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Pounds to US dollars

Here you'll find everything you need to know about sending pounds to US dollars, including the current exchange rate, historical charts, news and more.

GBP to USD transfers

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Your request has been sent to one of our expert teams.

We aim to respond to any enquiry as soon as possible. In the meantime, if there is anything else we can help you with, please let us know.

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GBP USD exchange rate

The current exchange rate for pounds to US dollars is:


This converter uses indicative 'interbank' rates. See below for more details. For our exchange rates, just click 'Get a quote'.

Make the most of your pound to US dollar currency transfer

The pound (£) is one of world’s highest value currencies, while the US dollar ($) is the world’s most commonly traded. People use the GBP/USD exchange rate to send money to the US for many reasons, like paying for property purchases, transferring their pension payments, giving money to friends and family and funding an expat lifestyle.

Key pound to US dollar exchange rate facts

In the wake of the financial crisis, the GBP/USD currency pairing experienced notable volatility before levelling out and trading within a fairly stable range. That all ended in 2016 when the UK’s decision to Brexit caused the pound to plummet against the US dollar.

Don’t forget! These are interbank exchange rates.

  • The GBP/USD exchange rate fell sharply during the financial crisis, bottoming out at US$1.3612 when Lehman Brothers collapsed.
  • Since the financial crisis the highest the pound to US dollar exchange rate has reached is US$1.7160; before the crash £1 was worth over $2.
  • Following the UK referendum on the nation’s membership of the European Union, the pound crashed to a 31-year low against the US dollar of US$1.2023.

Pound and US dollar currency information

The pound is also known as ‘Sterling’, while the US dollar is often called the ‘Buck’ or ‘Greenback’. The pound to US dollar exchange rate often goes by the nickname ‘Cable’.

USD is one of the world’s most stable currencies, so its value often changes depending upon how uncertain the market feels about global political or economic factors. Meanwhile, GBP is very sensitive to domestic political events and economic data. These variables all affect the amount you receive when making a pound to US dollar currency transfer.

GBP/USD exchange rate movement

Political and economic volatility in the UK and US can have a significant impact on the amount of USD you receive when sending GBP overseas.

Specific issues, like the UK’s Brexit negotiations with the European Union and the Federal Reserve’s attitude to interest rates have had a substantial impact on pound and US dollar exchange rates in recent years.

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GBP/USD sails past $1.31 as Brexit trade deal ...

The pound rocketed on Wednesday, striking a new six-week high against the US dollar amidst renewed hopes for a UK-EU Brexit trade deal.

GBP/EUR dips below €1.10 on Brexit and ...

Trade in the pound was a little mixed yesterday as Brexit and domestic coronavirus concerns continued to weigh on investor confidence.

Weekly roundup: Hopes of UK-EU trade deal ...

With the possibility of a UK-EU trade agreement still on the table, the downside potential of the pound eased in spite of the two sides remaining at odds on key issues.

GBP/EUR rocked as UK declares Brexit talks ...

The pound traded in a wide range at the start of this week’s session as fresh Brexit uncertainty infused volatility into the UK currency.

Pound fluctuates on mixed Brexit headlines

The pound fluctuated on Friday following mixed Brexit reports over negotiations continuing in UK-EU trade talks, before GBP recovered its losses by the end of the session.

GBP/USD plummets to $1.28 as London faces ...

The pound moved broadly lower yesterday as the announcement stricter coronavirus restrictions across many parts of England offset some cautious Brexit optimism.

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