Loading...

Home pages - full list (A-Z)

  •  

Best Currency Exchange Rates in London

In this article we show you how to save money if you find yourself looking for Foreign Cash in London.

Guides Locations GBP Travel
Email share     Facebook     LinkedIn    Twitter
 

London is a diverse and multifaceted city with something to offer everyone. Whether you are visiting as a tourist or over on business, you will want to be prepared for your trip and ready with some british pounds in your wallet.

In the bricks and mortar, established, tourist attractions such as Buckingham Palace, Westminister Abbey, and the Tower of London, you’ll have no problems using a topped up travel card or credit card. However, there are some areas such as the unique Notting Hill and Camden markets where you are better off carrying cash and positioning yourself on the ready for some haggling.

Ordering your foreign cash online from Travelex for delivery or if you’re in a rush then picking up the cash at a Travelex branch is your best bet for convenience and getting more for your currency.

You will find that you can save a couple of percent on the exchange rate margin by pre-ordering your cash. Our Review of Travelex exchange rates includes the following table that shows you an example of how much you can save online vs buying your cash at the airport.

 

Currency Online Rate Airport Rate Online Saving
USD 1.2769 1.2385 3.1%
EUR 1.0968 1.0556 3.9%
AUD 1.7198 1.6537 4.0%
JPY 139.0441 132.1712 5.2%
Travelex Online vs Airport (GBP exchange rates were valid for 2nd August 2018)

London Currency Exchange Locations

 

Travelex Currency Exchange Rates vs the Banks

The below live travel money comparison table shows how much you could save on your next foreign transfer or travel money purchase by ordering online vs the Average Bank Rate. This example shows you the situation where you want to change sterling for foreign cash, note the margins are compared to the current market mid-rate.

 
Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money Providers
Ratings & Reviews
Amount USD($)Exchange RateFee GBPTotal CostCurrency ServicesDelivery/CollectDeal Links
 
Travelex Online UK logo
1,272 USD
Compare
1.272£0^2.09%Online order, Branch pickup, Home delivery2-3 days
Post Office Foreign Currency
Post Office logo
1,244.9 USD
27 USD
1.244904.17%Online order, Branch pickup, Home delivery2-3 days
Citibank Foreign Currency
Citibank logo
1,222.45 USD
50 USD
1.2348£105.9%Branch-
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
1,212 USD
60 USD
1.2254£106.73%Branch-
 
Lloyds TSB logo
1,210.08 USD
62 USD
1.2223£106.85%Branch-
Santander Foreign Currency
 
Santander logo
1,210.08 USD
62 USD
1.2223£106.85%Branch-
 
Natwest Bank logo
1,203.97 USD
68 USD
1.2223£157.32%Branch-
Travelex Online UK: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:1.272 (2.09% from mid-rate)
USD amount:1,272 USD
Total Cost:2.09%
Time:
Rate Fetched: Fri Apr 19 2019 00:30:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Post Office: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:0
Exchange Rate:1.2449 (4.17% from mid-rate)
USD amount:1,244.9 USD
Total Cost:4.17%
Time:0:47 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.2348 (4.95% from mid-rate)
USD amount:1,222.45 USD
Total Cost:5.9%
Time:0:47 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.2223 (5.91% from mid-rate)
USD amount:1,212 USD
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logoLloyds TSB

Lloyds TSB: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.2223 (5.91% from mid-rate)
USD amount:1,210.08 USD
Total Cost:6.85%
Time:0:47 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logoSantander

Santander: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.2223 (5.91% from mid-rate)
USD amount:1,210.08 USD
Total Cost:6.85%
Time:0:47 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logoNatwest Bank

Natwest Bank: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:1.2223 (5.91% from mid-rate)
USD amount:1,203.97 USD
Total Cost:7.32%
Time:0:47 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Travelex currency exchange rates vs bank average
 

 

Pre-Order Foreign Cash & Save

Travelex logo

Order travel money online

Get better rates than available to you by walking into Travelex branches by pre-ordering online from Travelex, you can still pick up in person at any Travelex branch or at the airport.

 

Further Reading

 

SGD/MYR at 17-Month High; Ringgit Slumps on FTSE Index Deselection

What is arguably Southeast Asia’s most important exchange rate, Singapore dollar-Malaysian ringgit, leapt on Thursday to its highest level since November 2017, driven by FTSE Russell’s decision to reconsider Malaysia’s inclusion in an important bond index.

Updated: 18 Apr, 2019

Commodities Boom Will Take Australian Dollar to US$0.74

The Australian dollar is forecast to climb to US$0.74 in the coming months, supported by a commodities boom that has seen the price of Australia’s largest export, iron ore, climb to a 5-year high.

Updated: 15 Apr, 2019

Brexit This Year Now a Toss-Up, Bookmakers Say; What Next for Pound?

GBP Pound Sterling Brexit Deal on Financial Services

With the chance of a 2019 Brexit now reduced to 50 percent, the pound’s value is likely to remain capped for the time being, most likely near US$1.34, experts say. On the downside, US$1.24 is likely should the latest Article 50 extension be used to hold a UK general election.

Updated: 14 Apr, 2019

Euro to Sink to US$1.08, Says ANZ

The euro hasn’t traded as low as US$1.08 since the early portion of 2017, but that’s where we’re heading within the next 3 months, analysts at ANZ believe.

Updated: 7 Apr, 2019

AUD/NZD at 10-Week High and “Likely to Run Higher From Here”

The Australian dollar-New Zealand dollar exchange rate rose on Friday to a 10-week high as traders continue to make bets on monetary policy divergence between the RBA and RBNZ. Even higher rates are expected by teams at TD Securities and Societe Generale.

Updated: 5 Apr, 2019

  

Tags: Guides, Locations , ,

     

Get a Better FX Deal when you Send and Spend Abroad.

 

Do NOT follow this link or you will be banned from the site!