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Understanding the Table:
The comparison table above helps you see the total cost of your Western Union 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’.
Western Union is a trusted provider of international money transfer services, offering a variety of convenient options to send and receive funds globally.
Customers can transfer money through multiple channels:
Recipients have several options:
Key Features
The Western Union GBP to USD exchange rate is 1.3451. This is -1% compared to the latest GBP-USD mid-market rate 1.3587.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to US dollar (USD) rates from different sources before making a conversion.
The above Western Union - Sterling to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Western Union and other foreign exchange providers against the latest GBP-USD mid-rate and the possible savings of using various providers.
Looking at the full GBP to USD - Send Money comparison table the provider with the best GBP to USD exchange rate is Wise at 1.3526, -0.45% from the latest mid-market rate 1.3587.
The next best is OFX at 1.3519, -0.5% from the mid-rate.
Then Currencies Direct at 1.3517, which is -0.52% from the mid-rate.
The Western Union rate is 1.3451 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.2883 at -5.2% the Royal Bank of Scotland rate is 1.2964 at -4.6% and the Barclays Bank rate is 1.3112 at -3.5% compared to the mid-rate 1.3587.
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 like Western Union or platforms that offer rates closer to the mid-market rate.
The recent forecast for the GBP to USD exchange rate suggests a complex interplay of economic indicators and geopolitical events affecting both currencies.
The GBP to EUR exchange rate is currently hovering at 30-day lows near 1.1745, which is approximately 0.6% below its three-month average of 1.1812.
The GBP to JPY exchange rate is currently at 195.5, which represents a 1.6% increase over its three-month average of 192.5, fluctuating within a stable range of 186.7 to 196.2.
View a full list of exchange rates by selecting your Base (from) currency: