The pound sterling is the fourth most-traded currency in the foreign exchange market. Some providers offer rate locks or forward contracts, letting you secure a rate for future use. Look for “Rate Guarantee” or “Forward Contract” options in our tool if locking in a rate is important for your transfer.
British Pound to US Dollar Rates by Year
Western Union is a global leader in moving money and payments across borders, connecting people and businesses in over 200 countries and territories. Founded in 1851, it has grown from its roots in telegraphy to become a trusted name in financial services worldwide. Based in Denver, Colorado, Western Union continues to innovate, offering solutions that meet the ever-changing needs of its customers. The GBP to USD exchange rate fluctuates constantly throughout the trading day. Use our live currency converter at the top of this page to see the current rate. We update our rates regularly to ensure you have access to the most accurate information.
- Revolut Personal is used by over 50 million users and allows transfers in 70+ currencies to 160+ countries through various payment methods, including instant peer-to-peer payments.
- To convert GBP to USD, enter the amount you wish to convert in our calculator above.
- For actual currency exchange, you can get a quote from Cambridge Currencies for competitive rates.
- We’re transparent about our fees and always show you the total cost upfront.
- Each customer is assigned a dedicated account manager to provide expert guidance, making it particularly beneficial for larger transfers.
Set an alert now, and we’ll tell you when it gets better. And with our daily summaries, you’ll never miss out on the latest news. We refresh exchange rates in real-time or at frequent intervals.
What was the highest GBP to USD exchange rate in the last
- Premier banking customers enjoy additional options, such as phone-based international payments.
- Revolut Business is ideal for international companies who want to exchange money in 30+ currencies at interbank rates.
- Their service is designed to combine security, convenience, and value, ensuring money reaches its destination quickly and efficiently.
- Ltd., Instarem is regulated globally, ensuring secure and reliable financial services for its customers.
- With Currency Expert, you can assess multiple providers to see who offers the most favorable GBP to USD rate.
Contact them immediately if you suspect any fraudulent activity. Cheapest isn’t always best—paying a little more may offer faster transfers, better support, or additional features. Some remittance services offer faster delivery into United States, while others maximise the amount received. Depending on your needs, you can prioritise either lower fees or faster settlement — all clearly listed. The United States dollar (USD) is the world’s most widely used currency. It uses the symbol $ and is subdivided into 100 cents.
Premier banking customers enjoy additional options, such as phone-based international payments. Funds are held in segregated client accounts with major banking partners, ensuring your money is protected throughout the transfer process. Save money when you send, spend and get paid in over 40+ currencies.
Compare best GBP-USD transfer rates.
TorFX is a trusted foreign exchange provider, offering competitive rates and fee-free international money transfers for personal and business clients. Founded in 2004, it has served over 425,000 customers worldwide, processing more than £10 billion annually. With offices across the globe and award-winning customer service, TorFX combines a simple digital platform with personalised support to make money transfers seamless and secure.
Regulated by the FCA in the UK, Wise ensures safe and reliable transactions. Instarem is a fintech company founded in 2014, focused on making international money transfers simple and efficient for both individuals and businesses. Operating in over 60 countries, it offers a user-friendly platform with competitive exchange rates and low fees. Ltd., Instarem is regulated globally, ensuring secure and reliable financial services for its customers. Profee is a fast, secure, and cost-effective international money transfer service designed to make sending money abroad simple and hassle-free. The service provides investment strategies guide a user-friendly mobile app for tracking and managing transactions, while its tiered account system allows users to send up to €100,000 per year with verification.
What was the lowest GBP to USD exchange rate in the last
The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. When you leave Currency Expert, you’ll finalise the transaction on the provider’s secure website or app.
Major events like Brexit negotiations, economic recessions, and changes in monetary policy have all impacted the value of the pound against the dollar. You’ll now see the value of the converted currency according to the most recent exchange rate. Personal customers can make payments of up to £10,000 daily from the comfort of their homes, with biometric authentication providing an added layer of security.
Following these steps lets you evaluate multiple options at once, ensuring you get the best possible deal when converting GBP to USD. To view rates between the British Pound and the US Dollar for a particular year, click on one of the links below.
We’ll keep you informed of changes in exchange rates, to make sure you get the best deal. Royal Bank of Scotland offers secure, fast, and reliable fund transfers worldwide, supporting major global currencies. Once you’ve chosen the best offer, click Send Money to continue securely with the provider. Whether you’re funding the transfer via bank deposit, mobile wallet, or card, you’ll complete the transaction directly on their platform. The GBP to USD exchange rate represents how many US dollars (USD) you can get for one British pound (GBP).
Wise, formerly TransferWise, makes international money transfers simple and affordable for individuals and businesses. Operating in over 160 countries with support for 40+ currencies, it offers competitive exchange rates and low, transparent fees. Most transfers arrive within one day, and some even instantly, through a secure and user-friendly platform.
The British pound (GBP), also known as pound sterling, is the official currency of the United Kingdom and its territories. It is the world’s oldest currency still in use and the fourth most traded currency in the foreign exchange market. The pound is issued by the Bank of England and uses the symbol £. The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland.