Most banks and bureaux de change add on various margins to the British Pound to US Dollar exchange rate that customers are not aware of making it harder for you to compare exchange rates on offer. We have gone one step further. To offer you low-cost exchange rates on your travel money whilst giving you access to the live interbank exchange rate for GBP/USD at the point of when you transact for complete transparency. Compare our currency exchange rates and see how much you could save.
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I have British Pounds
GBP 1 GBP = Your exchange rate
Low cost fee 0.00%
1 GBP = Real exchange rate
The more you order the lower the fee
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Last updated on
Source: compareholidaymoney.com
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GBP
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| You Sell | Exchange rate | You Get (After fees) |
You could save | |
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*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Royal Mail will require a signature from someone in the property at the time of delivery
Pay via bank transfer or credit, debit cards. We can only dispatch US Dollar currency once we have received cleared funds
We shall email you a dispatch notification once your US Dollar currency is on its way to you and this mail will include your tracking details.
We use Royal Mail Special Delivery which is a fully insured and secure home delivery service
US dollar notes come in a variety of bills, 1,5,10,20,50 and 100 notes. There are still 2 dollar notes in circulation however; they are now much rarer
When ordering your US Dollar, make sure you select the denomination preference. Please find below a breakdown of the notes you should expect to receive
Small - mix of 1,5,10 and 20 denomination US dollar bills
Mixed - mix of 1,5,10,20,50 and 100 US dollar bills
Large - mainly 100 US dollar bills
No Preference - a variety of US dollar bills. This is dependent on our inventories at the time your order is placed.
We will always do our best to supply you the US dollar notes of your choice however; we cannot guarantee your preference will be met
Please note that if you are travelling to certain countries where mint US Dollar bills, or certain dated US dollar bills are required, we can supply this too at no further cost. Please make sure that you get in contact with a member of our team as soon as you have placed your order with us.
The US dollar (often represented by the dollar sign $) is the official currency of the United States of America and is the world's largest traded currency.
The US Dollar was created by the American Constitution and defined by the Coinage Act of 1792. Also known as "buck" in informal term, it is a familiar word dating back to the 18th Century for dollars of various nations, including the U.S. dollar. "buck" is believed to have originated from the colonial fur trade. "Greenback" is another nickname for the US dollar which related specifically to the 19th century Demand Note dollars created by Abraham Lincoln to finance the costs of the Civil War.
Did you know that the early currency of the USA did not exhibit faces of presidents, unlike now? The main reason for this was that George Washington believed that by having his face on the currency, the currency would resemble the European banknotes where monarchs heads were displayed on their local banknotes. US Dollar bank notes continue to be made from cotton fibre paper and U.S dollar coins are produced by the United States Mint.
After World War II and under the Bretton Woods system, the value of the US dollar was thus anchored to the value of gold and fixed to $35 per ounce. Simultaneously, many global economies decided to peg their exchange rates against the US Dollar.
Each county has their own rationale in pegging their currency in US dollars. For example, many of the Caribbean islands do so because much of their income is derived in US dollars from tourism. Fixing their exchange rates to the US Dollar makes their currency less volatile and simultaneously stabilises their economy. Both in Africa and the Middle East, many countries have pegged against the US Dollar. Especially the oil rich nations need the US Economy as a major trading partner for oil, hence the reason for pegging against the US dollar.
US Dollar pegged currencies: If the US Dollar Rate moves the following currencies move too!
Bahraini Dinar
Cuban Peso
Hong Kong Dollar
Jordanian Dinar
Lebanese Pound
Omani Riyal
Qatari Riyal
Saudi Riyal
UAE (United Arab Emirates) Dirham
In 1971, gold convertibility was finally terminated by President Nixon and became a freely floating currency under the careful watch of the Federal Reserve.
If so please visit Sterling FX for exceptional in branch US Dollar rates - www.sterlingfx.co.uk/london-branch
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