Mid-market exchange rate
1 USD = GBP
Get the best rate
Sponsored
9.3 Monito Score
Remitly gives you fast and secure online money transfers at excellent rates! Click the link below to get a special promotion on your first transfer:
Go to Remitly ❯
Compare USD-GBP exchange rates and fees before your next money transfer
Last updated 4 hours ago See live results
Sending 1,000 USD with | Your recipient gets | Exchange rate | Fees |
---|---|---|---|
787.10 GBP Check rates | Instarem USD to GBP rate: 1 USD = 0.7871 GBP | 0 USD | |
786.30 GBP Check rates | Panda Remit USD to GBP rate: 1 USD = 0.7863 GBP | 0 USD | |
784.91 GBP Check rates | Wise USD to GBP rate: 1 USD = 0.7908 GBP | 7 USD | |
783.70 GBP Check rates | Western Union USD to GBP rate: 1 USD = 0.7837 GBP | 0 USD | |
783.20 GBP Check rates | CurrencyFair USD to GBP rate: 1 USD = 0.7832 GBP | 0 USD | |
782.90 GBP Check rates | Remitly USD to GBP rate: 1 USD = 0.7829 GBP | 0 USD | |
782.46 GBP Check rates | OFX USD to GBP rate: 1 USD = 0.7825 GBP | 0 USD | |
777.53 GBP Check rates | Paysend USD to GBP rate: 1 USD = 0.7791 GBP | 2 USD | |
771.93 GBP Check rates | Xoom USD to GBP rate: 1 USD = 0.7719 GBP | 0 USD | |
771.50 GBP Check rates | XE Money Transfer USD to GBP rate: 1 USD = 0.7715 GBP | 0 USD | |
770.79 GBP Check rates | Moneycorp USD to GBP rate: 1 USD = 0.7708 GBP | 0 USD | |
768.68 GBP Check rates | WorldRemit USD to GBP rate: 1 USD = 0.7687 GBP | 0 USD | |
754.33 GBP Check rates | PayPal USD to GBP rate: 1 USD = 0.7581 GBP | 5 USD |
Go to full comparison
Compare for a specific amount, different pay-in and pay-out options, and see transfer speed and Monito Scores on our dedicated comparison page.
How To Get the Best USD to GBP Exchange Rate
The best way to take advantage of the currentmid-market exchange ratefrom USD to GBP is to use Monito's comparison engine, which searches for trusted international money transfer services that apply strong rates and low commission fees:
- Check the USD to GBPmid-market exchange rate;
- Use Monito to compare services with low fees and strong rates;
- Sign up for the best service;
- Confirm your transfer to the United Kingdom.
Where To Get the Best Exchange Rate For Dollars to Pounds
Wise has provided the best exchange rate for the Dollar to the Pound sterling from July 2021 to July 2022 on Monito.Currencyfairhas been the second cheapest on average during this 12-month period, whileInstaremhas come in at third.
High street banks can send your US dollars to the United Kingdom, but they often applyweak exchange ratesand they charge high fees. International money transfer specialists almost always offer lower transfer fees and better exchange rates when sending money to the UK.
Go to Wise ❯
or compare to other services
Conversion Rates USD/GBP
1 USD | 0.790821 GBP |
50 USD | 39.54103 GBP |
100 USD | 79.08206 GBP |
200 USD | 158.16412 GBP |
500 USD | 395.4103 GBP |
1,000 USD | 790.820599 GBP |
3,500 USD | 2,768 GBP |
5,000 USD | 3,954 GBP |
10,000 USD | 7,908 GBP |
100,000 USD | 79,082 GBP |
Source XE.com | Last updated 34 minutes ago
Conversion Rates GBP/USD
1 GBP | 1.264509 USD |
50 GBP | 63.225465 USD |
100 GBP | 126.45093 USD |
300 GBP | 379.352789 USD |
500 GBP | 632.254648 USD |
1,000 GBP | 1,265 USD |
2,000 GBP | 2,529 USD |
3,000 GBP | 3,794 USD |
5,000 GBP | 6,323 USD |
10,000 GBP | 12,645 USD |
Source XE.com | Last updated 34 minutes ago
Key facts about USD and GBP
About the US dollar
- Name:
- US dollar
- Symbol:
- $
- Minor unit:
- 1/100 Cent
- Central Bank:
- Federal Reserve Bank
- Countries:
- Ecuador, Guam, Micronesia, Palau, Panama, Zimbabwe, United States, Congo (RDC), El Salvador, Virgin Islands, British, American Samoa, Marshall Islands, Puerto Rico
- Rank in the most traded currencies:
- #1
About the Pound sterling
- Name:
- Pound sterling
- Symbol:
- £
- Minor unit:
- 1/100 penny
- Central Bank:
- Bank of England
- Countries:
- United Kingdom, South Sudan
- Rank in the most traded currencies:
- #4
US dollars (USD) and Pounds sterling (GBP) exchange rates with other main currencies
USD | GBP | EUR | CAD | INR | PHP | UYU | GEL | |
---|---|---|---|---|---|---|---|---|
1 USD | 0.7908 | 0.9334 | 1.3684 | 83.3645 | 58.4357 | 39.4132 | 2.8125 | |
1 GBP | 1.2645 | 1.1803 | 1.7303 | 105.4151 | 73.8924 | 49.8383 | 3.5564 | |
1 EUR | 1.0713 | 0.8472 | 1.4660 | 89.3092 | 62.6027 | 42.2237 | 3.0131 | |
1 CAD | 0.7308 | 0.5779 | 0.6822 | 60.9223 | 42.7045 | 28.8030 | 2.0554 | |
1 INR | 0.011996 | 0.009486 | 0.011197 | 0.016414 | 0.7010 | 0.4728 | 0.033738 | |
1 PHP | 0.017113 | 0.013533 | 0.015974 | 0.023417 | 1.4266 | 0.6745 | 0.048130 | |
1 UYU | 0.025372 | 0.020065 | 0.023683 | 0.034719 | 2.1151 | 1.4826 | 0.071360 | |
1 GEL | 0.3556 | 0.2812 | 0.3319 | 0.4865 | 29.6406 | 20.7770 | 14.0135 |
Source XE.com | Last updated a few seconds ago
Understanding What the Best USD - GBP Exchange Rate Looks Like
Large banks, hedge funds, and other financial institutions around the world buy and sell currency from each other — often with the hope of buying low and selling high, storing their assets in a safe currency, and many other financial reasons.
This foreign exchange market is known as the interbank market. The way in which bank dealers and traders determine the market price for a currency pair (such as USD and GBP) depends on many factors.
What Is the Mid-Market Exchange Rate?
What is important to note is that a spread of trades is offered. Ultimately, the price they determine is known as the mid-market exchange rate. These kinds of transactions are being done by actors around the world every second of the day, which is why exchange rates fluctuate up and down.
What Is an Exchange Rate Margin?
When a currency is sold by banks to retail customers, that spread is much wider. In other words, banks will ask for your US dollars at a weak rate and sell you Pound sterling at an expensive rate. This difference between the mid-market rate and the provider's proposed rate is known as an exchange rate margin. This is often the cost that international money transfer customers overlook the most.
Online money transfer specialists have used technology and their financial leverage to access better exchange rates. As a result, they can potentially save you significant amounts of money when you transfer your US dollars to the Pound sterling. Compare these services and their rates using Monito's real-time comparison engine:
Compare the best services with the USD to GBP mid-market exchange rate:
Frequently Asked Questions About the Best USD to GBP Exchange Rate
What is a good USD to GBP rate?
The closer the provider's proposed USD to GBP rate is to the mid-market rate, the better.
Who gives the best exchange rate for US dollars?
From July 2021 to July 2022, Wise gave the best exchange rate for US dollars to the British pound. Currencyfair was second best while Instarem was third.
Where is the best place to change US dollars to pounds?
The best place to exchange USD to GBP is with an online money transfer specialist, such as Currencyfair, Wise, Instarem, and many others.
Monito experts highly discourage customers from using banks, credit unions, or airport kiosks for currency exchange.
What is the strongest The Pound has ever been against the Dollar?
1 GBP = 1.71573 USD
The strongest the pound was against the dollar in the past 10 years between 2012 and 2022 was on July 10th, 2014 when 1 Pound was equivalent to about 1.71 US dollars.
Is the dollar going up against the pound?
Yes, the dollar has been rising in strength against the pound in 2021.
When financiers speculate economic downturn, many store their assets in US dollars because it is considered a safe and stable currency. Domestic monetary policy also has a role to play. When the Federal Reserve increases interest rates, with the goal of taming inflation, it often increases the strength of the dollar respective to other foreign currencies. These are just a few of many complex reasons.
Is USD stronger than GBP?
As of 2021, the GBP is still stronger than the USD.
Exchange rates alone will not answer this question. We must first understand the "purchasing power" of a currency. Putting exchange rate numbers aside, we must ask how much money you need to purchase a standard basket of consumer goods (food, car, entertainment, home, etc).
Each year the OECD calculates these comparisons. In 2021, if that basket of goods cost $100 in the US, that same basket of goods would have cost $105 in the UK.
Which UK bank has the best exchange rate?
High street banks rarely publish their foreign exchange rates publicly, and instead, show their rates to customers just before purchase. Not only are banks and credit unions more expensive, but they are also less transparent than money transfer specialists.
Compare international money transfer services with much better, stronger exchange rates with Monito's real-time comparison engine.
Is Barclays exchange rate good?
No, Barclays exchange rate is not good. Banks exchange your currency at weak rates, meaning that you will lose money on a hefty exchange rate margin.
With Monito's real-time comparison engine, compare international money transfer services, which show their transparent rates up front and charge much less than traditional providers.