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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.
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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.
British Pound Sterling to United States Dollar
This currency pair, often called “Cable” in forex trading, is one of the most traded pairs globally. We partner with leading data providers to bring you the latest and most accurate prices for all major currencies and precious metals. Exchange-rates.org has been a leading provider of currency quotes and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.
Compare GBP–USD exchange rates and fees
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 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.
- The rate you receive when exchanging money typically includes a small margin that covers the service provider’s costs.
- You’ll now see the value of the converted currency according to the most recent exchange rate.
- Always verify the final rate on the provider’s checkout page before finalising.
- Convert GBP to USD at today’s exchange rate with our free currency converter.
Send GBP to USD – Best Money Exchange Rates Today
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.
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 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.
The dollar acts as a primary reserve currency for central banks and supports global trade. Many countries either peg their currency to the US dollar or use it directly. We handle high-value transfers with clear onboarding support and dedicated account management for transfers over $25,000. Both account types prioritise security, transparency, and user-friendly features, making Revolut a versatile choice for personal and professional financial needs. All investment services are provided by the respective Wise Assets entity in your location. Our real-time Rates tool displays estimated delivery times, so you can pick the swiftest option if speed is your priority.
Key features include tools like forward contracts and automatic orders, as well as fee-free monthly allowances for currency exchanges based on different subscription plans. The mid-market rate is the real exchange rate between two currencies, which you see on financial news sites. The rate you receive when exchanging money typically includes a small margin that covers the service provider’s costs. We’re transparent about our fees and always show you the total cost upfront. To convert GBP to USD, enter the amount you wish to convert in our calculator above.
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.
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.
- Our interactive GBP to USD chart use real-time mid-market exchange rates and allow you to view historical data up to the last 5 years.
- Exchange rates can fluctuate by the minute while markets are open.
- Secure international money transfers with competitive exchange rates and low fees.
- All investment services are provided by the respective Wise Assets entity in your location.
Secure international money transfers with competitive exchange rates and low fees. They provide a cost-effective alternative to traditional banks by offering competitive exchange rates and eliminating transfer fees on most transactions. Their service is designed to combine security, convenience, and value, ensuring money reaches its destination quickly and efficiently.
GBP — British pound
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.
The converter will automatically show you the equivalent amount in US dollars based on the current exchange rate. For actual currency exchange, you bitcoin mining explained can get a quote from Cambridge Currencies for competitive rates. Our interactive GBP to USD chart use real-time mid-market exchange rates and allow you to view historical data up to the last 5 years.
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