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FRIC to GBP Converter and calculator

FRIC/GBP: 1 FRIC = 0.0006933 GBP. The price of converting 1 Frictionless (FRIC) to Pound Sterling (GBP) is 0.0006933 GBP today.
FRIC
FRIC
GBP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FRIC to GBP real-time exchange rates, making it easy to convert Frictionless (FRIC) to Pound Sterling (GBP). The conversion result is based on real-time data. The conversion result shows that 1 FRIC is currently valued at 0.0006933 GBP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FRIC is currently valued at 0.0006933 GBP, which means buying 5 FRIC would cost 0.003466 GBP. Similarly, £1 GBP can be converted to 1,442.47 FRIC, and £50 GBP can be converted to 7,212.34 FRIC, excluding any platform or gas fees.

Convert FRIC to GBP

Convert GBP to FRIC

Frictionless
Pound Sterling
1 FRIC
0.0006933  GBP
10 FRIC
0.006933  GBP
100 FRIC
0.06933  GBP
1000 FRIC
0.6933  GBP
In the table above, you'll find a comprehensive FRIC to GBP converter that shows the value of Frictionless in Pound Sterling across commonly used conversion amounts. The list covers conversions from 1 FRIC to GBP, all the way up to 10000 FRIC, providing a clear view of their respective values.
Pound Sterling
Frictionless
100 GBP
144,246.71 FRIC
200 GBP
288,493.42 FRIC
500 GBP
721,233.55 FRIC
1000 GBP
1,442,467.09 FRIC
2000 GBP
2,884,934.19 FRIC
5000 GBP
7,212,335.46 FRIC
10000 GBP
14,424,670.93 FRIC
50000 GBP
72,123,354.65 FRIC
100000 GBP
144,246,709.3 FRIC
In the table above, you'll find a comprehensive GBP to FRIC converter that shows the value of Pound Sterling in Frictionless across commonly used conversion amounts. The list covers conversions from 1 GBP to FRIC, all the way up to 100000 GBP, providing a clear view of their respective values.

FRIC to GBP chart

FRIC/GBP: 1 FRIC = 0.0006933 GBP; 2025/06/21 17:34:08
In the past 1D, Frictionless has changed -3.85% to GBP. Based on the trend and price charts, Frictionless(FRIC) has changed -3.85% to GBP while Pound Sterling(GBP) has changed % to FRIC in the last 24 hours.
1D7D1M3M1YAll

FRIC to GBP conversion data: Volatility and price changes of Frictionless in GBP

The highest Frictionless price in GBP over the past 7 days was 0.0008203 GBP while the lowest Frictionless price in GBP over the past 7 days was 0.0007065 GBP. The relative change between the highs and lows in Frictionless price in GBP over the last 7 days indicates a volatility of %. You can view additional volatility data and FRIC to GBP prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.0007459 GBP
0.0008203 GBP
0.001059 GBP
0.001519 GBP
Low
0.0007065 GBP
0.0007065 GBP
0.0006932 GBP
0.0006283 GBP
Average
0 GBP
0 GBP
0 GBP
0 GBP
Volatility
%
%
%
%
Change
-3.85%
+1.56%
-21.41%
-49.90%

Frictionless information

FRIC to GBP market statistics

FRIC/GBP:
£0.0006933
FRIC 24h volume:
--
FRIC market cap:
--
FRIC circulating supply:
0 FRIC

Current FRIC to GBP exchange rate

Frictionless to Pound Sterling is rising this week.
Frictionless's current market price is £0.0006933 per FRIC, with a total market cap of £0 GBP based on a circulating supply of -- FRIC. The trading volume of Frictionless has changed by 0.00% (£0 GBP) in the last 24 hours. Last trading day, FRIC's trading volume was £0.

More info about Frictionless on Bitget

Pound Sterling 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.

Bitget crypto-to-fiat exchange data shows that the most popular Frictionless currency pair is the FRIC to GBP, with for Frictionless's currency code being FRIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GBP.

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How to convert FRIC to GBP

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FRIC to GBP Conversion tables

The exchange rate of Frictionless is decreasing.
The exchange rate of 1 FRIC to Pound Sterling has changed by +1.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.85%, reaching a high of 0.0007459 GBP and a low of 0.0007065 GBP . One month ago, the value of 1 FRIC was £0.0008886 GBP , which represents a -21.41% change from its current value. Over the last year, Frictionless has changed by
-£
0.001760GBP
, resulting in a change of -71.05% in its value.
24 hours ago1 month ago1 year ago
Amount 17:34 today 24 hours ago 24h change
0.5 FRIC
£0.0003466£0.0003610
-3.85%
1 FRIC
£0.0006933£0.0007220
-3.85%
5 FRIC
£0.003466£0.003610
-3.85%
10 FRIC
£0.006933£0.007220
-3.85%
50 FRIC
£0.03466£0.03610
-3.85%
100 FRIC
£0.06933£0.07220
-3.85%
500 FRIC
£0.3466£0.3610
-3.85%
1000 FRIC
£0.6933£0.7220
-3.85%

FRIC to GBP FAQ

How much is 1 Frictionless in GBP?
Right now, the price of 1 Frictionless (FRIC) in Pound Sterling (GBP) is £0.0006933.
How much FRIC can I buy for 1 GBP?
Based on the current exchange rate, you can get 1,442.47 FRIC for 1 GBP.
How do I calculate or convert FRIC to GBP?
You can use our FRIC to GBP calculator at the top of this page to convert any amount of FRIC to GBP. We've also included quick-reference tables for the most popular conversions. For example, 5 GBP is equivalent to 7,212.34 FRIC, while 5 FRIC will cost around 0.003466GBP.
What is the highest price of FRIC/GBP in history?
The all-time high price of 1 FRIC in GBP is £0.008924. It remains to be seen if the value of 1 FRIC/GBP will exceed the current all-time high.
What is the price trend of Frictionless in GBP?
Over the past 7 days, the exchange rate of Frictionless (FRIC) has gone up by 1.56%.   Over the last month, the exchange rate of Frictionless (FRIC) has gone down by 21.41% against Pound Sterling (GBP).

What factors influence the conversion rate of FRIC to GBP?

There are many factors that affect the relationship between Frictionless and Pound Sterling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of FRIC/GBP. When there is positive news in the market about the widespread adoption of FRIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FRIC/GBP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FRIC/GBP.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of FRIC/GBP. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Frictionless and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Frictionless currency pairs: FRIC to US Dollar (USD), FRIC to Euro (EUR), FRIC to Pound Sterling (GBP), FRIC to Canadian Dollar (CAD), FRIC to Indian Rupee (INR), FRIC to Pakistani Rupee (PKR), FRIC to Brazilian Real (BRL), FRIC to…
The price of Frictionless in the US is $0.0009329 USD. Additionally, Frictionless’s price is €0.0008095 EUR in the eurozone, £0.0006933 GBP in the UK, C$0.001281 CAD in Canada, ₹0.08079 INR in India, ₨0.2649 PKR in Pakistan, R$0.005143 BRL in Brazil, and more.
The most popular Frictionless currency pair is the FRIC to Pound Sterling(GBP). The price of 1 Frictionless (FRIC) in Pound Sterling (GBP) is £0.0006933.

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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.