GBP to USD — January 2023

1.2300USD

for 1 Pound Sterling on 31 January 2023 · opened the month at 1.2053

2.05% over January 2023

European Central Bank reference rate
22 trading days
Reference rate, not an offer

Today: 1 GBP = 1.3201 USD (PayerPay indicative rate, includes our margin)

GBP to USD in January 2023 at a glance

1 GBP in USD
Measure	Rate	When
Opened	1.2053 USD	2 January 2023
Closed	1.2300 USD	31 January 2023
Highest	1.2393 USD	30 January 2023
Lowest	1.1868 USD	6 January 2023
Average	1.2208 USD	22 trading days
Change	+2.05% USD	open to close

Day by day

GBP to USD, January 2023▲ 2.05%

1 GBP in USD, day by day
Date	Rate	Day change
2 January 2023	1.2053
3 January 2023	1.1976	-0.64%
4 January 2023	1.2034	+0.48%
5 January 2023	1.2005	-0.24%
6 January 2023	1.1868	-1.15%
9 January 2023	1.2148	+2.36%
10 January 2023	1.2140	-0.07%
11 January 2023	1.2120	-0.16%
12 January 2023	1.2146	+0.21%
13 January 2023	1.2178	+0.27%
16 January 2023	1.2181	+0.03%
17 January 2023	1.2239	+0.47%
18 January 2023	1.2383	+1.18%
19 January 2023	1.2339	-0.36%
20 January 2023	1.2358	+0.16%
23 January 2023	1.2358	-0.01%
24 January 2023	1.2287	-0.57%
25 January 2023	1.2327	+0.32%
26 January 2023	1.2388	+0.50%
27 January 2023	1.2363	-0.21%
30 January 2023	1.2393	+0.24%
31 January 2023	1.2300	-0.75%

← December 2022 · 2023 in full · All GBP to USD history · USD to GBP in January 2023 · February 2023 →

Moving money, not just converting?

Get paid abroad, send money home

PayerPay gives you payment details in your own name and pays out through the methods your family already uses. See where we send money.

All destinations

Common questions

What was the GBP to USD rate in January 2023?

Over January 2023 the European Central Bank reference rate moved from 1.2053 USD per GBP on 2 January 2023 to 1.2300 on 31 January 2023, a change of +2.05%. The average across 22 trading days was 1.2208.

When was GBP strongest against USD in January 2023?

The highest reading was 1.2393 USD on 30 January 2023; the lowest was 1.1868 on 6 January 2023.

Is this the rate I would have got?

No. These are reference rates published by the European Central Bank for information. PayerPay's indicative rate today is 1.3201 USD per GBP; the exact rate for a transfer is confirmed in your order.

Data and reuse

The series, statistics and tables on this page are PayerPay's compilation (one reading per trading day; days from 28 September 2026 onward from our own record). They may not be copied, scraped or republished in ready form; quoting a figure with attribution and a link is fine. See the terms of use. These are reference rates for information, not an offer — PayerPay's indicative rate today is 1 GBP = 1.3201 USD, including our margin; the final rate for a transfer is confirmed in your order. Corrections: support@payerpay.io.

Source: European Central Bank.

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.