The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to GBP Market Data
US dollar (USD) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the USD to GBP Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the British pound is to review how the USD/GBP rate has changed over time.
The table below shows the percentage change in the USD to GBP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Current market bias: Bearish for USD/GBP.
Key drivers:
- Interest rate differential favors GBP, as the Fed is expected to cut rates, while the BoE signals caution with rate reductions.
- Soft US CPI data increases expectations for a more careful U.S. monetary policy.
- The BoE's restrained rate approach supports the pound.
Near-term range: The USD/GBP pair is likely to trade within current lows, with possible fluctuations.
What could change it: Upside risk includes improved consumer sentiment in the US, boosting dollar demand; downside risk features weaker UK retail sales, potentially strengthening the dollar.
Tweet:
USD/GBP has a bearish bias as the Fed's anticipated rate cuts weigh on the dollar. Meanwhile, the BoE indicates a cautious approach, favoring the pound. If US consumer sentiment improves, the dollar could gain, but weaker UK retail sales may strengthen USD further
@bestfxrates
USD to GBP Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to GBP?
The best USD to GBP exchange rate is 0.7383 from OFX . This is -0.5% compared to the mid-market rate 0.7420.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to British pound (GBP) rates from different sources before making a conversion.
The above
Dollar to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-GBP mid-rate and the possible savings of using various providers.
How do USD-GBP rates compare between providers?
Looking at the full
USD to GBP - Send Money comparison table the provider with the best USD to GBP exchange rate is OFX at 0.7383, -0.5% from the latest mid-market rate 0.7420.
The next best is XE at 0.7375, -0.61% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.