Today's best pound to dollar exchange rates

Frequently Asked Questions About Pound to Dollar Exchange Rates and Transfers

• How do I get the best pound to dollar exchange rate today?

  1. Check the real mid-market exchange rate for GBP to USD (on Google, XE.com, or Monito;
  2. Run a search on Monito's comparison engine to find the best GBP to USD transfer rates;
  3. Find the service that offers the closest rate to the mid-market rate;
  4. Sign up and confirm your transfer.
• What is the best way to transfer GBP to USD?

  From November 2021 to November 2022, TransferGo was the best and cheapest way on average to transfer money to the USA from the UK.

  The best way to transfer money internationally from the UK to the USA is to use an international money transfer specialist, such as TransferGo, Wise, CurrencyFair, Xendpay, or Revolut Money Transfer.

• Should I buy my dollars in The United States?

  The best way to get USD, or any foreign currency for travel, is to either withdraw cash at an ATM abroad with a debit card or get a multi-currency travel card. Compare the best multi-currency accounts here which let you hold 20+ foreign currencies digitally.

• What is a good pound to dollar rate?

  The best pound-to-dollar rate is the real mid-market exchange rate, which is the live rate that banks use to trade currencies.

  Currency exchange providers will charge rates weaker than the real rate to turn a profit. The best money transfer providers on Monito either use the mid-market rate or use a markup of 0.5% to around 2%. Banks and currency kiosks have been known to charge markups of 5% to even 15%.