Best Norwegian Krone / South African Rand Exchange Rate Today: 1.6462
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 1.6413, and the most competitive travel money / cash rates start at approximately 1.6314.
Live rate: 1 NOK = 1.6462 ZAR (+0.29% )
Inverted: 1 ZAR = 0.6075 NOK
Click here for our full travel and holiday rates comparison tool.
Comparison Results:
| Provider | Exchange Rate | Fee | You Get | Service | Notes | Action |
Live Market Rate | 1.6462 | 0 | 1.6297 | |||
 | 1.6413 (indicative) | 0 | 1.6413 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 1.6347 (indicative) | 0 | 1.6347 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 1.6462 | 7.86% | 1.5168 | Best Multi-Currency Card | One currency card for all your travels. Use it instantly as a digital card and top-up from the app, with the mid-market rate. 40+ currencies. Save up to 87% when you spend internationally. | |
 | 1.6314 | 0 | 1.6314 | Holiday FX, Cash Delivery | A specialist alternative to banks, bureau de change & the Post Office for clients seeking competitive currency exchange rates. A multiple award-winning company, offering free delivery (over £700.00), no commission charges, payment by Debit Card or Bank Transfer and typically offering the best exchange rates available. | |
Best Bank Rate  | 1.6001 (upper range) | Variable | 1.6001 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 1.5886 (lower range) | Variable | 1.5886 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 1.5721 | 0 | 1.5721 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.7982 Close: 1.7982 Mid: 1.7982 | 2 Open: 1.7986 Close: 1.7941 Mid: 1.7995 | 3 Open: 1.7941 Close: 1.8098 Mid: 1.8029 | 4 Open: 1.8100 Close: 1.8159 Mid: 1.8102 | 5 Open: 1.8159 Close: 1.8135 Mid: 1.8189 | 6 | |
7 | 8 Open: 1.8066 Close: 1.7946 Mid: 1.8060 | 9 Open: 1.7939 Close: 1.8031 Mid: 1.7979 | 10 Open: 1.8037 Close: 1.8065 Mid: 1.8061 | 11 Open: 1.8067 Close: 1.8082 Mid: 1.8048 | 12 Open: 1.8082 Close: 1.8131 Mid: 1.8095 | 13 |
14 | 15 Open: 1.8148 Close: 1.8028 Mid: 1.8093 | 16 Open: 1.8050 Close: 1.8119 Mid: 1.8090 | 17 Open: 1.8123 Close: 1.8114 Mid: 1.8163 | 18 Open: 1.8121 Close: 1.7989 Mid: 1.8047 | 19 Open: 1.7988 Close: 1.8146 Mid: 1.8089 | 20 |
21 | 22 Open: 1.8115 Close: 1.8243 Mid: 1.8184 | 23 Open: 1.8255 Close: 1.8125 Mid: 1.8162 | 24 Open: 1.8126 Close: 1.8051 Mid: 1.8072 | 25 Open: 1.8044 Close: 1.8084 Mid: 1.8069 | 26 Open: 1.8083 Close: 1.8036 Mid: 1.8049 | 27 |
28 | 29 Open: 1.7986 Close: 1.8056 Mid: 1.8009 | 30 Open: 1.8041 Close: 1.7987 Mid: 1.8044 | 31 Open: 1.7995 Close: 1.7789 Mid: 1.7898 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.7787 Close: 1.7812 Mid: 1.7797 | 2 Open: 1.7828 Close: 1.7806 Mid: 1.7805 | 3 | ||||
4 | 5 Open: 1.7815 Close: 1.7833 Mid: 1.7832 | 6 Open: 1.7835 Close: 1.7792 Mid: 1.7803 | 7 Open: 1.7792 Close: 1.7863 Mid: 1.7818 | 8 Open: 1.7863 Close: 1.7856 Mid: 1.7870 | 9 Open: 1.7860 Close: 1.8047 Mid: 1.7942 | 10 |
11 | 12 Open: 1.8013 Close: 1.8022 Mid: 1.8036 | 13 Open: 1.8016 Close: 1.7916 Mid: 1.7957 | 14 Open: 1.7912 Close: 1.8000 Mid: 1.7955 | 15 Open: 1.7999 Close: 1.8002 Mid: 1.7993 | 16 Open: 1.8002 Close: 1.7980 Mid: 1.7967 | 17 |
18 | 19 Open: 1.7949 Close: 1.8085 Mid: 1.8043 | 20 Open: 1.8085 Close: 1.8031 Mid: 1.8105 | 21 Open: 1.8031 Close: 1.8044 Mid: 1.7981 | 22 Open: 1.8049 Close: 1.8244 Mid: 1.8160 | 23 Open: 1.8234 Close: 1.8309 Mid: 1.8296 | 24 |
25 | 26 Open: 1.8348 Close: 1.8352 Mid: 1.8328 | 27 Open: 1.8354 Close: 1.8124 Mid: 1.8238 | 28 Open: 1.8130 Close: 1.8209 Mid: 1.8169 | 29 Open: 1.8200 Close: 1.8058 Mid: 1.8130 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.8063 Close: 1.8153 Mid: 1.8130 | 2 | |||||
3 | 4 Open: 1.8155 Close: 1.8015 Mid: 1.8076 | 5 Open: 1.8015 Close: 1.7942 Mid: 1.7987 | 6 Open: 1.7946 Close: 1.7946 Mid: 1.7933 | 7 Open: 1.7943 Close: 1.7956 Mid: 1.7954 | 8 Open: 1.7956 Close: 1.7953 Mid: 1.7991 | 9 |
10 | 11 Open: 1.7993 Close: 1.7861 Mid: 1.7903 | 12 Open: 1.7861 Close: 1.7752 Mid: 1.7780 | 13 Open: 1.7752 Close: 1.7729 Mid: 1.7748 | 14 Open: 1.7729 Close: 1.7740 Mid: 1.7749 | 15 Open: 1.7741 Close: 1.7680 Mid: 1.7679 | 16 |
17 | 18 Open: 1.7792 Close: 1.7776 Mid: 1.7805 | 19 Open: 1.7776 Close: 1.7752 Mid: 1.7772 | 20 Open: 1.7752 Close: 1.7699 Mid: 1.7717 | 21 Open: 1.7697 Close: 1.7645 Mid: 1.7695 | 22 Open: 1.7645 Close: 1.7681 Mid: 1.7675 | 23 |
24 | 25 Open: 1.7601 Close: 1.7625 Mid: 1.7649 | 26 Open: 1.7625 Close: 1.7645 Mid: 1.7667 | 27 Open: 1.7646 Close: 1.7534 Mid: 1.7601 | 28 Open: 1.7535 Close: 1.7444 Mid: 1.7538 | 29 Open: 1.7444 Close: 1.7434 Mid: 1.7425 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.7494 Close: 1.7288 Mid: 1.7378 | 2 Open: 1.7288 Close: 1.7318 Mid: 1.7316 | 3 Open: 1.7318 Close: 1.7420 Mid: 1.7388 | 4 Open: 1.7420 Close: 1.7442 Mid: 1.7418 | 5 Open: 1.7439 Close: 1.7436 Mid: 1.7391 | 6 | |
7 | 8 Open: 1.7410 Close: 1.7449 Mid: 1.7392 | 9 Open: 1.7449 Close: 1.7289 Mid: 1.7386 | 10 Open: 1.7289 Close: 1.7335 Mid: 1.7342 | 11 Open: 1.7335 Close: 1.7305 Mid: 1.7319 | 12 Open: 1.7304 Close: 1.7313 Mid: 1.7270 | 13 |
14 | 15 Open: 1.7296 Close: 1.7347 Mid: 1.7338 | 16 Open: 1.7347 Close: 1.7344 Mid: 1.7355 | 17 Open: 1.7344 Close: 1.7299 Mid: 1.7307 | 18 Open: 1.7298 Close: 1.7323 Mid: 1.7323 | 19 Open: 1.7323 Close: 1.7346 Mid: 1.7391 | 20 |
21 | 22 Open: 1.7327 Close: 1.7464 Mid: 1.7347 | 23 Open: 1.7464 Close: 1.7514 Mid: 1.7487 | 24 Open: 1.7514 Close: 1.7499 Mid: 1.7510 | 25 Open: 1.7499 Close: 1.7368 Mid: 1.7389 | 26 Open: 1.7369 Close: 1.7044 Mid: 1.7207 | 27 |
28 | 29 Open: 1.7040 Close: 1.6954 Mid: 1.7035 | 30 Open: 1.6954 Close: 1.6902 Mid: 1.6977 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.6902 Close: 1.6852 Mid: 1.6851 | 2 Open: 1.6852 Close: 1.6874 Mid: 1.6841 | 3 Open: 1.6873 Close: 1.7026 Mid: 1.6987 | 4 | |||
5 | 6 Open: 1.7006 Close: 1.7061 Mid: 1.7029 | 7 Open: 1.7059 Close: 1.6974 Mid: 1.7018 | 8 Open: 1.6974 Close: 1.7024 Mid: 1.7003 | 9 Open: 1.7024 Close: 1.7020 Mid: 1.7017 | 10 Open: 1.7020 Close: 1.7008 Mid: 1.7014 | 11 |
12 | 13 Open: 1.6947 Close: 1.6984 Mid: 1.6940 | 14 Open: 1.6983 Close: 1.7018 Mid: 1.7025 | 15 Open: 1.7018 Close: 1.7127 Mid: 1.7076 | 16 Open: 1.7126 Close: 1.7003 Mid: 1.7073 | 17 Open: 1.7002 Close: 1.7010 Mid: 1.7003 | 18 |
19 | 20 Open: 1.7002 Close: 1.6993 Mid: 1.7029 | 21 Open: 1.6993 Close: 1.6938 Mid: 1.6976 | 22 Open: 1.6938 Close: 1.7074 Mid: 1.7005 | 23 Open: 1.7073 Close: 1.7311 Mid: 1.7213 | 24 Open: 1.7310 Close: 1.7405 Mid: 1.7352 | 25 |
26 | 27 Open: 1.7377 Close: 1.7491 Mid: 1.7447 | 28 Open: 1.7491 Close: 1.7393 Mid: 1.7481 | 29 Open: 1.7393 Close: 1.7425 Mid: 1.7395 | 30 Open: 1.7422 Close: 1.7778 Mid: 1.7594 | 31 Open: 1.7777 Close: 1.7913 Mid: 1.7838 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 1.7947 Close: 1.7716 Mid: 1.7834 | 4 Open: 1.7716 Close: 1.7709 Mid: 1.7706 | 5 Open: 1.7709 Close: 1.7902 Mid: 1.7809 | 6 Open: 1.7902 Close: 1.7980 Mid: 1.7911 | 7 Open: 1.7980 Close: 1.7636 Mid: 1.7784 | 8 |
9 | 10 Open: 1.7631 Close: 1.7585 Mid: 1.7575 | 11 Open: 1.7584 Close: 1.7382 Mid: 1.7486 | 12 Open: 1.7380 Close: 1.7376 Mid: 1.7435 | 13 Open: 1.7377 Close: 1.7301 Mid: 1.7364 | 14 Open: 1.7302 Close: 1.7225 Mid: 1.7240 | 15 |
16 | 17 Open: 1.7219 Close: 1.7115 Mid: 1.7103 | 18 Open: 1.7116 Close: 1.7053 Mid: 1.7077 | 19 Open: 1.7053 Close: 1.6998 Mid: 1.7017 | 20 Open: 1.6997 Close: 1.7038 Mid: 1.7116 | 21 Open: 1.7039 Close: 1.6999 Mid: 1.6992 | 22 |
23 | 24 Open: 1.7045 Close: 1.7181 Mid: 1.7139 | 25 Open: 1.7181 Close: 1.7184 Mid: 1.7185 | 26 Open: 1.7185 Close: 1.7010 Mid: 1.7117 | 27 Open: 1.7009 Close: 1.7332 Mid: 1.7187 | 28 Open: 1.7335 Close: 1.7040 Mid: 1.7185 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.6895 Close: 1.7247 Mid: 1.7077 | 2 Open: 1.7247 Close: 1.7424 Mid: 1.7323 | 3 Open: 1.7425 Close: 1.7450 Mid: 1.7404 | 4 Open: 1.7450 Close: 1.7283 Mid: 1.7378 | 5 Open: 1.7282 Close: 1.7249 Mid: 1.7259 | 6 | |
7 | 8 Open: 1.7219 Close: 1.7085 Mid: 1.7152 | 9 Open: 1.7088 Close: 1.7131 Mid: 1.7102 | 10 Open: 1.7131 Close: 1.6920 Mid: 1.7002 | 11 Open: 1.6920 Close: 1.6804 Mid: 1.6809 | 12 Open: 1.6806 Close: 1.6739 Mid: 1.6774 | 13 |
14 | 15 Open: 1.6771 Close: 1.6828 Mid: 1.6839 | 16 Open: 1.6828 Close: 1.6722 Mid: 1.6781 | 17 Open: 1.6722 Close: 1.6971 Mid: 1.6848 | 18 Open: 1.6971 Close: 1.6893 Mid: 1.6910 | 19 Open: 1.6895 Close: 1.6739 Mid: 1.6843 | 20 |
21 | 22 Open: 1.6789 Close: 1.6657 Mid: 1.6700 | 23 Open: 1.6657 Close: 1.6700 Mid: 1.6691 | 24 Open: 1.6700 Close: 1.6650 Mid: 1.6626 | 25 Open: 1.6650 Close: 1.6639 Mid: 1.6661 | 26 Open: 1.6639 Close: 1.6588 Mid: 1.6648 | 27 |
28 | 29 Open: 1.6628 Close: 1.6761 Mid: 1.6709 | 30 Open: 1.6761 Close: 1.6724 Mid: 1.6723 | 31 Open: 1.6724 Close: 1.6697 Mid: 1.6703 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.6695 Close: 1.6686 Mid: 1.6702 | 2 Open: 1.6686 Close: 1.6700 Mid: 1.6657 | 3 | ||||
4 | 5 Open: 1.6737 Close: 1.6803 Mid: 1.6765 | 6 Open: 1.6803 Close: 1.6925 Mid: 1.6886 | 7 Open: 1.6925 Close: 1.7038 Mid: 1.6961 | 8 Open: 1.7038 Close: 1.6936 Mid: 1.6987 | 9 Open: 1.6936 Close: 1.6960 Mid: 1.6927 | 10 |
11 | 12 Open: 1.6934 Close: 1.6884 Mid: 1.6918 | 13 Open: 1.6883 Close: 1.6869 Mid: 1.6870 | 14 Open: 1.6869 Close: 1.6871 Mid: 1.6910 | 15 Open: 1.6871 Close: 1.6749 Mid: 1.6847 | 16 Open: 1.6749 Close: 1.6735 Mid: 1.6691 | 17 |
18 | 19 Open: 1.6748 Close: 1.6781 Mid: 1.6749 | 20 Open: 1.6781 Close: 1.6973 Mid: 1.6896 | 21 Open: 1.6972 Close: 1.6968 Mid: 1.6982 | 22 Open: 1.6968 Close: 1.6993 Mid: 1.7008 | 23 Open: 1.6993 Close: 1.6940 Mid: 1.6917 | 24 |
25 | 26 Open: 1.6853 Close: 1.6820 Mid: 1.6882 | 27 Open: 1.6821 Close: 1.6931 Mid: 1.6869 | 28 Open: 1.6931 Close: 1.6976 Mid: 1.6933 | 29 Open: 1.6976 Close: 1.6905 Mid: 1.6918 | 30 Open: 1.6906 Close: 1.6799 Mid: 1.6796 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 1.6837 Close: 1.6842 Mid: 1.6864 | 3 Open: 1.6842 Close: 1.6819 Mid: 1.6827 | 4 Open: 1.6820 Close: 1.6797 Mid: 1.6796 | 5 Open: 1.6799 Close: 1.6660 Mid: 1.6740 | 6 Open: 1.6660 Close: 1.6657 Mid: 1.6673 | 7 |
8 | 9 Open: 1.6640 Close: 1.6489 Mid: 1.6590 | 10 Open: 1.6489 Close: 1.6552 Mid: 1.6552 | 11 Open: 1.6552 Close: 1.6498 Mid: 1.6523 | 12 Open: 1.6498 Close: 1.6590 Mid: 1.6582 | 13 Open: 1.6590 Close: 1.6657 Mid: 1.6624 | 14 |
15 | 16 Open: 1.6560 Close: 1.6640 Mid: 1.6648 | 17 Open: 1.6639 Close: 1.6573 Mid: 1.6624 | 18 Open: 1.6574 Close: 1.6569 Mid: 1.6605 | 19 Open: 1.6568 Close: 1.6678 Mid: 1.6654 | 20 Open: 1.6678 Close: 1.6622 Mid: 1.6677 | 21 |
22 | 23 Open: 1.6651 Close: 1.6538 Mid: 1.6584 | 24 Open: 1.6539 Close: 1.6593 Mid: 1.6555 | 25 Open: 1.6593 Close: 1.6342 Mid: 1.6479 | 26 Open: 1.6341 Close: 1.6314 Mid: 1.6291 | 27 Open: 1.6315 Close: 1.6304 Mid: 1.6307 | 28 |
29 | 30 Open: 1.6267 Close: 1.6371 Mid: 1.6316 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.6371 Close: 1.6393 Mid: 1.6362 | 2 Open: 1.6393 Close: 1.6426 Mid: 1.6440 | 3 Open: 1.6425 Close: 1.6505 Mid: 1.6396 | 4 Open: 1.6506 Close: 1.6414 Mid: 1.6459 | 5 | ||
6 | 7 Open: 1.6369 Close: 1.6334 Mid: 1.6369 | 8 Open: 1.6334 Close: 1.6429 Mid: 1.6370 | 9 Open: 1.6428 Close: 1.6382 Mid: 1.6362 | 10 Open: 1.6381 Close: 1.6330 Mid: 1.6297 | 11 Open: 1.6327 Close: 1.6266 Mid: 1.6273 | 12 |
13 | 14 Open: 1.6229 Close: 1.6278 Mid: 1.6281 | 15 Open: 1.6278 Close: 1.6304 Mid: 1.6287 | 16 Open: 1.6304 Close: 1.6150 Mid: 1.6247 | 17 Open: 1.6150 Close: 1.6184 Mid: 1.6192 | 18 Open: 1.6185 Close: 1.6110 Mid: 1.6152 | 19 |
20 | 21 Open: 1.6055 Close: 1.6081 Mid: 1.6110 | 22 Open: 1.6082 Close: 1.6060 Mid: 1.6064 | 23 Open: 1.6060 Close: 1.6186 Mid: 1.6116 | 24 Open: 1.6186 Close: 1.6141 Mid: 1.6169 | 25 Open: 1.6142 Close: 1.6108 Mid: 1.6133 | 26 |
27 | 28 Open: 1.6129 Close: 1.6092 Mid: 1.6122 | 29 Open: 1.6092 Close: 1.6118 Mid: 1.6127 | 30 Open: 1.6118 Close: 1.6101 Mid: 1.6089 | 31 Open: 1.6102 Close: 1.6000 Mid: 1.6076 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.6000 Close: 1.5965 Mid: 1.5980 | 2 | |||||
3 | 4 Open: 1.5994 Close: 1.5915 Mid: 1.5968 | 5 Open: 1.5915 Close: 1.5886 Mid: 1.5895 | 6 Open: 1.5886 Close: 1.5915 Mid: 1.5951 | 7 Open: 1.5915 Close: 1.5928 Mid: 1.5950 | 8 Open: 1.5929 Close: 1.5984 Mid: 1.5946 | 9 |
10 | 11 Open: 1.5990 Close: 1.6252 Mid: 1.6105 | 12 Open: 1.6252 Close: 1.6346 Mid: 1.6328 | 13 Open: 1.6346 Close: 1.6377 Mid: 1.6318 | 14 Open: 1.6377 Close: 1.6388 Mid: 1.6439 | 15 Open: 1.6388 Close: 1.6403 Mid: 1.6410 | 16 |
17 | 18 Open: 1.6378 Close: 1.6325 Mid: 1.6345 | 19 Open: 1.6325 Close: 1.6442 Mid: 1.6383 | 20 Open: 1.6442 Close: 1.6377 Mid: 1.6433 | 21 Open: 1.6378 Close: 1.6354 Mid: 1.6363 | 22 Open: 1.6354 Close: 1.6367 Mid: 1.6282 | 23 |
24 | 25 Open: 1.6374 Close: 1.6276 Mid: 1.6325 | 26 Open: 1.6276 Close: 1.6289 Mid: 1.6276 | 27 Open: 1.6290 Close: 1.6441 Mid: 1.6374 | 28 Open: 1.6441 Close: 1.6404 Mid: 1.6427 | 29 Open: 1.6405 Close: 1.6355 Mid: 1.6332 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 1.6404 Close: 1.6332 Mid: 1.6364 | 3 Open: 1.6332 Close: 1.6355 Mid: 1.6354 | 4 Open: 1.6355 Close: 1.6437 Mid: 1.6419 | 5 Open: 1.6437 Close: 1.6324 Mid: 1.6364 | 6 Open: 1.6324 Close: 1.6158 Mid: 1.6242 | 7 |
8 | 9 Open: 1.6151 Close: 1.5984 Mid: 1.6057 | 10 Open: 1.5984 Close: 1.5967 Mid: 1.6020 | 11 Open: 1.5967 Close: 1.5883 Mid: 1.5936 | 12 Open: 1.5882 Close: 1.5920 Mid: 1.5907 | 13 Open: 1.5920 Close: 1.6037 Mid: 1.6008 | 14 |
15 | 16 Open: 1.6017 Close: 1.6012 Mid: 1.6016 | 17 Open: 1.6012 Close: 1.6165 Mid: 1.6098 | 18 Open: 1.6165 Close: 1.6098 Mid: 1.6125 | 19 Open: 1.6098 Close: 1.6083 Mid: 1.6101 | 20 Open: 1.6082 Close: 1.6175 Mid: 1.6083 | 21 |
22 | 23 Open: 1.6167 Close: 1.6344 Mid: 1.6259 | 24 Open: 1.6344 Close: 1.6422 Mid: 1.6349 | 25 Open: 1.6344 Close: 1.6422 Mid: 1.6349 | 26 Open: 1.6426 Close: 1.6481 Mid: 1.6451 | 27 | 28 |
29 | 30 | 31 |
Compare Exchange Rates:
Know What the Best Exchange Rate Looks Like
Benchmark the exchange rate market with Pound Sterling Live's custom currency rate comparison tool with built-in algorithms to find the best rates in the market.
Banks and financial institutions buy and sell currency from each other - these sizeable institutions are 'the market' and the rate they transact at is the 'market rate'. The difference between how much a currency is purchased and sold is the spread, which is essentially the difference between the buy and sell price.
But, when currency is sold by banks to retail customers that spread widens significantly and the profit on the transaction is therefore substantially larger.
Therefore when we focus on the transfer fee when sending money abroad we often miss the biggest cost: the exchange rate spread.
Foreign exchange providers have essentially recognised this and they enter the market to transfer money at tighter spreads, thereby saving potentially significant amounts of money for their clients simply by providing better exchange rates.
For example, the transfer of £100K into euros is expected to attract a rate that delivers between €112,480 and €113,296 with the UK's leading high street banks. But FCA authorised providers will provide a rate that delivers between €115,510 and €115,740 (using rates on 05/07/21).
Taking the time to work with a FCA regulated currency provider could therefore result in the delivery of an extra euros amount of between €2444 and €3030.
Pound Sterling Live only works with foreign exchange payment companies that are FCA Authorised. This is important: FCA regulations and oversight requires the money they transfer on your behalf to be protected through a process known as 'safeguarding'. Safeguarding requires the payments company to keep your money separate from their own money in a top-tier bank. Therefore if the provider comes under stress your money should be protected.
Pound Sterling Live's Latest News
Pound to Canadian Dollar Week Ahead Forecast: Lost Momentum
December 23, 2024
Pound to Australian Dollar Week Ahead: Staying Constructive
December 23, 2024
Euro to Dollar Near-term Forecast: Staying Heavy, 1.0340 Eyed
December 23, 2024
Pound to Dollar Rate Weekly Outlook: Staying Pressured
December 23, 2024