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1. The US Dollar, also abbreviated as USD or US$, is the national currency of the United States of America.
2. It became the most important international reserve currency following World War 1. It displaced pound sterling as global primary reserve currency towards the end of 2nd World War.
3. It is regarded as a benchmark currency globally and is the most used currency for various business transactions globally.
4. USD is also used as an official currency in various currencies outside the United States. Several other countries use it as an official currency alongside their own.
5. US dollars is the most traded currency worldwide. It accounts for 88% of all foreign exchange trades.
6. Its issuance right rests with the Federal Bank. The US Dollar banknotes are available in denominations of $1, $5, $10, $20, $50, $100, $500, $1,000.
Now, you can get the best exchange rate for USD with The Currency Club.
US Dollar (USD)
Exchange RateWhat is the interbank exchange rate for the US Dollar ?
1 GBP = 1.297580 USD
Last update date : 22-10-2024 11:49:13
Last updated on 22-10-2024 11:49:13
The below table shows the exchange rate and inverse exchange rate
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
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