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For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in the United States and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track USD rates – transact when market in your favour. Follow FX forecasts & analysis.
Any marketing fees we receive from partners do not affect your exchange rate savings.
BestExchangeRates.com keeps you up-to-date on US dollar forecasts by collating the views of reliable FX forecasters and economists together with recent 90-day USD price data. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.
According to FX analysts and recent market updates, the US dollar (USD) has been showing strength against major currencies such as the euro (EUR), British pound (GBP), and Japanese yen (JPY). The USD to EUR exchange rate has reached 90-day highs at around 0.9397, sitting 2.5% above its 3-month average of 0.9165. Similarly, the USD to GBP exchange rate has also hit 90-day highs near 0.8155, marking a 3.6% increase from its 3-month average of 0.7873. Lastly, the USD to JPY exchange rate stands at 147.9, which is 2.6% higher than its 3-month average of 144.1.
Economists anticipate that the USD's recent upswing may see a reversal in 2023. As the Federal Reserve's interest rate hikes cycle approaches its end, the USD's strength is expected to diminish. It is important for businesses and individuals involved in international transactions to bear this in mind. Monitoring currency market trends and forecasts can aid in making informed decisions to optimize savings on international transactions.
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
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We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
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Check out our Money Saving Guides, Provider & Bank Reviews, Forecasts, FX-News and Content-Hub for more.
Looking for a way to make your next trip more affordable? Check out our Country Guides to the best deals for your international foreign transfers and travel money. These articles will give you travel tips and offer advice for your next trip abroad.
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BER is operated by Best Exchange Rates Pty Ltd, a company incorporated under the laws of Australia with company number ABN 68082714841.BER is a comparison website only and not a currency trading platform. BestExchangeRates.com uses cookies. Disclaimer & Terms of Service Privacy