Most countries have their own currency, so when you travel there, you must exchange your money. Currency-exchange rates are constantly changing, so if you want to convert one currency to another, you’ll need the most up-to-date conversion rate. You can convert nearly any currency to another using various online currency sites, which use the current conversion data. The British pound (GBP) is the currency for the United Kingdom, while the dinar is the official currency for many countries, including Iraq, Serbia and Libya. When you convert pounds to dinars, you need to specify which country you are interested in.
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Things you need
- Internet access
Log on to the OANDA Currency Converter (Resource 1). Select “British Pound” from the “Currency I Have” field. Select the dinar that corresponds to the country to which you want to convert. The dinar is used in Algeria, Bahrain, Iraq, Jordan, Kuwait, Libya, Republic of Macedonia, Serbia and Tunisia. For instance, to convert pounds to Iraqi dinars, scroll down and select “Iraqi Dinar.” Enter the number of pounds that you want to convert in the “Amount” field. To simply view the conversion rate, leave it as “1.” The converted amount displays on the right “Amount” field. The site also shows the daily trends for the conversion rate.
Log on to the XE Universal Currency Converter (Resource 2). Enter an amount you want to convert in the “Convert” field. Select “Britain (United Kingdom), Pound (GBP)” in the next menu. Scroll to the country to whose dinars you want to convert your pounds. Click “Go” to see the conversion.
Log on to the GoCurrency website (Resource 3). Enter an amount you want to convert in the “Currency Converter” box on the left side of the page. Select “British Pound” from the “From” list. Select the country you’re interested in. Click “Convert.”
Tips and warnings
- While you can convert currency at home, physically exchanging your money is best done in the foreign country you are visiting. There are various options, such as in the airport or hotel, but an ATM or bank branch is going to have the best conversion rate. Find a local bank to do the conversion so you don’t have to pay extra charges at an ATM.
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