Convert and Swap XRP XRP to British Pound GBP
XRP/GBP: 1 XRP equals £1.76 GBP
Last update: 9:34 PM, December 22, 2024
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XRP is falling this week.
The current price of XRP is £1.76 per XRP. With a circulating supply of 57,252,380,420 XRP, it means that XRP has a total market cap of £101,097,955,802.02. The amount of XRP traded has fallen by £2,454,563,330.29 in the last 24 hours, which is a 27.67% decrease. Additionally, in the last day, £8,871,989,343.68 worth of XRP has been traded.
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About XRP
XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. Built for enterprise use on a global scale, XRP powers cost-efficient cross-border payments.
XRP is a digital asset native to the XRP Ledger (XRPL), an open-source, decentralized blockchain technology. Launched in 2012, XRP was designed to facilitate faster, more affordable cross-border transactions. Unlike many other cryptocurrencies, XRP transactions can settle in 3-5 seconds, making it a highly efficient medium for transferring value. XRP is not mined, which contributes to its inherently green attributes, being both carbon-neutral and energy-efficient. The XRP Ledger, on which XRP operates, is maintained by a global community of developers, server operators, users, and businesses, all working collaboratively to enhance its functionality and solve problems.
XRP operates on the XRP Ledger, which uses a unique Federated Consensus mechanism to validate transactions. This consensus protocol involves designated independent servers, known as validators, which agree on the order and outcome of XRP transactions. All servers in the network process each transaction according to the same rules, and any transaction that follows the protocol is confirmed immediately. All transactions are public and transparent, and anyone can operate a validator. The XRP Ledger is capable of settling thousands of transactions per second, making it highly scalable. It also features low transaction costs, which opens up a wide variety of potential blockchain use cases.
XRP has a wide variety of potential applications and use cases. It can be used by financial institutions to facilitate faster, more affordable cross-border payments. Individual consumers can use XRP to move different currencies around the world quickly and efficiently. XRP is also traded on more than 100 markets and exchanges worldwide, making it a popular choice for traders. The low transaction fees, reliability, and high speed of XRP enable traders to use it as high-speed, cost-efficient, and reliable collateral across trading venues. Developers can also use the XRP Ledger to create solutions that solve inefficiencies, including remittance and asset tokenization.
XRP was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto. They launched the XRP Ledger with its native currency XRP as a faster, more energy-efficient alternative to the Bitcoin blockchain. In September 2012, they founded the company that is today known as Ripple. The XRP Ledger architects gifted 80 billion XRP to Ripple so that the company could build use cases around the digital asset. Since its inception, XRP has been adopted by a global community of businesses and developers, and it continues to be used to solve real-world problems and generate real value.
How XRP and British Pound differ
XRP and the British Pound (GBP) are both mediums of exchange, but they operate in fundamentally different ways. XRP is a digital asset native to the XRP Ledger, an open-source, decentralized blockchain technology. It aims to facilitate faster, more affordable cross-border transactions, with transactions settling in just 3-5 seconds. Unlike the GBP, XRP is not controlled by a central bank or government, but by a global community of developers, server operators, users, and businesses. XRP is not mined, making it both carbon-neutral and energy-efficient. On the other hand, the GBP is a traditional fiat currency issued and regulated by the Bank of England. It is used within the United Kingdom and its territories, and its value is influenced by factors such as inflation, interest rates, and the country's economic health. Unlike XRP, GBP transactions can take longer to process and may involve higher fees, especially for cross-border transfers. While XRP transactions are public and transparent, GBP transactions are typically private, with details known only to the parties involved and their banks.
Frequently asked questions
How much is 1 XRP in GBP?
Right now, 1 XRP is worth about £1.76.
How much XRP could I buy for 1 GBP?
Based on the current rate, you could get 0.57 XRP for 1 GBP.
How much has the price of XRP changed?
XRP price has been declining. Since yesterday, the exchange rate of XRP has decreased. Since last month, the exchange rate of XRP has increased. Since this time last year, the price of XRP has increased.
How do I calculate or convert XRP to GBP?
You can use our XRP to GBP calculator at the top of this page to convert any amount of XRP to GBP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GBP is equivalent to 2.84 XRP. Inversely, 5 XRP will cost about £8.80
How can I buy 1 XRP on Coinbase?
XRP is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy XRP.
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The exchange rate of XRP is decreasing.
The current value of 1 XRP is £1.76 GBP. In other words, to buy 5 XRP, it would cost you £8.80 GBP. Inversely, £1.00 GBP would allow you to trade for 0.57 XRP while £50.00 GBP would convert to 28.40 XRP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.99%. Meanwhile, in the last 24 hours, the rate has changed by 1.93%, and that the the highest exchange rate of 1 XRP to British Pound was £1.82 GBP and the lowest 24 hour value was 1 XRP for £1.72 GBP. This time last month, the value of 1 XRP was £1.16 GBP, which is a 50.88% decrease from where it is now. Looking back a year, XRP has changed by £0.49 GBP.
XRP to GBP performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
£1.79 GBP | -1.93% | £1.88 GBP | -6.99% | £1.16 GBP | 50.88% | £0.49 GBP | 257.97% |
XRP to GBP
Amount | Today at 9:34 pm |
|---|---|
0.5 XRP | £0.88 |
1 XRP | £1.76 |
5 XRP | £8.80 |
10 XRP | £17.61 |
50 XRP | £88.04 |
100 XRP | £176.08 |
500 XRP | £880.41 |
1,000 XRP | £1,760.82 |
GBP to XRP
Amount | Today at 9:34 pm |
|---|---|
0.5 GBP | 0.28 XRP |
1 GBP | 0.57 XRP |
5 GBP | 2.84 XRP |
10 GBP | 5.68 XRP |
50 GBP | 28.40 XRP |
100 GBP | 56.79 XRP |
500 GBP | 283.96 XRP |
1,000 GBP | 567.92 XRP |
Today vs. 24 hours ago
Amount | Today at 9:34 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 XRP | £0.88 | £0.90 | -1.64% |
1 XRP | £1.76 | £1.79 | -1.64% |
5 XRP | £8.80 | £8.95 | -1.64% |
10 XRP | £17.61 | £17.90 | -1.64% |
50 XRP | £88.04 | £89.51 | -1.64% |
100 XRP | £176.08 | £179.01 | -1.64% |
500 XRP | £880.41 | £895.06 | -1.64% |
1,000 XRP | £1,760.82 | £1,790.12 | -1.64% |
Today vs. 1 month ago
Amount | Today at 9:34 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 XRP | £0.88 | £0.58 | +52.67% |
1 XRP | £1.76 | £1.15 | +52.67% |
5 XRP | £8.80 | £5.77 | +52.67% |
10 XRP | £17.61 | £11.53 | +52.67% |
50 XRP | £88.04 | £57.67 | +52.67% |
100 XRP | £176.08 | £115.33 | +52.67% |
500 XRP | £880.41 | £576.67 | +52.67% |
1,000 XRP | £1,760.82 | £1,153.34 | +52.67% |
Today vs. 1 year ago
Amount | Today at 9:34 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 XRP | £0.88 | £0.25 | +254.40% |
1 XRP | £1.76 | £0.50 | +254.40% |
5 XRP | £8.80 | £2.48 | +254.40% |
10 XRP | £17.61 | £4.97 | +254.40% |
50 XRP | £88.04 | £24.84 | +254.40% |
100 XRP | £176.08 | £49.68 | +254.40% |
500 XRP | £880.41 | £248.42 | +254.40% |
1,000 XRP | £1,760.82 | £496.85 | +254.40% |
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