Pound GBP to US Dollar USD exchange rate (2024)

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Seeing stars (and stripes)? Get your holiday cash from Post Office

Buytravel money

Delivery options, available branches and fees may vary by value and currency. Branch rates will differ from online rates. T&Cs apply.

Buytravel money

  • Order US dollars online and pick up in as little as 2 hours
  • The more you buy the better the rate
  • Have your US dollars delivered to your home or pick up in branch​
Pound GBP to US Dollar USD exchange rate (1)
Pound GBP to US Dollar USD exchange rate (2)
Pound GBP to US Dollar USD exchange rate (3)

America awaits. Get your holiday money here

The Golden Gate Bridge, Jeff Bridges, Bridges of Madison County, Madison Square Gardens, the Garden State…even in a game of word association, the USA has too many iconic landmarks to list. And in a country so enormous and diverse, you’re going to need your holiday money to hand.

Whether that’s in cash or on a Travel Money Card (or both), get your travel money with us. You can order online before 2pm Monday to Friday and pick up your US dollars at aparticipating branchin as little as 2 hours.

And if you come back with a few banknotes left over, we’ll even buy them back from you. We’ll refund you every cent within 28 days of purchase* if your holiday gets cancelled. Plus, don’t forget your travel insurance, available here too.

Today’s online rates

Spend

£400+

Spend

£500+

Spend

£1000+

US Dollar

1.2228 1.2343 1.2456

Rate correct as of 30/05/2024

Travel Money Card (TMC) rates may differ. Branch rates may vary. Delivery methods may vary. Terms and conditions apply

Get your US dollars with Post Office

Voted ‘Best Foreign Exchange/Travel Money Retailer’ by the UK public at the British Travel Awards 2022

  • Pound GBP to US Dollar USD exchange rate (4)

    Pick up US dollars within 2 hours of ordering

  • Pound GBP to US Dollar USD exchange rate (5)

    Order online for our best rates and get better rates the more you buy

  • Pound GBP to US Dollar USD exchange rate (6)

    Delivery is free on orders of £500 or more, or pay just £4.99 for deliveries of less

  • Pound GBP to US Dollar USD exchange rate (7)

    Use our refund guarantee if your holiday is cancelled within 28 days of purchase.

  • Pound GBP to US Dollar USD exchange rate (8)

    Or you can sell us back any currency notes you don’t spend

  • Pound GBP to US Dollar USD exchange rate (9)

    Get a Travel Money Card for cashless payments

  • Pound GBP to US Dollar USD exchange rate (10)

    And use our travel app to top it up, buy travel insurance and much more

Pound GBP to US Dollar USD exchange rate (11)

Click and collect in branch

Order online by 2pm and pick up the same working day from your nearest participating branch.

Discover click and collect

Pound GBP to US Dollar USD exchange rate (12)

Home delivery

Want to stay home? Order by 3pm and get your US dollars delivered the next working day.

Pound GBP to US Dollar USD exchange rate (13)

Go digital in the USA

Get our Travel Money Card and top up with US dollars. Accepted anywhere you see the Mastercard® symbol.

What do things cost in the USA?

Our Post Office Travel Money Holiday Money Report looks at prices from some popular destinations, including Orlando, Florida.

Pound GBP to US Dollar USD exchange rate (14)

Cup of coffee

£2.33

Pound GBP to US Dollar USD exchange rate (15)

Suncream

£6.81

Pound GBP to US Dollar USD exchange rate (16)

Family meal

£65.02

Costs are for Orlando in the USA and based on prices at the time of our last Holiday Money Report in 2023.

How far will your US dollars go?

  • Pound GBP to US Dollar USD exchange rate (17)

    The United States is vast and it’s common for specific tax laws to be decided at a federal level. That means pricing for individual items might differ by state

  • Pound GBP to US Dollar USD exchange rate (18)

    Destinations that are popular with tourists might see prices inflated compared to other areas, but this isn’t always the case

  • Pound GBP to US Dollar USD exchange rate (19)

    Remember thattravel insurance– particularly with good medical cover – is vital if you’re going to the USA. We’ve lots of information onwhat to expect in America

Find outhow to make your money go further on holiday

Some common questions

  • Buying USD from a Post Office branch is simple. You can simply go into one of our branches that sells foreign currency. There are thousands, just use our branch finder to find your most convenient. You can order online for collection or delivery. Or you can load US dollars onto a Travel Money Card.

    It’s very simple, and the US dollar is one of two currencies (the other being the euro) with the option to collect your travel cash in branch two hours after you’ve ordered it.

  • The US dollar is the formal currency of the USA as well as the de facto currency of numerous other states and regions. It is the most traded currency in the world, as well as the currency most held in reserve.

    The US dollar is a relatively stable currency, which has meant that some countries have introduced it at times when their own currency is volatile. Some countries, such as Lebanon, unofficially use US dollars in conjunction with their own tender. Other territories – for instance the British Turks and Caicos Islands – officially use the US dollar on the exchange too.

  • Officially, the countries and territories that use the USdollar are: United States of America, AmericanSamoa, British Virgin Islands, Ecuador, El Salvador,Guam, East Timor, Marshall Islands, Federated Statesof Micronesia, Palau, Northern Mariana Islands, PuertoRico, Turks and Caicos, US Virgin Islands, SpanishVirgin Islands, British Indian Ocean Territory, Bonaire,Saint Eustatius and Saba.

    There are also many more countries whose currenciesare fixed to the US dollar, meaning that they can useUS dollars in everyday transactions and on theexchange.

    Please note, though, that if you have a Post OfficeTravel Money Card and load it with US dollars,it willonly be accepted within the USA itself. Itcan’tbeused to pay in US dollars in other territories that usethem as either an official or unofficial currency.

  • Each US dollar is divided into 100 cents. Coins come in 1 cent, 5 cent, 10 cent and 25 cent. These are called penny, nickel, dime and quarter respectively. Fifty-cent coins and one-dollar coins are still minted, however are seldom used in day-to-day tender.

    Notes come in 1, 2, 5, 10, 20, 50 and 100. A 20-dollar coin is minted but – like a 50-cent coin – not in popular circulation. Like with many currencies, higher-value banknotes are occasionally minted but not submitted into circulation.

  • The USA has a colourful slang around its currency, and it can help to know some if you’re going. The most common is, of course, ‘buck’ – a reference to the deer (buck) skin trading that once underpinned the fledgling American economy. A single US dollar is very occasionally referred to as a ‘simoleon’, while banknotes in general can be called ‘greenbacks’. Both of these uses are fairly arcane.

    A penny is the same as it is in the UK, a ‘nickel’ is a 5-cent coin, a ‘dime’ is a 10-cent coin and a ‘quarter’ is a 25-cent coin. A $100 bill is occasionally called a ‘Benjamin’ owing to the image of Benjamin Franklin on them.

  • Read all travel money FAQs

Popular currencies

Visiting several countries on the same trip or as part of future travel plans? These other currencies might be of interest.

  • Pound GBP to US Dollar USD exchange rate (20) Canadian dollar
  • Pound GBP to US Dollar USD exchange rate (21) Euro
  • Pound GBP to US Dollar USD exchange rate (22) Brazilian real
  • Pound GBP to US Dollar USD exchange rate (23) Mexican peso
  • Pound GBP to US Dollar USD exchange rate (24) East Caribbean dollar
  • Pound GBP to US Dollar USD exchange rate (25) Chilean peso

Post Office Travel Money Card is an electronic money product issued by First Rate Exchange Services Ltd pursuant to license by Mastercard International. First Rate Exchange Services Ltd, a company registered in England and Wales with number 4287490 whose registered office is Great West House, Great West Road, Brentford, TW8 9DF, (Financial Services Register No. 900412). Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Pound GBP to US Dollar USD exchange rate (2024)

FAQs

Pound GBP to US Dollar USD exchange rate? ›

Given this backdrop, I maintain the view that GBPUSD is likely to remain within the twenties (1.230-1.285) for the foreseeable future. GBP may strengthen from here but this strength could be temporary until global macro and political uncertainties fade away.

Is GBP getting stronger against USD? ›

Given this backdrop, I maintain the view that GBPUSD is likely to remain within the twenties (1.230-1.285) for the foreseeable future. GBP may strengthen from here but this strength could be temporary until global macro and political uncertainties fade away.

How much is $1 US in the UK? ›

0.78 GBP

What is $100 pounds in US dollars? ›

Download Our Currency Converter App
Conversion rates British Pound Sterling / US Dollar
100 GBP126.43500 USD
250 GBP316.08750 USD
500 GBP632.17500 USD
1000 GBP1,264.35000 USD
8 more rows

What is a good exchange rate for GBP to USD? ›

1 British pound to United States Dollar stats
LAST 7 DAYSLAST 90 DAYS
High1.27201.2810
Low1.26511.2350
Average1.26841.2613
Volatility0.55%3.73%

Will the UK Pound get stronger in 2024? ›

According to Trading Economics global macro models and analysts' expectations. the British Pound is forecast to trade at 1.24 by the end of Q2 2024. Looking forward, the website estimates GBP/USD to trade at 1.21 in 12 months' time.

Has the British pound ever been worth more than the US Dollar? ›

Historically, one British pound has usually been worth more than one U.S. dollar, even though the U.K. has a much smaller economy. The fact is that looking at a currency's worth relative to that of another currency at a static point in time is meaningless.

How much is $100 US in British pounds? ›

US Dollars to British Pounds conversion rates
USDGBP
100 USD78.94 GBP
500 USD394.71 GBP
1,000 USD789.43 GBP
5,000 USD3,947.15 GBP
7 more rows

Is it better to buy dollars in the US or UK? ›

Is it better to get dollars in the UK or the US? It could be more beneficial to buy your dollars in the UK rather than when when you arrive in the US. This is because the pound-to-dollar exchange rate in the UK is can be better than some of the rates offered by providers in America.

Where is the US dollar worth the most? ›

Some of the countries where a dollar is worth the most money include Mexico, Peru, Chile, and Colombia. It's possible to exchange dollars for local currency in these countries at favorable exchange rates.

Can you use US dollars in England? ›

Us dollars are not generally accepted in the UK. Nor, in fact, are Euros. With the exception of places like airport stores, you'll need to use UK currency in cash or a payment card during your time in the UK.

What is the best way to convert dollars to pounds? ›

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas. Online peer-to-peer foreign currency exchanges. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

What is the best dollar to pound exchange rate today? ›

Best U.S. Dollar / British Pound Exchange Rate Today: 0.7909.

Which is stronger, pounds or dollars? ›

Conclusion. The British pound sterling has traditionally maintained a higher value against the US dollar because of historical convention. However, the US dollar is stronger overall as it is the world's reserve currency and has larger trading volumes.

Will GBP to USD get better? ›

The Pound to Dollar exchange rate is forecast to extend its journey towards the top end of its 2024 range in the coming days, but a strong PCE inflation print at the end of the week could upend the rally.

Is it good to convert USD to GBP? ›

If you exchange Dollars to Pounds at a time when the exchange rate has moved against you, you could lose thousands. Even small differences in the exchange rate can have a significant financial impact.

What is the outlook of GBP against USD? ›

GBP/USD remains under bearish pressure and trades at its lowest level since mid-May below 1.2650. The stronger-than-forecast Manufacturing and Services PMI data from the US helps the USD hold its ground and causes the pair to stretch lower.

What is the prediction for the British pound? ›

Pound to Dollar Forecast: Expect Sub-1.25 says One Bank

Pound Sterling will weaken against the Dollar to levels last seen in May, according to a new analysis.

What is the prediction for GBP USD today? ›

GBPUSD Price Analysis Expected Scenario The GBPUSD price settles below 1.2700$ level, waiting to get negative motive that assists to push the price to resume the expected bearish trend for ...

Why is the pound so weak against the US dollar? ›

The sterling has been in a long downward slide against the greenback for many decades, owing to the USD's rise to prominence, the growth of its economy, and GBP negatives, such as Brexit and a widening interest rate gap against the sterling, to name a few current factors.

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