Best Australian Dollar / U.S. Dollar Exchange Rate Today: 0.6430
Compare international payments, cash buys, travel money.
Live rate: 1 AUD = 0.6430 USD
Inverted: 1 USD = 1.5552 AUD
| Provider | Exchange Rate | Fee | Recipient gets | Service | Notes | Action |
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Live Market Rate |
0.6430 |
 Set Alert
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0.6411 | 0 | 0.6411 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
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0.6385 | 0 | 0.6385 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
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0.6372 | 0 | 0.6372 | Holiday FX, Cash Delivery | A specialist alternative to banks, bureau de change & the Post Office for clients seeking competitive currency exchange rates. A multiple award-winning company, offering free delivery (over £700.00 , no commission charges, payment by Debit Card or Bank Transfer and typically offering the best exchange rates available. | |
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Best Bank Rate 
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0.6250 | Variable | 0.6250 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
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Worst Bank Rate
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0.6205 | Variable | 0.6205 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
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Airport Pickup 
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0.6334 | 0 | 0.6334 | Holiday FX, Cash Delivery | Booking Online prior to pickup is the key to getting a good rate |
Ranking Snapshot
Horizon Currency
payments
Wise
payments
Revolut
payments, cash
Global Reach
payments
Travel FX
holiday cash
Covent Garden FX
holiday cash
Moneycorp
payments
Tesco
cash
Post Office
cash
HSBC
representative of high street bank rates
About the rankings
AUD/USD Live Chart and Data
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January - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.7272 Close: 0.7271 Mid: 0.7272 | ||||||
2 Open: 0.7271 Close: 0.7268 Mid: 0.7295 | 3 Open: 0.7268 Close: 0.7196 Mid: 0.7227 | 4 Open: 0.7196 Close: 0.7239 Mid: 0.7223 | 5 Open: 0.7238 Close: 0.7221 Mid: 0.7247 | 6 Open: 0.7220 Close: 0.7163 Mid: 0.7179 | 7 Open: 0.7163 Close: 0.7177 Mid: 0.7168 | 8 Open: 0.7179 Close: 0.7182 Mid: 0.7179 |
9 Open: 0.7182 Close: 0.7178 Mid: 0.7197 | 10 Open: 0.7179 Close: 0.7180 Mid: 0.7178 | 11 Open: 0.7180 Close: 0.7210 Mid: 0.7188 | 12 Open: 0.7210 Close: 0.7282 Mid: 0.7248 | 13 Open: 0.7282 Close: 0.7281 Mid: 0.7294 | 14 Open: 0.7281 Close: 0.7219 Mid: 0.7246 | 15 Open: 0.7219 Close: 0.7237 Mid: 0.7228 |
16 Open: 0.7237 Close: 0.7216 Mid: 0.7235 | 17 Open: 0.7216 Close: 0.7212 Mid: 0.7220 | 18 Open: 0.7211 Close: 0.7186 Mid: 0.7194 | 19 Open: 0.7189 Close: 0.7216 Mid: 0.7210 | 20 Open: 0.7217 Close: 0.7216 Mid: 0.7242 | 21 Open: 0.7217 Close: 0.7204 Mid: 0.7197 | 22 Open: 0.7203 Close: 0.7203 Mid: 0.7204 |
23 Open: 0.7203 Close: 0.7188 Mid: 0.7189 | 24 Open: 0.7188 Close: 0.7155 Mid: 0.7143 | 25 Open: 0.7154 Close: 0.7158 Mid: 0.7161 | 26 Open: 0.7161 Close: 0.7121 Mid: 0.7141 | 27 Open: 0.7121 Close: 0.7036 Mid: 0.7071 | 28 Open: 0.7037 Close: 0.6997 Mid: 0.7023 | 29 Open: 0.6997 Close: 0.7020 Mid: 0.7009 |
30 Open: 0.7026 Close: 0.6996 Mid: 0.7004 | 31 Open: 0.6997 Close: 0.7068 Mid: 0.7046 |
February - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.7068 Close: 0.7133 Mid: 0.7094 | 2 Open: 0.7134 Close: 0.7120 Mid: 0.7136 | 3 Open: 0.7121 Close: 0.7142 Mid: 0.7125 | 4 Open: 0.7142 Close: 0.7136 Mid: 0.7062 | 5 Open: 0.7136 Close: 0.7097 Mid: 0.7117 | ||
6 Open: 0.7097 Close: 0.7080 Mid: 0.7100 | 7 Open: 0.7080 Close: 0.7128 Mid: 0.7102 | 8 Open: 0.7128 Close: 0.7145 Mid: 0.7132 | 9 Open: 0.7145 Close: 0.7178 Mid: 0.7175 | 10 Open: 0.7177 Close: 0.7162 Mid: 0.7198 | 11 Open: 0.7162 Close: 0.7249 Mid: 0.7201 | 12 Open: 0.7179 Close: 0.7142 Mid: 0.7196 |
13 Open: 0.7142 Close: 0.7147 Mid: 0.7149 | 14 Open: 0.7144 Close: 0.7132 Mid: 0.7137 | 15 Open: 0.7132 Close: 0.7149 Mid: 0.7134 | 16 Open: 0.7149 Close: 0.7195 Mid: 0.7183 | 17 Open: 0.7192 Close: 0.7188 Mid: 0.7196 | 18 Open: 0.7186 Close: 0.7178 Mid: 0.7197 | 19 Open: 0.7178 Close: 0.7178 Mid: 0.7186 |
20 Open: 0.7178 Close: 0.7172 Mid: 0.7176 | 21 Open: 0.7172 Close: 0.7185 Mid: 0.7198 | 22 Open: 0.7185 Close: 0.7227 Mid: 0.7206 | 23 Open: 0.7227 Close: 0.7228 Mid: 0.7243 | 24 Open: 0.7228 Close: 0.7161 Mid: 0.7165 | 25 Open: 0.7159 Close: 0.7304 Mid: 0.7231 | 26 Open: 0.7250 Close: 0.7189 Mid: 0.7245 |
27 Open: 0.7189 Close: 0.7186 Mid: 0.7223 | 28 Open: 0.7185 Close: 0.7258 Mid: 0.7233 |
March - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.7259 Close: 0.7259 Mid: 0.7259 | 2 Open: 0.7260 Close: 0.7295 Mid: 0.7275 | 3 Open: 0.7293 Close: 0.7337 Mid: 0.7311 | 4 Open: 0.7335 Close: 0.7417 Mid: 0.7382 | 5 Open: 0.7367 Close: 0.7367 Mid: 0.7392 | ||
6 Open: 0.7367 Close: 0.7393 Mid: 0.7380 | 7 Open: 0.7395 Close: 0.7329 Mid: 0.7380 | 8 Open: 0.7329 Close: 0.7268 Mid: 0.7299 | 9 Open: 0.7268 Close: 0.7315 Mid: 0.7310 | 10 Open: 0.7317 Close: 0.7367 Mid: 0.7340 | 11 Open: 0.7366 Close: 0.7291 Mid: 0.7322 | 12 Open: 0.7341 Close: 0.7341 Mid: 0.7316 |
13 Open: 0.7341 Close: 0.7299 Mid: 0.7290 | 14 Open: 0.7296 Close: 0.7199 Mid: 0.7220 | 15 Open: 0.7198 Close: 0.7191 Mid: 0.7200 | 16 Open: 0.7190 Close: 0.7288 Mid: 0.7245 | 17 Open: 0.7289 Close: 0.7381 Mid: 0.7340 | 18 Open: 0.7381 Close: 0.7420 Mid: 0.7417 | 19 Open: 0.7420 Close: 0.7420 Mid: 0.7420 |
20 Open: 0.7420 Close: 0.7409 Mid: 0.7430 | 21 Open: 0.7410 Close: 0.7396 Mid: 0.7403 | 22 Open: 0.7396 Close: 0.7461 Mid: 0.7420 | 23 Open: 0.7462 Close: 0.7499 Mid: 0.7477 | 24 Open: 0.7499 Close: 0.7512 Mid: 0.7506 | 25 Open: 0.7510 Close: 0.7521 Mid: 0.7582 | 26 Open: 0.7520 Close: 0.7645 Mid: 0.7580 |
27 Open: 0.7625 Close: 0.7517 Mid: 0.7564 | 28 Open: 0.7517 Close: 0.7497 Mid: 0.7507 | 29 Open: 0.7497 Close: 0.7515 Mid: 0.7488 | 30 Open: 0.7514 Close: 0.7503 Mid: 0.7521 | 31 Open: 0.7502 Close: 0.7493 Mid: 0.7496 |
April - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.7493 Close: 0.7498 Mid: 0.7497 | 2 Open: 0.7527 Close: 0.7508 Mid: 0.7514 | |||||
3 Open: 0.7508 Close: 0.7485 Mid: 0.7503 | 4 Open: 0.7486 Close: 0.7543 Mid: 0.7522 | 5 Open: 0.7543 Close: 0.7586 Mid: 0.7595 | 6 Open: 0.7587 Close: 0.7505 Mid: 0.7550 | 7 Open: 0.7506 Close: 0.7479 Mid: 0.7494 | 8 Open: 0.7479 Close: 0.7493 Mid: 0.7479 | 9 Open: 0.7473 Close: 0.7473 Mid: 0.7483 |
10 Open: 0.7473 Close: 0.7446 Mid: 0.7463 | 11 Open: 0.7446 Close: 0.7415 Mid: 0.7435 | 12 Open: 0.7415 Close: 0.7454 Mid: 0.7447 | 13 Open: 0.7453 Close: 0.7451 Mid: 0.7452 | 14 Open: 0.7453 Close: 0.7409 Mid: 0.7477 | 15 Open: 0.7408 Close: 0.7403 Mid: 0.7430 | 16 Open: 0.7408 Close: 0.7408 Mid: 0.7406 |
17 Open: 0.7408 Close: 0.7393 Mid: 0.7447 | 18 Open: 0.7396 Close: 0.7359 Mid: 0.7375 | 19 Open: 0.7357 Close: 0.7394 Mid: 0.7375 | 20 Open: 0.7394 Close: 0.7447 Mid: 0.7423 | 21 Open: 0.7444 Close: 0.7360 Mid: 0.7414 | 22 Open: 0.7361 Close: 0.7311 Mid: 0.7329 | 23 Open: 0.7337 Close: 0.7229 Mid: 0.7283 |
24 Open: 0.7229 Close: 0.7234 Mid: 0.7292 | 25 Open: 0.7232 Close: 0.7179 Mid: 0.7178 | 26 Open: 0.7177 Close: 0.7140 Mid: 0.7165 | 27 Open: 0.7142 Close: 0.7124 Mid: 0.7141 | 28 Open: 0.7122 Close: 0.7108 Mid: 0.7107 | 29 Open: 0.7110 Close: 0.7099 Mid: 0.7109 | 30 Open: 0.7103 Close: 0.7103 Mid: 0.7101 |
May - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.7103 Close: 0.7065 Mid: 0.7088 | 2 Open: 0.7065 Close: 0.7049 Mid: 0.7056 | 3 Open: 0.7052 Close: 0.7102 Mid: 0.7099 | 4 Open: 0.7099 Close: 0.7253 Mid: 0.7181 | 5 Open: 0.7251 Close: 0.7119 Mid: 0.7211 | 6 Open: 0.7120 Close: 0.7191 Mid: 0.7128 | 7 Open: 0.7098 Close: 0.7098 Mid: 0.7145 |
8 Open: 0.7098 Close: 0.7043 Mid: 0.7123 | 9 Open: 0.7045 Close: 0.6956 Mid: 0.6998 | 10 Open: 0.6954 Close: 0.6935 Mid: 0.6947 | 11 Open: 0.6932 Close: 0.6928 Mid: 0.6974 | 12 Open: 0.6927 Close: 0.6872 Mid: 0.6889 | 13 Open: 0.6868 Close: 0.6954 Mid: 0.6901 | 14 Open: 0.6947 Close: 0.6947 Mid: 0.6951 |
15 Open: 0.6947 Close: 0.6947 Mid: 0.6959 | 16 Open: 0.6950 Close: 0.6973 Mid: 0.6932 | 17 Open: 0.6975 Close: 0.7032 Mid: 0.7007 | 18 Open: 0.7030 Close: 0.6960 Mid: 0.6998 | 19 Open: 0.6961 Close: 0.7041 Mid: 0.7032 | 20 Open: 0.7042 Close: 0.7208 Mid: 0.7118 | 21 Open: 0.7111 Close: 0.7111 Mid: 0.7160 |
22 Open: 0.7111 Close: 0.7062 Mid: 0.7128 | 23 Open: 0.7061 Close: 0.7089 Mid: 0.7096 | 24 Open: 0.7086 Close: 0.7104 Mid: 0.7087 | 25 Open: 0.7101 Close: 0.7089 Mid: 0.7117 | 26 Open: 0.7091 Close: 0.7098 Mid: 0.7091 | 27 Open: 0.7099 Close: 0.7231 Mid: 0.7172 | 28 Open: 0.7178 Close: 0.7178 Mid: 0.7205 |
29 Open: 0.7178 Close: 0.7158 Mid: 0.7185 | 30 Open: 0.7159 Close: 0.7197 Mid: 0.7187 | 31 Open: 0.7195 Close: 0.7182 Mid: 0.7181 |
June - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.7183 Close: 0.7173 Mid: 0.7180 | 2 Open: 0.7172 Close: 0.7265 Mid: 0.7210 | 3 Open: 0.7264 Close: 0.7208 Mid: 0.7238 | 4 Open: 0.7201 Close: 0.7325 Mid: 0.7262 | |||
5 Open: 0.7325 Close: 0.7203 Mid: 0.7265 | 6 Open: 0.7200 Close: 0.7188 Mid: 0.7208 | 7 Open: 0.7187 Close: 0.7221 Mid: 0.7203 | 8 Open: 0.7221 Close: 0.7187 Mid: 0.7221 | 9 Open: 0.7191 Close: 0.7096 Mid: 0.7147 | 10 Open: 0.7099 Close: 0.7121 Mid: 0.7146 | 11 Open: 0.7158 Close: 0.7050 Mid: 0.7104 |
12 Open: 0.7050 Close: 0.7018 Mid: 0.7097 | 13 Open: 0.7020 Close: 0.6940 Mid: 0.6977 | 14 Open: 0.6940 Close: 0.6889 Mid: 0.6901 | 15 Open: 0.6888 Close: 0.7017 Mid: 0.6963 | 16 Open: 0.7017 Close: 0.7041 Mid: 0.6996 | 17 Open: 0.7041 Close: 0.7119 Mid: 0.7043 | 18 Open: 0.7119 Close: 0.6911 Mid: 0.7016 |
19 Open: 0.6904 Close: 0.6950 Mid: 0.6980 | 20 Open: 0.6951 Close: 0.6969 Mid: 0.6968 | 21 Open: 0.6967 Close: 0.6961 Mid: 0.6973 | 22 Open: 0.6961 Close: 0.6907 Mid: 0.6916 | 23 Open: 0.6905 Close: 0.6903 Mid: 0.6896 | 24 Open: 0.6904 Close: 0.6997 Mid: 0.6951 | 25 Open: 0.6991 Close: 0.6997 Mid: 0.6994 |
26 Open: 0.6997 Close: 0.6942 Mid: 0.6971 | 27 Open: 0.6945 Close: 0.6924 Mid: 0.6941 | 28 Open: 0.6922 Close: 0.6904 Mid: 0.6927 | 29 Open: 0.6902 Close: 0.6879 Mid: 0.6894 | 30 Open: 0.6879 Close: 0.6897 Mid: 0.6906 |
July - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.6898 Close: 0.6816 Mid: 0.6820 | 2 Open: 0.6880 Close: 0.6880 Mid: 0.6848 | |||||
3 Open: 0.6880 Close: 0.6816 Mid: 0.6845 | 4 Open: 0.6814 Close: 0.6873 Mid: 0.6854 | 5 Open: 0.6872 Close: 0.6793 Mid: 0.6880 | 6 Open: 0.6796 Close: 0.6783 Mid: 0.6811 | 7 Open: 0.6781 Close: 0.6849 Mid: 0.6823 | 8 Open: 0.6850 Close: 0.6948 Mid: 0.6886 | 9 Open: 0.6941 Close: 0.6856 Mid: 0.6902 |
10 Open: 0.6856 Close: 0.6845 Mid: 0.6877 | 11 Open: 0.6846 Close: 0.6743 Mid: 0.6779 | 12 Open: 0.6741 Close: 0.6746 Mid: 0.6795 | 13 Open: 0.6747 Close: 0.6732 Mid: 0.6768 | 14 Open: 0.6734 Close: 0.6754 Mid: 0.6737 | 15 Open: 0.6759 Close: 0.6873 Mid: 0.6794 | 16 Open: 0.6835 Close: 0.6795 Mid: 0.6830 |
17 Open: 0.6795 Close: 0.6812 Mid: 0.6825 | 18 Open: 0.6813 Close: 0.6812 Mid: 0.6827 | 19 Open: 0.6811 Close: 0.6896 Mid: 0.6871 | 20 Open: 0.6895 Close: 0.6887 Mid: 0.6903 | 21 Open: 0.6884 Close: 0.6923 Mid: 0.7009 | 22 Open: 0.6923 Close: 0.6905 Mid: 0.6975 | 23 Open: 0.7028 Close: 0.6925 Mid: 0.6966 |
24 Open: 0.6925 Close: 0.6904 Mid: 0.6971 | 25 Open: 0.6903 Close: 0.6950 Mid: 0.6942 | 26 Open: 0.6950 Close: 0.6946 Mid: 0.6948 | 27 Open: 0.6946 Close: 0.6993 Mid: 0.6977 | 28 Open: 0.6993 Close: 0.6998 Mid: 0.6983 | 29 Open: 0.6998 Close: 0.7041 Mid: 0.7023 | 30 Open: 0.7041 Close: 0.7041 Mid: 0.7064 |
31 Open: 0.7041 Close: 0.6971 Mid: 0.7023 |
August - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.6972 Close: 0.7024 Mid: 0.7022 | 2 Open: 0.7027 Close: 0.6890 Mid: 0.6959 | 3 Open: 0.6891 Close: 0.6939 Mid: 0.6934 | 4 Open: 0.6936 Close: 0.6959 Mid: 0.6974 | 5 Open: 0.6959 Close: 0.6930 Mid: 0.6925 | 6 Open: 0.6929 Close: 0.7020 Mid: 0.6966 | |
7 Open: 0.7020 Close: 0.6901 Mid: 0.6963 | 8 Open: 0.6903 Close: 0.6988 Mid: 0.6978 | 9 Open: 0.6989 Close: 0.6955 Mid: 0.6986 | 10 Open: 0.6955 Close: 0.7083 Mid: 0.7048 | 11 Open: 0.7082 Close: 0.7103 Mid: 0.7104 | 12 Open: 0.7106 Close: 0.7129 Mid: 0.7135 | 13 Open: 0.7127 Close: 0.7127 Mid: 0.7128 |
14 Open: 0.7127 Close: 0.7116 Mid: 0.7135 | 15 Open: 0.7116 Close: 0.7020 Mid: 0.7062 | 16 Open: 0.7017 Close: 0.7019 Mid: 0.7016 | 17 Open: 0.7019 Close: 0.6930 Mid: 0.6969 | 18 Open: 0.6932 Close: 0.6911 Mid: 0.6939 | 19 Open: 0.6913 Close: 0.6874 Mid: 0.6897 | 20 Open: 0.6880 Close: 0.6879 Mid: 0.6879 |
21 Open: 0.6879 Close: 0.6877 Mid: 0.6883 | 22 Open: 0.6877 Close: 0.6877 Mid: 0.6883 | 23 Open: 0.6880 Close: 0.6921 Mid: 0.6908 | 24 Open: 0.6920 Close: 0.6906 Mid: 0.6914 | 25 Open: 0.6906 Close: 0.6965 Mid: 0.6952 | 26 Open: 0.6963 Close: 0.7020 Mid: 0.7022 | 27 Open: 0.7036 Close: 0.6867 Mid: 0.6964 |
28 Open: 0.6867 Close: 0.6868 Mid: 0.6948 | 29 Open: 0.6865 Close: 0.6906 Mid: 0.6894 | 30 Open: 0.6909 Close: 0.6857 Mid: 0.6900 | 31 Open: 0.6855 Close: 0.6828 Mid: 0.6862 |
September - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.6828 Close: 0.6795 Mid: 0.6810 | 2 Open: 0.6795 Close: 0.6842 Mid: 0.6836 | 3 Open: 0.6826 Close: 0.6826 Mid: 0.6834 | ||||
4 Open: 0.6821 Close: 0.6789 Mid: 0.6829 | 5 Open: 0.6789 Close: 0.6811 Mid: 0.6803 | 6 Open: 0.6811 Close: 0.6730 Mid: 0.6777 | 7 Open: 0.6730 Close: 0.6751 Mid: 0.6725 | 8 Open: 0.6753 Close: 0.6764 Mid: 0.6744 | 9 Open: 0.6765 Close: 0.6854 Mid: 0.6864 | 10 Open: 0.6855 Close: 0.6855 Mid: 0.6852 |
11 Open: 0.6855 Close: 0.6845 Mid: 0.6829 | 12 Open: 0.6846 Close: 0.6894 Mid: 0.6872 | 13 Open: 0.6893 Close: 0.6743 Mid: 0.6820 | 14 Open: 0.6742 Close: 0.6752 Mid: 0.6735 | 15 Open: 0.6753 Close: 0.6687 Mid: 0.6732 | 16 Open: 0.6688 Close: 0.6742 Mid: 0.6720 | 17 Open: 0.6745 Close: 0.6682 Mid: 0.6747 |
18 Open: 0.6682 Close: 0.6726 Mid: 0.6710 | 19 Open: 0.6727 Close: 0.6734 Mid: 0.6711 | 20 Open: 0.6728 Close: 0.6694 Mid: 0.6707 | 21 Open: 0.6694 Close: 0.6610 Mid: 0.6675 | 22 Open: 0.6612 Close: 0.6646 Mid: 0.6636 | 23 Open: 0.6645 Close: 0.6606 Mid: 0.6618 | 24 Open: 0.6564 Close: 0.6464 Mid: 0.6548 |
25 Open: 0.6464 Close: 0.6530 Mid: 0.6517 | 26 Open: 0.6533 Close: 0.6472 Mid: 0.6516 | 27 Open: 0.6472 Close: 0.6437 Mid: 0.6459 | 28 Open: 0.6435 Close: 0.6505 Mid: 0.6433 | 29 Open: 0.6504 Close: 0.6510 Mid: 0.6495 | 30 Open: 0.6509 Close: 0.6482 Mid: 0.6449 |
October - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.6435 Close: 0.6435 Mid: 0.6459 | ||||||
2 | 3 | 4 | 5 | 6 | 7 | 8 |
9 | 10 | 11 | 12 | 13 | 14 | 15 |
16 | 17 | 18 | 19 | 20 | 21 | 22 |
23 | 24 | 25 | 26 | 27 | 28 | 29 |
30 | 31 |
November - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 |
December - 2022
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 | 3 | ||||
4 | 5 | 6 | 7 | 8 | 9 | 10 |
11 | 12 | 13 | 14 | 15 | 16 | 17 |
18 | 19 | 20 | 21 | 22 | 23 | 24 |
25 | 26 | 27 | 28 | 29 | 30 | 31 |
Compare Exchange Rates:
Know What the Best Exchange Rate Looks Like
Benchmark the exchange rate market with Pound Sterling Live's custom currency rate comparison tool with built-in algorithms to find the best rates in the market.
Banks and financial institutions buy and sell currency from each other - these sizeable institutions are 'the market' and the rate they transact at is the 'market rate'. The difference between how much a currency is purchased and sold is the spread, which is essentially the difference between the buy and sell price.
But, when currency is sold by banks to retail customers that spread widens significantly and the profit on the transaction is therefore substantially larger.
Therefore when we focus on the transfer fee when sending money abroad we often miss the biggest cost: the exchange rate spread.
Foreign exchange providers have essentially recognised this and they enter the market to transfer money at tighter spreads, thereby saving potentially significant amounts of money for their clients simply by providing better exchange rates.
For example, the transfer of £100K into euros is expected to attract a rate that delivers between €112,480 and €113,296 with the UK's leading high street banks. But FCA authorised providers will provide a rate that delivers between €115,510 and €115,740 (using rates on 05/07/21).
Taking the time to work with a FCA regulated currency provider could therefore result in the delivery of an extra euros amount of between €2444 and €3030.
Pound Sterling Live only works with foreign exchange payment companies that are FCA Authorised. This is important: FCA regulations and oversight requires the money they transfer on your behalf to be protected through a process known as 'safeguarding'. Safeguarding requires the payments company to keep your money separate from their own money in a top-tier bank. Therefore if the provider comes under stress your money should be protected.