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 :
- United States Dollar info - general info about the United States Dollar
- United States Dollar in the markets - recent USD moves and predictions from the FX markets
- Travelling in the United States - currency & money saving tips
- Buying United States Dollar cash online - travel money for the United States
- Sending money to the United States - save on United States Dollar bank transfers to the United States
- United States Dollar exchange rates - latest & historic exchange rates.
- 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?
Read our Guide to the US dollar currency.
United States Dollar (USD) in the markets
2018 has been a good year for the dollar; certainly much better than 2017, in which the world’s reserve currency lost 10 percent of its value on a trade-weighted basis. Entering the third week of October 2018, the dollar stood 3.7 percent higher than its level on January 1st.
Seasonality becomes an important supporting factor for the dollar approaching year-end, and especially in November. Since 2010, against a basket of currencies, the dollar has averaged +1.8 percent monthly returns in November and +0.15 percent in December. Per seasonal tendencies, the dollar will do best against the Australian dollar, euro and most of all against the yen.
In 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 clearly would like a far weaker currency.
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.
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.
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.
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
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 :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or United States Dollar amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- 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
Major USD cross rates
USD/EUR - United States Dollar to Euro - 10 Year History
|20 Nov 2018||0.8766||Latest|
|13 Nov 2018||0.8840||1 Week||-0.84%|
|21 Oct 2018||0.8688||1 Month||+0.9%|
|24 May 2018||0.8531||6 Months||+2.75%|
|20 Nov 2017||0.8520||1 Year||+2.89%|
|20 Nov 2016||0.9450||2 Years||-7.24%|
|21 Nov 2013||0.7418||5 Years||+18.17%|
|22 Nov 2008||0.7967||10 Years||+10.03%|
USD/GBP - United States Dollar to British Pound Sterling - 10 Year History
|20 Nov 2018||0.7798||Latest|
|13 Nov 2018||0.7683||1 Week||+1.5%|
|21 Oct 2018||0.7653||1 Month||+1.89%|
|24 May 2018||0.7472||6 Months||+4.36%|
|20 Nov 2017||0.7551||1 Year||+3.27%|
|20 Nov 2016||0.8112||2 Years||-3.87%|
|21 Nov 2013||0.6174||5 Years||+26.3%|
|22 Nov 2008||0.6720||10 Years||+16.04%|
USD/JPY - United States Dollar to Japanese Yen - 10 Year History
|20 Nov 2018||112.6028||Latest|
|13 Nov 2018||113.7965||1 Week||-1.05%|
|21 Oct 2018||112.4645||1 Month||+0.12%|
|24 May 2018||109.3150||6 Months||+3.01%|
|20 Nov 2017||112.5565||1 Year||+0.04%|
|20 Nov 2016||111.0243||2 Years||+1.42%|
|21 Nov 2013||100.9382||5 Years||+11.56%|
|22 Nov 2008||95.0209||10 Years||+18.5%|
USD/AUD - United States Dollar to Australian Dollar - 10 Year History
|20 Nov 2018||1.3784||Latest|
|13 Nov 2018||1.3832||1 Week||-0.35%|
|21 Oct 2018||1.4058||1 Month||-1.95%|
|24 May 2018||1.3209||6 Months||+4.35%|
|20 Nov 2017||1.3238||1 Year||+4.12%|
|20 Nov 2016||1.3661||2 Years||+0.9%|
|21 Nov 2013||1.0831||5 Years||+27.26%|
|22 Nov 2008||1.5984||10 Years||-13.76%|
USD/CAD - United States Dollar to Canadian Dollar - 10 Year History
|20 Nov 2018||1.3231||Latest|
|13 Nov 2018||1.3225||1 Week||+0.05%|
|21 Oct 2018||1.3104||1 Month||+0.97%|
|24 May 2018||1.2887||6 Months||+2.67%|
|20 Nov 2017||1.2817||1 Year||+3.23%|
|20 Nov 2016||1.3508||2 Years||-2.05%|
|21 Nov 2013||1.0508||5 Years||+25.91%|
|22 Nov 2008||1.2845||10 Years||+3.01%|