVerified Merchant
17 tradesCompletion rate 94.00%
0.82 GBP
Amount871.34 USDT
Limit50 - 1400 GBP
Bank TransferWiseZenFaster Payments
Buy
L
La DoshVerified Merchant
91 tradesCompletion rate 90.00%
0.83 GBP
Amount4871.86 USDT
Limit100 - 4083 GBP
Bank TransferRevolutWiseFaster Payments
Buy
P
PromptVerified Merchant
6 tradesCompletion rate 75.00%
0.83 GBP
Amount1713.79 USDT
Limit150 - 1672 GBP
Revolut
Buy

Sell SPEEDY (or USDT) for GBP (Pound Sterling) offers

Bitget P2P trading currently does not support direct selling of SPEEDY to GBP. However, you can first exchange SPEEDY for USDT in the Bitget spot market, and then sell USDT to GBP in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
B
BGUSER-9P9CZF6FVerified Merchant
0 tradesCompletion rate 0.00%
0.8 GBP
Amount5000 USDT
Limit3200 - 4000 GBP
Wise
Sell
V
Vivip2pVerified Merchant
10 tradesCompletion rate 67.00%
0.78 GBP
Amount173.08 USDT
Limit50 - 135 GBP
Wise
Sell
L
La DoshVerified Merchant
91 tradesCompletion rate 90.00%
0.78 GBP
Amount82710.27 USDT
Limit500 - 2000 GBP
Bank TransferSkrillRevolutWiseZenFaster Payments
Sell
F
Fast_Payments_WizVerified Merchant
2 tradesCompletion rate 50.00%
0.78 GBP
Amount47223.07 USDT
Limit1000 - 10000 GBP
Bank TransferRevolutWiseFaster Payments
Sell
!
!!UK-EXCHANGE!!Verified Merchant
2 tradesCompletion rate 100.00%
0.78 GBP
Amount20000 USDT
Limit500 - 15000 GBP
Bank TransferRevolutWiseFaster Payments
Sell

What factors influence the conversion rate of Speedy to Pound Sterling?

Speedy to Pound Sterling is falling this week.
Speedy's current market price is £ 0.{5}1589 per SPEEDY, with a total market cap of £ 0 GBP based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by +66.63% (£ 62,241.5 GBP) in the last 24 hours. Last trading day, SPEEDY's trading volume was £ 93,417.
Market cap
$0
24h volume
$198.98K
Circulating supply
0 SPEEDY

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at £ 0.{5}1589 GBP , which means buying 5 SPEEDY will cost £ 0.{5}7945 GBP . Similarly, £1 GBP can be traded for 629,316.85 SPEEDY, and £50 GBP can be converted to 31,465,842.75 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Pound Sterling has changed by -50.33% in the last 7 days. In the last 24 hours, the rate has fluctuated by -25.66%, reaching a high of 0.{5}2148 GBP and a low of 0.{5}1401 GBP . One month ago, the value of 1 SPEEDY was £ 0.{5}1795 GBP , which represents a -11.52% change from its current value. Over the last year, Speedy has changed by
+£
0.{5}1585GBP
, resulting in a change of --% in its value.

SPEEDY to GBP

Amount
14:27 today
0.5 SPEEDY
£0.{6}7945
1 SPEEDY
£0.{5}1589
5 SPEEDY
£0.{5}7945
10 SPEEDY
£0.{4}1589
50 SPEEDY
£0.{4}7945
100 SPEEDY
£0.0001589
500 SPEEDY
£0.0007945
1000 SPEEDY
£0.001589

GBP to SPEEDY

Amount14:27 today
0.5GBP314,658.43  SPEEDY
1GBP629,316.85  SPEEDY
5GBP3,146,584.27  SPEEDY
10GBP6,293,168.55  SPEEDY
50GBP31,465,842.75  SPEEDY
100GBP62,931,685.49  SPEEDY
500GBP314,658,427.47  SPEEDY
1000GBP629,316,854.94  SPEEDY
Buy Speedy for 1 GBP
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Today vs. 24 hours ago

Amount14:27 today24 hours ago24h change
0.5 SPEEDY$0.{5}1016$0.{5}1365
-25.66%
1 SPEEDY$0.{5}2031$0.{5}2730
-25.66%
5 SPEEDY$0.{4}1016$0.{4}1365
-25.66%
10 SPEEDY$0.{4}2031$0.{4}2730
-25.66%
50 SPEEDY$0.0001016$0.0001365
-25.66%
100 SPEEDY$0.0002031$0.0002730
-25.66%
500 SPEEDY$0.001016$0.001365
-25.66%
1000 SPEEDY$0.002031$0.002730
-25.66%

Today vs. 1 month ago

Amount14:27 today1 month ago1M change
0.5 SPEEDY$0.{5}1016$0.{5}1147
-11.52%
1 SPEEDY$0.{5}2031$0.{5}2295
-11.52%
5 SPEEDY$0.{4}1016$0.{4}1147
-11.52%
10 SPEEDY$0.{4}2031$0.{4}2295
-11.52%
50 SPEEDY$0.0001016$0.0001147
-11.52%
100 SPEEDY$0.0002031$0.0002295
-11.52%
500 SPEEDY$0.001016$0.001147
-11.52%
1000 SPEEDY$0.002031$0.002295
-11.52%
Buy Speedy for 1 GBP
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount14:27 today1 year ago1Y change
0.5 SPEEDY$0.{5}1016$0.{8}2889
--
1 SPEEDY$0.{5}2031$0.{8}5777
--
5 SPEEDY$0.{4}1016$0.{7}2889
--
10 SPEEDY$0.{4}2031$0.{7}5777
--
50 SPEEDY$0.0001016$0.{6}2889
--
100 SPEEDY$0.0002031$0.{6}5777
--
500 SPEEDY$0.001016$0.{5}2889
--
1000 SPEEDY$0.002031$0.{5}5777
--

Speedy price prediction

What will the price of SPEEDY be in 2025?

Based on SPEEDY's historical price performance prediction model, the price of SPEEDY is projected to reach -- in 2025.

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by -19.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Speedy for 1 GBP
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Speedy for 1 GBP
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Speedy for 1 GBP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now

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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Speedy and GBP.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Speedy and GBP. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Speedy in GBP, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Speedy for 1 GBP

A welcome pack worth 1000 USDT for new Bitgetters!

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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.