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Foreign Exchange Guide to the United States

Read this currency guide to the United States with money transfer and travel tips.   [USD/EUR=0.8566]

United States
Country Code:
US
Domestic Currency:
United States Dollar
Symbol - Code:
$ USD
Telephone Prefix:
+1

This is a foreign exchange guide to the United States, the United States Dollar currency plus USD transfers and travel tips.


In this the United States currency guide we take a look at :

  1. United States Dollar info - general info about the United States Dollar
  2. United States Dollar in the markets - recent USD moves and predictions from the FX markets
  3. Travelling in the United States - currency & money saving tips
  4. Buying United States Dollar cash online - travel money for the United States
  5. Sending money to the United States - save on United States Dollar bank transfers to the United States
  6. United States Dollar exchange rates - latest & historic exchange rates.
  7. USD News - the latest United States Dollar related articles from our blog.

United States Dollar (USD) general currency information


What is the United States Dollar currency code and symbol?

The three letter currency code for the United States Dollar is USD and the symbol is $.


Which countries use the United States Dollar?

It is the domestic currency in United States, East Timor, Ecuador, El Salvador, British Virgin Islands, US Virgin Islands, Caribbean Netherlands, Turks And Caicos Islands and Zimbabwe.

Read our Guide to the US dollar currency.


United States Dollar (USD) in the markets

Until mid-August, the US dollar had been thriving, with a trade-weighted gain of 5.1 percent since January. A one-month wobble to mid-September had erased more than half of those gains but the remaining year-to-date gain of 2.4 percent was at least looking far rosier than 2017’s 10 percent slump. In a year in which safe havens have done well, the dollar ranked as the fifth best performer from a list of 21 important currencies.

Reasons for the dollar’s recent fall weren’t entirely obvious at the time of writing (September-17), given that most fundamental drivers appeared to be supportive, and those included a jump in US earnings, solid economic growth and safe-haven flows caused by trade tensions.

In mid-September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term.

Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump would like a far lower dollar.

A near-term negative turn in US economic data might see the dollar lose 5-7 percent, ING said.

The interactive chart below shows the USD to EUR exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


USD-EUR 3 Month chart
USD-EUR 3 Month chart
USDEUR currency converter

Travel, Currency and Money saving tips for the United States

 

Most cities and larger towns have dependable local bus systems, though they are often designed for commuters and provide limited service in the evening and on weekends. Getting around between cities via bus or train can often be not must cheaper than getting a cheap flight, so its something to consider depending on your travel taste and how much time you want to save travelling.

Eating out is relatively cheap and you may find that one meal could easily feed two. When tipping for food 15%-20% of the cost of the meal is expected as it is considered part of a waiter's wage.

New York street scene

Don't just stick to the cities, National Parks in the USA are some of the best things about the US. Stunning landscapes, Ranger guided tours and facilities and consistently excellent, while the information handed out for free is amazing. And you you don't need to be a hardcore hiker to explore rugged, remote parks. The policy of putting in drive-up viewpoints and easy, flat paths makes the parks remarkably easy to travel round, even if you've limited mobility.

Flying over Half Dome - a granite formation at the eastern end of Yosemite Valley in Yosemite National Park, California

 

Travel money for the United States

 

Save money and time by Ordering your United States Dollar online from Travelex, you get better rates and can pick up the USD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in United States Dollar otherwise you may get much worst exchange rates.

   

the United States Trip Checklist    

 
  1. Compare USD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in the United States
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to the United States

When searching around for information on how to get a good exchange rate when sending money to the United States you need to start with finding out the latest United States Dollar foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).

What prime property does $US1m buy in the United States?

Using New York, Los Angeles and Miami as examples to compare the area (㎡) of prime property that $US1million buys in the US (Q1 2018) the sizes are: New York 25㎡, Los Angeles 58㎡ and Miami 78㎡.

This is compared to equivalent areas for Hong Kong 22㎡, London 27㎡, Singapore 37㎡, Paris 45㎡, Shanghai 50㎡, Tokyo 70㎡, Berlin 74㎡, Mumbai 94㎡, Istanbul 110㎡, Dubai 138㎡ and San Paulo 172㎡.


Get a better deal for foreign transfers to the United States

When sending money to the United States it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or United States Dollar amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted USD amount will be transfered to the recipient account you specify in the United States.

Use our Send to USD calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more United States Dollar deposited into the recipient bank account and less margins and fees kept by the banks!

   

Bank Transfers to the United States

Compare Transfer Rates

 

Major USD cross rates


USD/EUR - United States Dollar to Euro - 10 Year History

DateExchange RatePeriodChange
19 Sep 20180.8560Latest
12 Sep 20180.86021 Week-0.49%
20 Aug 20180.87021 Month-1.63%
23 Mar 20180.80916 Months+5.8%
19 Sep 20170.83391 Year+2.65%
19 Sep 20160.89442 Years-4.29%
20 Sep 20130.73935 Years+15.79%
21 Sep 20080.696810 Years+22.85%

USD/GBP - United States Dollar to British Pound Sterling - 10 Year History

DateExchange RatePeriodChange
19 Sep 20180.7600Latest
12 Sep 20180.76661 Week-0.86%
20 Aug 20180.78101 Month-2.69%
23 Mar 20180.70756 Months+7.42%
19 Sep 20170.74001 Year+2.7%
19 Sep 20160.76682 Years-0.89%
20 Sep 20130.62455 Years+21.7%
21 Sep 20080.548810 Years+38.48%

USD/JPY - United States Dollar to Japanese Yen - 10 Year History

DateExchange RatePeriodChange
19 Sep 2018112.2305Latest
12 Sep 2018111.21611 Week+0.91%
20 Aug 2018109.95291 Month+2.07%
23 Mar 2018104.73506 Months+7.16%
19 Sep 2017111.59151 Year+0.57%
19 Sep 2016101.92532 Years+10.11%
20 Sep 201399.26485 Years+13.06%
21 Sep 2008107.252110 Years+4.64%

USD/AUD - United States Dollar to Australian Dollar - 10 Year History

DateExchange RatePeriodChange
19 Sep 20181.3755Latest
12 Sep 20181.39451 Week-1.36%
20 Aug 20181.36311 Month+0.91%
23 Mar 20181.29926 Months+5.87%
19 Sep 20171.24921 Year+10.11%
19 Sep 20161.32612 Years+3.73%
20 Sep 20131.06345 Years+29.35%
21 Sep 20081.213810 Years+13.32%

USD/CAD - United States Dollar to Canadian Dollar - 10 Year History

DateExchange RatePeriodChange
19 Sep 20181.2939Latest
12 Sep 20181.30021 Week-0.48%
20 Aug 20181.30421 Month-0.79%
23 Mar 20181.29136 Months+0.2%
19 Sep 20171.22941 Year+5.25%
19 Sep 20161.32042 Years-2.01%
20 Sep 20131.02875 Years+25.78%
21 Sep 20081.057210 Years+22.39%

USD News and Forecasts