How to convert GBP & USD
A Moneycorp account allows you to exchange pounds and dollars, as well as other popular currencies, to cater to your online money transfer needs. We offer no transfer fees online and provide 24/7 access whenever you need to make a payment.
To convert GBP to USD or USD to GBP, open an international payments account or sign up for a business account for your corporate FX needs.
What can affect the GBP & USD exchange rate?
Developments in the political relationship between the UK and the US, as well as each country’s individual economic performance both have an impact on the GBP to USD and USD to GBP exchange rate.
Economic data for both countries is released throughout each month and provides a clearer idea of the economic stability of the country. Investors watch out for the economic data to decide whether to invest in the USD or to sell, while also listening intently to political leaders and influencers. This can affect confidence in whether to convert pounds to dollars and vice versa.
That is why keeping track of the upturns and downturns in the exchange rate is integral to ensuring your money goes as far as it can when making an international payment to the USA, making a business payment or making a personal transfer abroad.
Pound currency facts
Name: Pound Sterling
Symbol: £ Pence
Minor Unit: 1/100 = Pence
Central Bank Rate: 0.00
Inflation: 2.7%
Nicknames: Sterling
Coins: 1p,2p,5p,20p, 50p, £1
Frep Used: 1p, £1
Banknotes £5, £10, £20, £50
Frep Used: £20
Rarely Used: £5
Central Bank: Bank of England
Website: www.bankofengland.co.uk
Dollar currency facts
Name: Dollar
Symbol: $ cent: cent
Minor Unit: 1/100 = cent
Central Bank Rate: 0.00
Top USD Conversion: USD/EUR
Top USD Chart: USD/EUR Chart
Inflation: 2.87%
Nicknames: Bucks, Greenbacks, A Benjamin, A Rock
Coins: 1c, 5c,10c,25c,50c 1$
Freq Used: 25c
Rarely Used:
Banknotes: 1$,5$,10$,20$,50$,100
Freq Used: 1$, $20, $100
Rarely Used:
Central Bank: Federal Reserve System
Website: federalreserve.gov
We convert pound to US dollar with competitive rates and low fees
As foreign exchange specialists, we monitor the market and track USD to GBP and GBP to USD for our customers, helping them to get the most out of their money. Whether it’s paying for property overseas, studying abroad or for those in the United States who want to return to the UK and repatriate money home, we can help.
If you’d like to make an international payment and convert dollars to pounds or pounds to dollars, you can do so with the help of Moneycorp by signing up for an account today.
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None of the information contained in this website constitutes, nor should be construed as financial advice.
Indicative rates are displayed on our website. We use interbank rates as a reference, and these rates should only be used as a guide.
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