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    GBP to USD Exchange Rates

    Compare & Save on Pound Sterling to US dollar FX rates - Check GBP/USD Trends and Forecasts.

     
    1 GBP =
    1.2119We compare provider deals to this wholesale mid-market rate. Read more
    USD
    GBP to USD at 1.2119 is 3.2% below its 90-day average 1.2516 with range 1.1998-1.3116.
    |
    Sell GBP   →   Buy USD
    Track Rate

    14-DAYLOW
     

    In June the GBP/USD exchange rate dropped as low as the 1.20 level after the Federal Reserve raised interest rates combined with the continuing impact of the Ukraine war on commodity prices.

    The Bank of England has joined the global fight against inflation, but has raised rates by less than the US Federal Reserve.

    So it seems the BoE’s gloomy economic forecasts has increased pressure on Sterling.

     GBP-USD Forecasts

    DateGBP/USDChangePeriod
    20 Jun 2022
    1.2249
    1.2% 2 Week
    05 Apr 2022
    1.3077
    7.4% 3 Month
    04 Jul 2021
    1.3831
    12.5% 1 Year
    05 Jul 2017
    1.2931
    6.4% 5 Year
    06 Jul 2012
    1.5506
    21.9% 10 Year
    09 Jul 2002
    1.5470
    21.7% 20 Year
    GBP/USD change over periods to 04-Jul-2022

    GBP to USD - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     
    Compare Transfer Rates : Send £10,000 GBP → Receive USD
    ProviderReceive USDGBP/USD RateCost
    OFX
    Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals.
     
    See more
    10,000 GBP =
    12,031 USD
    Up to 569 USD more
    0.75%
    See more
    1.20310.75%
    TorFX
    TorFX provide no fee transfers with good exchange rates and excellent customer service.
     
    See more
    10,000 GBP =
    11,925 USD
    Get $106 less
    1.63%
    See more
    1.19251.63%
    HSBC
    HSBC's profit margin is generally 2.5%-7% depending on currencies and amounts.
     
    See more
    10,000 GBP =
    11,795 USD
    Get $236 less
    2.7%
    See more
    1.18192.7%
    Standard Chartered
    Standard Chartered's profit margin is generally 4 - 8% depending on currencies and amounts.
     
    See more
    10,000 GBP =
    11,758 USD
    Get $273 less
    3%
    See more
    1.17583%
    Chase Bank
    Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts.
     
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    10,000 GBP =
    11,710 USD
    Get $321 less
    3.4%
    See more
    1.1713.4%
    Barclays Bank
    Barclay's profit margin is generally 4 - 8% depending on currencies and amounts.
     
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    10,000 GBP =
    11,686 USD
    Get $345 less
    3.6%
    See more
    1.16983.6%
    Natwest Bank
    Natwest's profit margin is generally 4 - 8% depending on currencies and amounts.
     
    See more
    10,000 GBP =
    11,645 USD
    Get $386 less
    3.93%
    See more
    1.16623.93%
    SHOW ALL
     
    10,000 GBP =
    11,626 USD
    Get $405 less
    4.09%
    1.16594.09%
     Average Bank Rate 
    Paypal
    The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent.
     
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    10,000 GBP =
    11,613 USD
    Get $418 less
    4.2%
    See more
    1.16134.2%
    Citibank
    Citibank's profit margin is generally 3 - 7% depending on currencies and amounts.
     
    See more
    10,000 GBP =
    11,588 USD
    Get $443 less
    4.41%
    See more
    1.16024.41%
    Deutsche Bank
    Deutsche Bank's profit margin is generally 3 - 7% depending on currencies and amounts.
     
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    10,000 GBP =
    11,581 USD
    Get $450 less
    4.46%
    See more
    1.16984.46%
    Santander
    Santander's profit margin is generally 3 - 7% depending on currencies and amounts.
     
    See more
    10,000 GBP =
    11,531 USD
    Get $500 less
    4.88%
    See more
    1.15544.88%
    Lloyds Bank
    Lloyds' profit margin is generally 4 - 8% depending on currencies and amounts.
     
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    10,000 GBP =
    11,506 USD
    Get $525 less
    5.08%
    See more
    1.15065.08%
    Royal Bank of Scotland
    RBS's profit margin is generally 4 - 8% depending on currencies and amounts.
     
    See more
    10,000 GBP =
    11,462 USD
    Get $569 less
    5.44%
    See more
    1.15785.44%
     
    ProviderOFX
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $12,031
    Exchange Rate1GBP = 1.2031 USD (1USD = 0.8312GBP)
    Rate Margin0.75%
    Other Fees£0
    Total Cost
    (Rate Margin + Fees)
    0.75%
    Transfer Speed1-2 days
    Rate Retrieved06:01 Local - BER

    No fees on all your OFX transfers

    Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals.

     
    Submit a Rate for OFX to improve our service.
     
    ProviderTorFX
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,925
    Exchange Rate1GBP = 1.1925 USD (1USD = 0.8386GBP)
    Rate Margin1.63%
    Other Fees£0
    Total Cost
    (Rate Margin + Fees)
    1.63%
    Difference
    Get $106 USD less than withOFX
    Transfer Speed1-2 days
    Rate Retrieved06:01 Local - BER

    TorFX provide no fee transfers with good exchange rates and excellent customer service.

     
    Submit a Rate for TorFX to improve our service.
     
    ProviderHSBC
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,795
    Exchange Rate1GBP = 1.1819 USD (1USD = 0.8461GBP)
    Rate Margin2.5%
    Other Fees£20
    Total Cost
    (Rate Margin + Fees)
    2.7%
    Difference
    Get $236 USD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:01 Local - BER

    HSBC's profit margin is generally 2.5%-7% depending on currencies and amounts.

     
    Submit a Rate for HSBC to improve our service.
     
    ProviderStandard Chartered
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,758
    Exchange Rate1GBP = 1.1758 USD (1USD = 0.8505GBP)
    Rate Margin3%
    Other Fees£
    Total Cost
    (Rate Margin + Fees)
    3%
    Difference
    Get $273 USD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:01 Local - BER

    Standard Chartered's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for Standard Chartered to improve our service.
     
    ProviderChase Bank
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,710
    Exchange Rate1GBP = 1.1710 USD (1USD = 0.8540GBP)
    Rate Margin3.4%
    Other Fees£0
    Total Cost
    (Rate Margin + Fees)
    3.4%
    Difference
    Get $321 USD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:01 Local - BER

    Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for Chase Bank to improve our service.
     
    ProviderBarclays Bank
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,686
    Exchange Rate1GBP = 1.1698 USD (1USD = 0.8548GBP)
    Rate Margin3.5%
    Other Fees£10
    Total Cost
    (Rate Margin + Fees)
    3.6%
    Difference
    Get $345 USD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:01 Local - BER

    Barclay's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for Barclays Bank to improve our service.
     
    ProviderNatwest Bank
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,645
    Exchange Rate1GBP = 1.1662 USD (1USD = 0.8575GBP)
    Rate Margin3.79%
    Other Fees£15
    Total Cost
    (Rate Margin + Fees)
    3.93%
    Difference
    Get $386 USD less than withOFX
    Transfer Speed2-3 days
    BER Rating1/5.0
    Rate Retrieved06:01 Local - BER

    Natwest's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for Natwest Bank to improve our service.
     
    ProviderComparison Rate
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,626
    Exchange Rate1GBP = 1.1841 USD (1USD = 0.8445GBP)
    Rate Margin2.32%
    Total Cost
    (Rate Margin + Fees)
    4.09%
    Difference
    Get $405 USD less than withOFX
     
    ProviderPaypal
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,613
    Exchange Rate1GBP = 1.1613 USD (1USD = 0.8611GBP)
    Rate Margin4.2%
    Other Fees£0
    Total Cost
    (Rate Margin + Fees)
    4.2%
    Difference
    Get $418 USD less than withOFX
    Transfer Speed1-2 days
    BER Rating2/5.0
    Rate Retrieved06:01 Local - BER

    The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent.

     
    Submit a Rate for Paypal to improve our service.
     
    ProviderCitibank
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,588
    Exchange Rate1GBP = 1.1602 USD (1USD = 0.8619GBP)
    Rate Margin4.29%
    Other Fees£12
    Total Cost
    (Rate Margin + Fees)
    4.41%
    Difference
    Get $443 USD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:01 Local - BER

    Citibank's profit margin is generally 3 - 7% depending on currencies and amounts.

     
    Submit a Rate for Citibank to improve our service.
     
    ProviderDeutsche Bank
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,581
    Exchange Rate1GBP = 1.1698 USD (1USD = 0.8548GBP)
    Rate Margin3.5%
    Other Fees£100.00 GBP (1%)
    Total Cost
    (Rate Margin + Fees)
    4.46%
    Difference
    Get $450 USD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:01 Local - BER

    Deutsche Bank's profit margin is generally 3 - 7% depending on currencies and amounts.

     
    Submit a Rate for Deutsche Bank to improve our service.
     
    ProviderSantander
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,531
    Exchange Rate1GBP = 1.1554 USD (1USD = 0.8655GBP)
    Rate Margin4.69%
    Other Fees£20
    Total Cost
    (Rate Margin + Fees)
    4.88%
    Difference
    Get $500 USD less than withOFX
    Transfer Speed2-3 days
    BER Rating2/5.0
    Rate Retrieved06:01 Local - BER

    Santander's profit margin is generally 3 - 7% depending on currencies and amounts.

     
    Submit a Rate for Santander to improve our service.
     
    ProviderLloyds Bank
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,506
    Exchange Rate1GBP = 1.1506 USD (1USD = 0.8691GBP)
    Rate Margin5.08%
    Other Fees£0
    Total Cost
    (Rate Margin + Fees)
    5.08%
    Difference
    Get $525 USD less than withOFX
    Transfer Speed2-3 days
    BER Rating1/5.0
    Rate Retrieved06:01 Local - BER

    Lloyds' profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for Lloyds Bank to improve our service.
     
    ProviderRoyal Bank of Scotland
    FX TypeForeign Transfer GBP→USD
    From Amount (GBP) £10,000
    To Amount (USD) $11,462
    Exchange Rate1GBP = 1.1578 USD (1USD = 0.8637GBP)
    Rate Margin4.49%
    Other Fees£100.00 GBP (1%)
    Total Cost
    (Rate Margin + Fees)
    5.44%
    Difference
    Get $569 USD less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:01 Local - BER

    RBS's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for Royal Bank of Scotland to improve our service.
     
    loading
    Cost % is Provider Rate Margin vs Mid-rate + Fees

    GBP/USD=1.2122
    14-DAYLOW
    GBPUSD chart
    My Rates
    GBP/USD Mid-rate Calculator
    * This table compares FX rates & fees of selected FX specialists and banks for GBP to USD International Money Transfers. Providers must be well established, reputable and regulated in the UK by the FCA for the provision of payment services. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.
     

    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest GBP to USD Exchange Rate (shown above) or a transaction fee and often both!

     

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

       

    Country Guides - Pound Sterling & US dollar

     
    United StatesUnited States (USD)United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)
    Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)
       
     

    How to get a good GBP to USD Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    Generally speaking, if you are buying US dollar with Pound Sterling, then it's good for the GBP/USD exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to the United States.

     

    Will the Pound Sterling rise against the US dollar?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add GBP/USD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

     
    Track Rate
     

    Manage My Rates

     

    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.