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GBP to USD - Exchange Rate Review

Pound Sterling to US Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
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Latest GBP/USD exchange rate (wholesale):

1 GBP = 1.3072 USD

Sell GBP / Buy USD 

GBP to USD chart and trends
1-DAY0.5%
GBP to USD at 1.307 was trading 3.9% above AVG:1.258 with LO:1.2083 and HI:1.3142 (90 days). There are no current rate alerts.
 

Pound Sterling to US Dollar - Quick Conversions

GBP USD
£ 1 U$ 1.3072
£ 5 U$ 6.5360
£ 10 U$ 13.07
£ 20 U$ 26.14
£ 50 U$ 65.36
£ 100 U$ 130.72
£ 250 U$ 326.80
£ 500 U$ 653.60
£ 1,000 U$ 1,307
£ 2,000 U$ 2,614
£ 5,000 U$ 6,536
£ 10,000 U$ 13,072
£ 50,000 U$ 65,360
£ 100,000 U$ 130,720
More amounts
GBP USD
£ 0.7650 U$ 1
£ 3.8250 U$ 5
£ 7.6500 U$ 10
£ 15.30 U$ 20
£ 38.25 U$ 50
£ 76.50 U$ 100
£ 191.25 U$ 250
£ 382.50 U$ 500
£ 765.00 U$ 1,000
£ 1,530 U$ 2,000
£ 3,825 U$ 5,000
£ 7,650 U$ 10,000
£ 38,250 U$ 50,000
£ 76,500 U$ 100,000
More amounts

To calculate other GBP/USD amounts try our home-page Convert GBP to USD quick converter.

Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Country Guides - US Dollar

 
United StatesUnited States (USD)East TimorEast Timor (USD)EcuadorEcuador (USD)
El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)US Virgin IslandsUS Virgin Islands (USD)
Caribbean NetherlandsCaribbean Netherlands (USD)Turks and Caicos IslandsTurks and Caicos Islands (USD)
   

Pound Sterling - US Dollar Forecasting

NAB have revised upwards their pound sterling forecasts now expecting the GBP/USD rate to be at US$1.47 by June 2022, up from their previous forecast of US$1.39. For 2020, it sees GBP at US$1.36 by year-end, up from a predicted US$1.30.

US dollar weakness has helped the embattled pound continue its recovery off June and early July lows. Despite this brief upturn, the outlook remains pessimistic as Brexit uncertainty and questions over the economy’s ability to rebound after the pandemic weigh on the currency. August Currency Update

Read more about FX Broker and Bank analysts' predictions for GBP to USD future trends in our blog article GBP to USD Broker & Bank Forecasts.

 

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How to get Best GBP to USD Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

 

What is a good GBP to USD exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Pound Sterling vs US Dollar current value is to look the GBP/USD historic rate and change over a range of periods.

The following table looks at the change in the GBP to USD exchange rate over periods from the previous week back to the last 10 years.

GBP/USD rateChangePeriod
06 Aug 2020 : 1.31380.6% ▼1 Week
14 Jul 2020 : 1.25703.9% ▲30 Days
15 May 2020 : 1.21067.9% ▲90 Days
14 Aug 2019 : 1.20608.3% ▲1 Year
15 Aug 2015 : 1.564616.5% ▼5 Years
16 Aug 2010 : 1.564316.5% ▼10 Years

GBP/USD 10 year historic rates & change to 13-Aug-2020 : 1.3065

 

When is the best time to exchange GBP to USD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts