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Best Exchange Rates

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Best Travel Money Exchange Rates in London

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


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.

 

Compare GBP to USD Travel Money Exchange Rates vs the Banks

Travel Money ProvidersAmount USD($)Exchange RateFee GBPTotal CostCurrency ServicesDelivery SpeedReviewsDeal Links
Travelex Online UK logo
1,230 USD1.23£0^2.3%Online order, Branch pickup, Home delivery2-3 days
 
Post Office Foreign Currency
Post Office logo
1,206.3 USD
$24 less
1.206304.18%Online order, Branch pickup, Home delivery2-3 days
Citibank
Citibank logo
1,184.63 USD
$45 less
1.1966£105.9%Branch-
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
1,174 USD
$56 less
1.1875£106.73%Branch-
Lloyds TSB logo
1,172.66 USD
$57 less
1.1845£106.85%Branch-
 
Santander logo
1,172.66 USD
$57 less
1.1845£106.85%Branch-
 
Natwest Bank logo
1,166.73 USD
$63 less
1.1845£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:1.23 (2.3% from mid-rate)
USD amount:1,230 USD
Total Cost:2.3%
Time:
Rate Fetched: Sun Dec 16 2018 16:30:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery Speed:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Post Office: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:0
Exchange Rate:1.2063 (4.18% from mid-rate)
USD amount:1,206.3 USD
Total Cost:4.18%
Time:16:47 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery Speed:2-3 days
Rating:
: /5.0
Reviews:
Citibank: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.1966 (4.95% from mid-rate)
USD amount:1,184.63 USD
Total Cost:5.9%
Time:16:47 Local
Currency Services:Branch
Delivery Speed:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo

Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.1845 (5.91% from mid-rate)
USD amount:1,174 USD
Total Cost:6.73%
Currency Services:Branch
Delivery Speed:-
Lloyds TSB: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.1845 (5.91% from mid-rate)
USD amount:1,172.66 USD
Total Cost:6.85%
Time:16:47 Local
Currency Services:Branch
Delivery Speed:-
Rating:
 
: 1/5.0
Reviews:
Santander: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.1845 (5.91% from mid-rate)
USD amount:1,172.66 USD
Total Cost:6.85%
Time:16:47 Local
Currency Services:Branch
Delivery Speed:-
Rating:
 
: 2/5.0
Reviews:
Natwest Bank: Travel Money GBP→USD
GBP amount:£1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:1.1845 (5.91% from mid-rate)
USD amount:1,166.73 USD
Total Cost:7.32%
Time:16:47 Local
Currency Services:Branch
Delivery Speed:-
Rating:
 
: 1/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Rates @ 12/16/2018.
Total Cost = Fee + exchange rate margin vs GBP/USD mid-rate: 1.2589
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.

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