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GBP to USD - Compare Exchange Rates

British Pound Sterling to United States Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

Compare GBP/USD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for GBP/USD International Money Transfers. Costs are calculated against the amount when GBP is converted to USD at mid-rate.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee GBPTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
6,406.5 USD
Best Overall
1.281301.39%Bank Transfers - Online & Phone1-2 days
 
OFX logo
6,413 USD
6.5 USD
1.2826£0^1.29%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
HSBC logo
6,278.07 USD
128 USD
1.2575£7.53.36%Online, Branch, Bank Transfers2-3 days
 
Natwest Bank logo
6,243.21 USD
163 USD
1.2524153.9%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
6,215.05 USD
191 USD
1.246124.33%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
6,215 USD
191 USD
1.2467154.33%Online, Branch, Bank Transfers2-3 days
Santander International Money Transfers
 
Santander logo
6,179.18 USD
227 USD
1.2408204.88%Online, Branch, Bank Transfers2-3 days
 
Lloyds TSB logo
6,160.26 USD
246 USD
1.237205.18%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer GBP→USD
GBP amount:£5,000 GBP
Fee:
Exchange Rate:1.2813 (1.39% from mid-rate)
USD amount:6,406.5 USD
Total Cost:1.39%
Time:0:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX: Foreign Transfer GBP→USD
GBP amount:£5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:1.2826 (1.29% from mid-rate)
USD amount:6,413 USD
Total Cost:1.29%
Difference:
6.5 USD more than using TorFX
Time:
Rate Fetched: Thu Apr 18 2019 22:09:07 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer GBP→USD
GBP amount:£5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:1.2575 (3.22% from mid-rate)
USD amount:6,278.07 USD
Total Cost:3.36%
Difference:
128 USD less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logoNatwest Bank

Natwest Bank: Foreign Transfer GBP→USD
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:1.2524 (3.61% from mid-rate)
USD amount:6,243.21 USD
Total Cost:3.9%
Difference:
163 USD less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer GBP→USD
GBP amount:£5,000 GBP
Fee:12
Exchange Rate:1.2460 (4.1% from mid-rate)
USD amount:6,215.05 USD
Total Cost:4.33%
Difference:
191 USD less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→USD
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:1.2370 (4.79% from mid-rate)
USD amount:6,215 USD
Total Cost:4.33%
Difference:
191 USD less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logoSantander

Santander: Foreign Transfer GBP→USD
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:1.2408 (4.5% from mid-rate)
USD amount:6,179.18 USD
Total Cost:4.88%
Difference:
227 USD less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logoLloyds TSB

Lloyds TSB: Foreign Transfer GBP→USD
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:1.2370 (4.79% from mid-rate)
USD amount:6,160.26 USD
Total Cost:5.18%
Difference:
246 USD less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

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
Best Overall
1.272£0^2.1%Online order, Branch pickup, Home delivery2-3 days
Post Office Foreign Currency
Post Office logo
1,245 USD
27 USD
1.24504.18%Online order, Branch pickup, Home delivery2-3 days
Citibank Foreign Currency
Citibank logo
1,222.65 USD
49 USD
1.235£105.9%Branch-
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
1,212 USD
60 USD
1.2256£106.73%Branch-
 
Lloyds TSB logo
1,210.28 USD
62 USD
1.2225£106.85%Branch-
Santander Foreign Currency
 
Santander logo
1,210.28 USD
62 USD
1.2225£106.85%Branch-
 
Natwest Bank logo
1,204.16 USD
68 USD
1.2225£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 (2.1% from mid-rate)
USD amount:1,272 USD
Total Cost:2.1%
Time:
Rate Fetched: Thu Apr 18 2019 22:30:39 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:1.2450 (4.18% from mid-rate)
USD amount:1,245 USD
Total Cost:4.18%
Time:0:20 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:1.2350 (4.95% from mid-rate)
USD amount:1,222.65 USD
Total Cost:5.9%
Time:0:20 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:1.2225 (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:1.2225 (5.91% from mid-rate)
USD amount:1,210.28 USD
Total Cost:6.85%
Time:0:20 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:1.2225 (5.91% from mid-rate)
USD amount:1,210.28 USD
Total Cost:6.85%
Time:0:20 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:1.2225 (5.91% from mid-rate)
USD amount:1,204.16 USD
Total Cost:7.32%
Time:0:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

GBP to USD interbank exchange rate = 1.2993

Right now the GBP/USD interbank exchange rate is 1.2993. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert United States Dollar to British Pound Sterling.

This GBP/USD Converter calculates equivalent British Pound Sterling to United States Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

GBP / USD converter & margin calculator


£GBP
$USD
Mid-rates:
 

Foreign Transfers Travel Money

Compare how much you can save on
GBP/USD exchange rates for:

Foreign Transfers Travel Money

1 Week GBP to USD
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British Pound Sterling

United States Dollar

1 GBP 1.2993 USD
5 GBP 6.4965 USD
10 GBP 12.99 USD
20 GBP 25.99 USD
50 GBP 64.97 USD
100 GBP 129.93 USD
250 GBP 324.83 USD
500 GBP 649.65 USD
1,000 GBP 1,299.30 USD
2,000 GBP 2,598.60 USD
5,000 GBP 6,496.50 USD
10,000 GBP 12,993.00 USD
50,000 GBP 64,965.00 USD
100,000 GBP 129,930.00 USD
See more

British Pound Sterling

United States Dollar

0.7696 GBP 1 USD
3.8480 GBP 5 USD
7.6960 GBP 10 USD
15.39 GBP 20 USD
38.48 GBP 50 USD
76.96 GBP 100 USD
192.40 GBP 250 USD
384.80 GBP 500 USD
769.60 GBP 1,000 USD
1,539.20 GBP 2,000 USD
3,848.00 GBP 5,000 USD
7,696.00 GBP 10,000 USD
38,480.00 GBP 50,000 USD
76,960.00 GBP 100,000 USD
See more

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

The below table shows the historic variation in the GBP/USD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of GBP versus other currencies : GBP historical charts.

DateExchange RatePeriodChange
18 Apr 20191.3002Latest
11 Apr 20191.30551 Week-0.41%
19 Mar 20191.32701 Month-2.02%
20 Oct 20181.30726 Months-0.54%
18 Apr 20181.42021 Year-8.45%
18 Apr 20171.28432 Years+1.24%
19 Apr 20141.67925 Years-22.57%
20 Apr 20091.455110 Years-10.65%

Why can't I just get the GBP/USD market rate I see on Google or in the Media?

The GBP/USD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the GBP / USD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however 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.

The closer your final exchange rate is to the market GBP/USD midrate the better deal you are getting.

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

The three things you need in order to get a good GBP to USD exchange rate

  1. Know the latest GBP/USD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for British Pound Sterling and United States Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the GBP vs USD, you should pay attention to both British Pound Sterling and United States Dollar news and forecasts.

British Pound Sterling (GBP) - Market news and forecasts

Update 14-April: The pound hovered between US$1.30 and US$1.31 (in line with 3-month averages) after the EU granted the UK a Brexit extension until the end of October. No-deal risk is gone for now and anything is possible, including a new British prime minister, a general election and/or second referendum.

Experts at MUFG said in April that sterling would likely trade between US$1.30 and US$1.34 until more clarity emerged.

If an election is called, the pound could depreciate to US$1.24, a UBS analyst said, due to “heightened uncertainty” (the opposition Labour party is consistently ahead in the polls).

Goldman Sachs said in April that sterling was set for a “big finish” (higher) once the gridlock in the UK parliament ends and a deal is agreed and certainty found.

Earlier this year, currency analysts at HSBC estimated that the pound would be valued at levels near US$1.10 in the event of no-deal, near US$1.45 with a deal and at US$1.55 if Brexit is cancelled.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.