US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

1 US Dollar to British Pound exchange rates chart

1 USD to GBP exchange rates graph
1 USD to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 USD to GBP exchange rates table

Exchange USD to GBP
1 US Dollar = 0.785 British Pound
2 US Dollar = 1.569 British Pound
5 US Dollar = 3.923 British Pound
10 US Dollar = 7.845 British Pound
Exchange US Dollar to British Pound
1 US Dollar to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best USD/GBP rate at A&S Foreign Exchange Inc in New York City

1 USD to GBP exchange rates at A&S Foreign Exchange Inc in New York City
1 US Dollar = 0.758 British Pound
A&S Foreign Exchange Inc
A&S Foreign Exchange Inc

We have been in the business of Foreign Currency Exchange for more than 25 years. Our solid commitment of keeping the best rate around has helped us create the best asset any business aspires to have: our customer's loyalty. Stop by, try any of our services, and rest assure, you'll leave with the satisfaction of having made good business in the capital of the world. Currency Exchange Buying of travelers' checks Our Services We are lucky to service people like you Currency Exchange A&S Foreign...

Best USD/GBP rate at Currency Exchange International in New York City

1 USD to GBP exchange rates at Currency Exchange International in New York City
1 US Dollar = 0.722 British Pound
Currency Exchange International
Currency Exchange International

Currency Exchange International, Corp. is a full service foreign exchange technology and service provider. A publicly traded company on the Toronto Stock Exchange (CXI) and OTC (CURN), CXI is headquartered in Orlando, Florida. CXI provides a wide range of foreign exchange services to clients in the United States and through its subsidiary, Exchange Bank of Canada, in Canada. CXI primarily services clients through its company-owned branch locations and foreign exchange relationships with...

Best USD/GBP rate at Thomas Exchange Global in London

1 USD to GBP exchange rates at Thomas Exchange Global in London
1 US Dollar = 0.757 British Pound
Thomas Exchange Global
Thomas Exchange Global

Thomas Exchange Global was established in 1993 and has grown to become one of the leading providers of wholesale, retail, travel and commercial foreign exchange services to businesses and individual private clients in the UK. As a dedicated foreign exchange specialist, we have the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide you with an unprecedented level of service that sets the standard in the foreign exchange industry. We are...

Best USD/GBP rate at Interchange in Miami

1 USD to GBP exchange rates at Interchange in Miami
1 US Dollar = 0.657 British Pound
Interchange
Interchange

Since 1990 we’ve been serving 3,300,000 customers annually, handling over 550 million across 15 countries, including 9 major airports, 140 branches, numerous ATMs & 1,200 Western Union agencies We change money, we transfer money, and we dispense money. We have been doing that for 25 years. We operate the foreign exchange and ATM services in the 3 leading airports of Central and Easter Europe – Vienna, Prague and Budapest, with 3 more airports in Poland, Slovakia’s Bratislava airport, France’s...

Best USD/GBP rate at ICE America in Los Angeles

1 USD to GBP exchange rates at ICE America in Los Angeles
1 US Dollar = 0.682 British Pound
ICE America
ICE America

ICE International Currency Exchange is one of the largest and most respected retail currency exchange brands in the world, with an impressive 40 year history. With over 320 branches worldwide, we operate in 20 countries, across four continents and can be found in more than 65 airports worldwide. We manage a transaction every 6 seconds and serve more than 7 million customers a year. We are a global organization that has grown from humble roots, originating in London, England more than 40 years...

Best USD/GBP rate at LA Currency in Los Angeles

1 USD to GBP exchange rates at LA Currency in Los Angeles
1 US Dollar = 0.751 British Pound
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

1 USD to GBP exchange rates news

Dollar Exhibits Mixed Trend As Traders Look For Direction

WASHINGTON (Alliance News) - The US dollar is turning in a mixed performance against other major ...

about 3 hours conditional positive
Forex: J$131.36 to one US dollar

KINGSTON, Jamaica — The US dollar on Wednesday, January 16 ended trading at J$131.36 down b...

about 3 hours indicative negative
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

6 days indicative negative
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

7 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

13 days indicative neutral

1 USD to GBP currency converter