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Currency conversion is the process of converting one currency into another based on the current exchange rate. The USD to GBP (US Dollar to British Pound) and GBP to USD (British Pound to US Dollar) are two of the most commonly traded currency pairs. The exchange rate is the value of one currency expressed in terms of another currency. For example, the exchange rate for USD to GBP can be used to convert $20K US Dollars into £10K British Pounds.

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