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$SPONGE to GBP Converter and calculator

$SPONGE/GBP: 1 $SPONGE = 0.0002495 GBP. The price of converting 1 Sponge ($SPONGE) to Pound Sterling (GBP) is 0.0002495 GBP today.
$SPONGE
$SPONGE
GBP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $SPONGE to GBP real-time exchange rates, making it easy to convert Sponge ($SPONGE) to Pound Sterling (GBP). The conversion result is based on real-time data. The conversion result shows that 1 $SPONGE is currently valued at 0.00 GBP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $SPONGE is currently valued at 0.00 GBP, which means buying 5 $SPONGE would cost 0.00 GBP. Similarly, £1 GBP can be converted to 4,007.96 $SPONGE, and £50 GBP can be converted to 20,039.82 $SPONGE, excluding any platform or gas fees.

Convert $SPONGE to GBP

Convert GBP to $SPONGE

Sponge
Pound Sterling
1 $SPONGE
0.0002495  GBP
2 $SPONGE
0.0004990  GBP
5 $SPONGE
0.001248  GBP
10 $SPONGE
0.002495  GBP
20 $SPONGE
0.004990  GBP
50 $SPONGE
0.01248  GBP
100 $SPONGE
0.02495  GBP
200 $SPONGE
0.04990  GBP
500 $SPONGE
0.1248  GBP
1000 $SPONGE
0.2495  GBP
5000 $SPONGE
1.25  GBP
10000 $SPONGE
2.5  GBP
In the table above, you'll find a comprehensive $SPONGE to GBP converter that shows the value of Sponge in Pound Sterling across commonly used conversion amounts. The list covers conversions from 1 $SPONGE to GBP, all the way up to 10000 $SPONGE, providing a clear view of their respective values.
Pound Sterling
Sponge
10 GBP
40,079.64 $SPONGE
50 GBP
200,398.21 $SPONGE
100 GBP
400,796.42 $SPONGE
200 GBP
801,592.84 $SPONGE
500 GBP
2,003,982.09 $SPONGE
1000 GBP
4,007,964.18 $SPONGE
2000 GBP
8,015,928.37 $SPONGE
5000 GBP
20,039,820.92 $SPONGE
10000 GBP
40,079,641.85 $SPONGE
50000 GBP
200,398,209.24 $SPONGE
100000 GBP
400,796,418.48 $SPONGE
In the table above, you'll find a comprehensive GBP to $SPONGE converter that shows the value of Pound Sterling in Sponge across commonly used conversion amounts. The list covers conversions from 1 GBP to $SPONGE, all the way up to 100000 GBP, providing a clear view of their respective values.

$SPONGE to GBP chart

$SPONGE/GBP: 1 $SPONGE = 0.0002495 GBP; 2025/05/04 08:46:03
In the past 1D, Sponge has changed -0.01% to GBP. Based on the trend and price charts, Sponge($SPONGE) has changed -0.01% to GBP while Pound Sterling(GBP) has changed % to $SPONGE in the last 24 hours.
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$SPONGE to GBP conversion data: Volatility and price changes of Sponge in GBP

The highest Sponge price in GBP over the past 7 days was 0.0002655 GBP while the lowest Sponge price in GBP over the past 7 days was 0.0002457 GBP. The relative change between the highs and lows in Sponge price in GBP over the last 7 days indicates a volatility of %. You can view additional volatility data and $SPONGE to GBP prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0002541 GBP
0.0002655 GBP
0.0002712 GBP
0.0002747 GBP
Low
0.0002458 GBP
0.0002457 GBP
0.0002411 GBP
0.0002284 GBP
Average
0 GBP
0 GBP
0 GBP
0 GBP
Volatility
%
%
%
%
Change
-0.01%
-1.49%
-1.75%
-8.66%

Sponge information

$SPONGE to GBP market statistics

$SPONGE/GBP:
£0.0002495
$SPONGE 24h volume:
£61,403.55
$SPONGE market cap:
--
$SPONGE circulating supply:
0 $SPONGE

Current $SPONGE to GBP exchange rate

Sponge to Pound Sterling is falling this week.
Sponge's current market price is £0.0002495 per $SPONGE, with a total market cap of £0 GBP based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by +3.01% (£1,792.85 GBP) in the last 24 hours. Last trading day, $SPONGE's trading volume was £59,610.69.

More info about Sponge 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 Sponge currency pair is the $SPONGE to GBP, with for Sponge's currency code being $SPONGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GBP.

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How to convert $SPONGE to GBP

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$SPONGE to GBP Conversion tables

The exchange rate of Sponge is decreasing.
The exchange rate of 1 $SPONGE to Pound Sterling has changed by -1.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 0.0002541 GBP and a low of 0.0002458 GBP . One month ago, the value of 1 $SPONGE was £0.0002540 GBP , which represents a -1.75% change from its current value. Over the last year, Sponge has changed by
+£
0.0001902GBP
, resulting in a change of +320.97% in its value.
24 hours ago1 month ago1 year ago
Amount08:46 am today24 hours ago24h change
0.5 $SPONGE£0.0001248£0.0001248
-0.01%
1 $SPONGE£0.0002495£0.0002495
-0.01%
5 $SPONGE£0.001248£0.001248
-0.01%
10 $SPONGE£0.002495£0.002495
-0.01%
50 $SPONGE£0.01248£0.01248
-0.01%
100 $SPONGE£0.02495£0.02495
-0.01%
500 $SPONGE£0.1248£0.1248
-0.01%
1000 $SPONGE£0.2495£0.2495
-0.01%

$SPONGE to GBP FAQ

How much is 1 Sponge in GBP?
Right now, the price of 1 Sponge ($SPONGE) in Pound Sterling (GBP) is £0.0002495.
How much $SPONGE can I buy for 1 GBP?
Based on the current exchange rate, you can get 4,007.96 $SPONGE for 1 GBP.
How do I calculate or convert $SPONGE to GBP?
You can use our $SPONGE to GBP calculator at the top of this page to convert any amount of $SPONGE to GBP. We've also included quick-reference tables for the most popular conversions. For example, 5 GBP is equivalent to 20,039.82 $SPONGE, while 5 $SPONGE will cost around 0.001248GBP.
What is the highest price of $SPONGE/GBP in history?
The all-time high price of 1 $SPONGE in GBP is £0.001804. It remains to be seen if the value of 1 $SPONGE/GBP will exceed the current all-time high.
What is the price trend of Sponge in GBP?
Over the past 7 days, the exchange rate of Sponge ($SPONGE) has gone down by 1.49%.   Over the last month, the exchange rate of Sponge ($SPONGE) has gone down by 1.75% against Pound Sterling (GBP).

What factors influence the conversion rate of $SPONGE to GBP?

There are many factors that affect the relationship between Sponge 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 $SPONGE/GBP. When there is positive news in the market about the widespread adoption of $SPONGE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of $SPONGE/GBP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in $SPONGE/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 $SPONGE/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 Sponge and adjust their investment strategies accordingly in the evolving market.

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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.