British Currency Basics for Travelers and Shoppers

If you’re heading to Dubai or any other city and you have pounds in your wallet, you’ll want to know how to turn them into local cash without losing money. This guide breaks down everything you need to know about the British pound, how it works, and the smartest ways to exchange it.

What Is the British Pound?

The pound sterling, symbol £ and code GBP, is the official money of the United Kingdom. It’s one of the oldest currencies still in use and is common in England, Scotland, Wales, and Northern Ireland. A pound is divided into 100 pence, and you’ll see coins from 1p up to £2, plus notes starting at £5 and going up to £50.

Because the pound is strong compared to many other currencies, it’s a popular choice for travelers who want to keep their buying power high. That said, the value of the pound changes daily, so you’ll see different exchange rates depending on when you convert.

How to Exchange Pounds in Dubai

When you land in Dubai, you have several options to turn pounds into dirhams (AED). The easiest places are airport exchange booths, but they often give a lower rate. For a better deal, head to a bank or an authorized money changer in the city. Look for signs that say "Currency Exchange" or ask your hotel concierge for a trusted provider.

Before you exchange, check the posted rate and ask if there’s a commission. Some places add a small fee, while others give you a flat rate with no extra charge. If you’re comfortable with a little math, compare a couple of rates to see which one nets you the most dirhams.

Another safe route is using an ATM that accepts foreign cards. Most UAE banks charge a modest fee, and the rate you get is usually close to the market rate. Just be sure your card is set up for overseas use and that you know your PIN.

Don’t forget to keep a few pounds handy for any UK‑based online purchases you might want to make while traveling. Some hotels and luxury shops in Dubai accept major foreign currencies, but they’ll often give you a less favorable conversion.

Finally, if you’re spending time in Dubai’s nightlife or high‑end venues, a credit card still gives the best flexibility. You’ll avoid cash handling and often get a better exchange rate automatically.

Quick tip: always count your money before you leave the exchange desk. Mistakes happen, and it’s easier to fix them on the spot.

By knowing how the British pound works and where to exchange it, you’ll keep more of your money for the things you actually want to do in Dubai. Stay aware of rates, choose reputable exchangers, and enjoy a smoother trip.