Best Swedish Krona / Fiji Dollar Exchange Rate Today: 0.2094
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.2088, and the most competitive travel money / cash rates start at approximately 0.2075.
Live rate: 1 SEK = 0.2094 FJD (+0.1435% )
Inverted: 1 FJD = 4.7755 SEK
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 | 0.2094 | 0 | 0.2073 | |||
 | 0.2088 (indicative) | 0 | 0.2088 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.2079 (indicative) | 0 | 0.2079 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.2094 | 4.91% | 0.1991 | 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. | |
 | 0.2075 | 0 | 0.2075 | 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  | 0.2035 (upper range) | Variable | 0.2035 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.2021 (lower range) | Variable | 0.2021 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.2000 | 0 | 0.2000 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2195 Close: 0.2177 Mid: 0.2186 | 2 Open: 0.2178 Close: 0.2168 Mid: 0.2177 | 3 Open: 0.2192 Close: 0.2171 Mid: 0.2183 | 4 Open: 0.2171 Close: 0.2167 Mid: 0.2169 | 5 Open: 0.2167 Close: 0.2155 Mid: 0.2168 | 6 | |
7 | 8 Open: 0.2158 Close: 0.2184 Mid: 0.2172 | 9 Open: 0.2185 Close: 0.2183 Mid: 0.2184 | 10 Open: 0.2184 Close: 0.2191 Mid: 0.2188 | 11 Open: 0.2191 Close: 0.2184 Mid: 0.2190 | 12 Open: 0.2184 Close: 0.2188 Mid: 0.2187 | 13 |
14 | 15 Open: 0.2186 Close: 0.2151 Mid: 0.2171 | 16 Open: 0.2151 Close: 0.2140 Mid: 0.2150 | 17 Open: 0.2141 Close: 0.2144 Mid: 0.2140 | 18 Open: 0.2145 Close: 0.2134 Mid: 0.2139 | 19 Open: 0.2135 Close: 0.2135 Mid: 0.2138 | 20 |
21 | 22 Open: 0.2137 Close: 0.2166 Mid: 0.2153 | 23 Open: 0.2167 Close: 0.2145 Mid: 0.2159 | 24 Open: 0.2195 Close: 0.2173 Mid: 0.2187 | 25 Open: 0.2172 Close: 0.2143 Mid: 0.2159 | 26 Open: 0.2143 Close: 0.2144 Mid: 0.2143 | 27 |
28 | 29 Open: 0.2144 Close: 0.2151 Mid: 0.2141 | 30 Open: 0.2151 Close: 0.2147 Mid: 0.2158 | 31 Open: 0.2146 Close: 0.2154 Mid: 0.2158 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2154 Close: 0.2153 Mid: 0.2150 | 2 Open: 0.2153 Close: 0.2144 Mid: 0.2150 | 3 | ||||
4 | 5 Open: 0.2144 Close: 0.2125 Mid: 0.2134 | 6 Open: 0.2126 Close: 0.2139 Mid: 0.2128 | 7 Open: 0.2139 Close: 0.2144 Mid: 0.2142 | 8 Open: 0.2144 Close: 0.2148 Mid: 0.2147 | 9 Open: 0.2148 Close: 0.2145 Mid: 0.2146 | 10 |
11 | 12 Open: 0.2143 Close: 0.2157 Mid: 0.2149 | 13 Open: 0.2157 Close: 0.2133 Mid: 0.2146 | 14 Open: 0.2133 Close: 0.2140 Mid: 0.2138 | 15 Open: 0.2140 Close: 0.2147 Mid: 0.2146 | 16 Open: 0.2147 Close: 0.2150 Mid: 0.2149 | 17 |
18 | 19 Open: 0.2147 Close: 0.2179 Mid: 0.2163 | 20 Open: 0.2182 Close: 0.2186 Mid: 0.2183 | 21 Open: 0.2185 Close: 0.2179 Mid: 0.2183 | 22 Open: 0.2180 Close: 0.2189 Mid: 0.2194 | 23 Open: 0.2191 Close: 0.2166 Mid: 0.2179 | 24 |
25 | 26 Open: 0.2165 Close: 0.2201 Mid: 0.2184 | 27 Open: 0.2165 Close: 0.2201 Mid: 0.2184 | 28 Open: 0.2192 Close: 0.2190 Mid: 0.2190 | 29 Open: 0.2191 Close: 0.2171 Mid: 0.2183 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2171 Close: 0.2175 Mid: 0.2174 | 2 | |||||
3 | 4 Open: 0.2176 Close: 0.2167 Mid: 0.2172 | 5 Open: 0.2167 Close: 0.2166 Mid: 0.2166 | 6 Open: 0.2167 Close: 0.2173 Mid: 0.2169 | 7 Open: 0.2174 Close: 0.2179 Mid: 0.2175 | 8 Open: 0.2179 Close: 0.2177 Mid: 0.2179 | 9 |
10 | 11 Open: 0.2180 Close: 0.2180 Mid: 0.2191 | 12 Open: 0.2180 Close: 0.2180 Mid: 0.2183 | 13 Open: 0.2180 Close: 0.2180 Mid: 0.2180 | 14 Open: 0.2180 Close: 0.2180 Mid: 0.2184 | 15 Open: 0.2179 Close: 0.2164 Mid: 0.2169 | 16 |
17 | 18 Open: 0.2163 Close: 0.2153 Mid: 0.2158 | 19 Open: 0.2155 Close: 0.2157 Mid: 0.2154 | 20 Open: 0.2180 Close: 0.2176 Mid: 0.2175 | 21 Open: 0.2176 Close: 0.2170 Mid: 0.2172 | 22 Open: 0.2170 Close: 0.2156 Mid: 0.2164 | 23 |
24 | 25 Open: 0.2156 Close: 0.2150 Mid: 0.2153 | 26 Open: 0.2154 Close: 0.2127 Mid: 0.2143 | 27 Open: 0.2127 Close: 0.2144 Mid: 0.2136 | 28 Open: 0.2144 Close: 0.2111 Mid: 0.2127 | 29 Open: 0.2110 Close: 0.2139 Mid: 0.2122 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2128 Close: 0.2115 Mid: 0.2120 | 2 Open: 0.2090 Close: 0.2103 Mid: 0.2102 | 3 Open: 0.2103 Close: 0.2113 Mid: 0.2109 | 4 Open: 0.2113 Close: 0.2110 Mid: 0.2129 | 5 Open: 0.2110 Close: 0.2110 Mid: 0.2111 | 6 | |
7 | 8 Open: 0.2113 Close: 0.2124 Mid: 0.2119 | 9 Open: 0.2124 Close: 0.2121 Mid: 0.2137 | 10 Open: 0.2121 Close: 0.2107 Mid: 0.2113 | 11 Open: 0.2107 Close: 0.2103 Mid: 0.2103 | 12 Open: 0.2103 Close: 0.2083 Mid: 0.2091 | 13 |
14 | 15 Open: 0.2084 Close: 0.2088 Mid: 0.2087 | 16 Open: 0.2088 Close: 0.2080 Mid: 0.2085 | 17 Open: 0.2080 Close: 0.2078 Mid: 0.2075 | 18 Open: 0.2077 Close: 0.2075 Mid: 0.2080 | 19 Open: 0.2075 Close: 0.2092 Mid: 0.2087 | 20 |
21 | 22 Open: 0.2089 Close: 0.2105 Mid: 0.2089 | 23 Open: 0.2105 Close: 0.2103 Mid: 0.2107 | 24 Open: 0.2104 Close: 0.2098 Mid: 0.2102 | 25 Open: 0.2098 Close: 0.2103 Mid: 0.2101 | 26 Open: 0.2103 Close: 0.2067 Mid: 0.2088 | 27 |
28 | 29 Open: 0.2088 Close: 0.2086 Mid: 0.2086 | 30 Open: 0.2086 Close: 0.2079 Mid: 0.2078 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2079 Close: 0.2091 Mid: 0.2086 | 2 Open: 0.2092 Close: 0.2076 Mid: 0.2084 | 3 Open: 0.2076 Close: 0.2111 Mid: 0.2094 | 4 | |||
5 | 6 Open: 0.2111 Close: 0.2076 Mid: 0.2091 | 7 Open: 0.2076 Close: 0.2095 Mid: 0.2086 | 8 Open: 0.2091 Close: 0.2084 Mid: 0.2088 | 9 Open: 0.2084 Close: 0.2097 Mid: 0.2091 | 10 Open: 0.2097 Close: 0.2098 Mid: 0.2097 | 11 |
12 | 13 Open: 0.2099 Close: 0.2097 Mid: 0.2097 | 14 Open: 0.2097 Close: 0.2074 Mid: 0.2084 | 15 Open: 0.2075 Close: 0.2089 Mid: 0.2082 | 16 Open: 0.2089 Close: 0.2082 Mid: 0.2088 | 17 Open: 0.2082 Close: 0.2079 Mid: 0.2081 | 18 |
19 | 20 Open: 0.2081 Close: 0.2108 Mid: 0.2096 | 21 Open: 0.2108 Close: 0.2114 Mid: 0.2114 | 22 Open: 0.2114 Close: 0.2106 Mid: 0.2110 | 23 Open: 0.2107 Close: 0.2107 Mid: 0.2111 | 24 Open: 0.2108 Close: 0.2116 Mid: 0.2114 | 25 |
26 | 27 Open: 0.2116 Close: 0.2116 Mid: 0.2119 | 28 Open: 0.2117 Close: 0.2136 Mid: 0.2121 | 29 Open: 0.2136 Close: 0.2119 Mid: 0.2127 | 30 Open: 0.2119 Close: 0.2132 Mid: 0.2123 | 31 Open: 0.2102 Close: 0.2115 Mid: 0.2111 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.2119 Close: 0.2171 Mid: 0.2146 | 4 Open: 0.2171 Close: 0.2168 Mid: 0.2166 | 5 Open: 0.2167 Close: 0.2165 Mid: 0.2167 | 6 Open: 0.2165 Close: 0.2174 Mid: 0.2171 | 7 Open: 0.2174 Close: 0.0421 Mid: 0.1290 | 8 |
9 | 10 Open: 0.0458 Close: 0.2137 Mid: 0.1290 | 11 Open: 0.2137 Close: 0.2146 Mid: 0.2147 | 12 Open: 0.2147 Close: 0.2149 Mid: 0.2159 | 13 Open: 0.2149 Close: 0.2133 Mid: 0.2142 | 14 Open: 0.2132 Close: 0.2129 Mid: 0.2129 | 15 |
16 | 17 Open: 0.2127 Close: 0.2160 Mid: 0.2143 | 18 Open: 0.2158 Close: 0.2163 Mid: 0.2151 | 19 Open: 0.2163 Close: 0.2156 Mid: 0.2157 | 20 Open: 0.2156 Close: 0.2146 Mid: 0.2155 | 21 Open: 0.2147 Close: 0.2149 Mid: 0.2145 | 22 |
23 | 24 Open: 0.2145 Close: 0.2134 Mid: 0.2140 | 25 Open: 0.2134 Close: 0.2153 Mid: 0.2144 | 26 Open: 0.2153 Close: 0.2143 Mid: 0.2142 | 27 Open: 0.2143 Close: 0.2121 Mid: 0.2128 | 28 Open: 0.2122 Close: 0.2112 Mid: 0.2122 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2147 Close: 0.2136 Mid: 0.2140 | 2 Open: 0.2136 Close: 0.2141 Mid: 0.2134 | 3 Open: 0.2141 Close: 0.2128 Mid: 0.2134 | 4 Open: 0.2128 Close: 0.2135 Mid: 0.2130 | 5 Open: 0.2136 Close: 0.2123 Mid: 0.2136 | 6 | |
7 | 8 Open: 0.2152 Close: 0.2127 Mid: 0.2141 | 9 Open: 0.2112 Close: 0.2129 Mid: 0.2123 | 10 Open: 0.2128 Close: 0.2140 Mid: 0.2133 | 11 Open: 0.2140 Close: 0.2143 Mid: 0.2145 | 12 Open: 0.2144 Close: 0.2108 Mid: 0.2127 | 13 |
14 | 15 Open: 0.2111 Close: 0.2100 Mid: 0.2105 | 16 Open: 0.2100 Close: 0.2105 Mid: 0.2101 | 17 Open: 0.2105 Close: 0.2113 Mid: 0.2108 | 18 Open: 0.2113 Close: 0.2107 Mid: 0.2112 | 19 Open: 0.2107 Close: 0.2098 Mid: 0.2106 | 20 |
21 | 22 Open: 0.2101 Close: 0.2092 Mid: 0.2099 | 23 Open: 0.2092 Close: 0.2089 Mid: 0.2091 | 24 Open: 0.2089 Close: 0.2091 Mid: 0.2092 | 25 Open: 0.2091 Close: 0.2089 Mid: 0.2088 | 26 Open: 0.2089 Close: 0.2087 Mid: 0.2091 | 27 |
28 | 29 Open: 0.2090 Close: 0.2088 Mid: 0.2090 | 30 Open: 0.2089 Close: 0.2099 Mid: 0.2093 | 31 Open: 0.2100 Close: 0.2108 Mid: 0.2108 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2108 Close: 0.2106 Mid: 0.2110 | 2 Open: 0.2106 Close: 0.2127 Mid: 0.2113 | 3 | ||||
4 | 5 Open: 0.2131 Close: 0.2136 Mid: 0.2139 | 6 Open: 0.2136 Close: 0.2142 Mid: 0.2140 | 7 Open: 0.2142 Close: 0.2145 Mid: 0.2147 | 8 Open: 0.2145 Close: 0.2155 Mid: 0.2153 | 9 Open: 0.2155 Close: 0.2132 Mid: 0.2146 | 10 |
11 | 12 Open: 0.2129 Close: 0.2131 Mid: 0.2130 | 13 Open: 0.2131 Close: 0.2133 Mid: 0.2141 | 14 Open: 0.2133 Close: 0.2146 Mid: 0.2145 | 15 Open: 0.2148 Close: 0.2124 Mid: 0.2138 | 16 Open: 0.2124 Close: 0.2136 Mid: 0.2127 | 17 |
18 | 19 Open: 0.2146 Close: 0.2152 Mid: 0.2142 | 20 Open: 0.2152 Close: 0.2170 Mid: 0.2159 | 21 Open: 0.2170 Close: 0.2173 Mid: 0.2168 | 22 Open: 0.2173 Close: 0.2165 Mid: 0.2168 | 23 Open: 0.2165 Close: 0.2162 Mid: 0.2160 | 24 |
25 | 26 Open: 0.2156 Close: 0.2172 Mid: 0.2167 | 27 Open: 0.2173 Close: 0.2167 Mid: 0.2175 | 28 Open: 0.2167 Close: 0.2161 Mid: 0.2164 | 29 Open: 0.2161 Close: 0.2154 Mid: 0.2156 | 30 Open: 0.2154 Close: 0.2149 Mid: 0.2151 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.2149 Close: 0.2158 Mid: 0.2156 | 3 Open: 0.2159 Close: 0.2163 Mid: 0.2162 | 4 Open: 0.2162 Close: 0.2153 Mid: 0.2160 | 5 Open: 0.2153 Close: 0.2154 Mid: 0.2154 | 6 Open: 0.2154 Close: 0.2154 Mid: 0.2157 | 7 |
8 | 9 Open: 0.2155 Close: 0.2143 Mid: 0.2148 | 10 Open: 0.2143 Close: 0.2142 Mid: 0.2142 | 11 Open: 0.2142 Close: 0.2139 Mid: 0.2142 | 12 Open: 0.2139 Close: 0.2149 Mid: 0.2144 | 13 Open: 0.2150 Close: 0.2166 Mid: 0.2160 | 14 |
15 | 16 Open: 0.2163 Close: 0.2191 Mid: 0.2179 | 17 Open: 0.2191 Close: 0.2168 Mid: 0.2180 | 18 Open: 0.2168 Close: 0.2161 Mid: 0.2164 | 19 Open: 0.2161 Close: 0.2165 Mid: 0.2164 | 20 Open: 0.2165 Close: 0.2161 Mid: 0.2161 | 21 |
22 | 23 Open: 0.2162 Close: 0.2153 Mid: 0.2157 | 24 Open: 0.2153 Close: 0.2164 Mid: 0.2171 | 25 Open: 0.2164 Close: 0.2165 Mid: 0.2164 | 26 Open: 0.2166 Close: 0.2161 Mid: 0.2166 | 27 Open: 0.2161 Close: 0.2166 Mid: 0.2164 | 28 |
29 | 30 Open: 0.2163 Close: 0.2149 Mid: 0.2158 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2149 Close: 0.2134 Mid: 0.2142 | 2 Open: 0.2134 Close: 0.2138 Mid: 0.2134 | 3 Open: 0.2138 Close: 0.2136 Mid: 0.2148 | 4 Open: 0.2136 Close: 0.2132 Mid: 0.2134 | 5 | ||
6 | 7 Open: 0.2139 Close: 0.2153 Mid: 0.2139 | 8 Open: 0.2152 Close: 0.2147 Mid: 0.2157 | 9 Open: 0.2147 Close: 0.2143 Mid: 0.2149 | 10 Open: 0.2143 Close: 0.2139 Mid: 0.2141 | 11 Open: 0.2139 Close: 0.2142 Mid: 0.2139 | 12 |
13 | 14 Open: 0.2165 Close: 0.2159 Mid: 0.2164 | 15 Open: 0.2145 Close: 0.2144 Mid: 0.2149 | 16 Open: 0.2164 Close: 0.2134 Mid: 0.2151 | 17 Open: 0.2134 Close: 0.2136 Mid: 0.2130 | 18 Open: 0.2137 Close: 0.2118 Mid: 0.2130 | 19 |
20 | 21 Open: 0.2117 Close: 0.2138 Mid: 0.2129 | 22 Open: 0.2139 Close: 0.2118 Mid: 0.2130 | 23 Open: 0.2118 Close: 0.2123 Mid: 0.2117 | 24 Open: 0.2122 Close: 0.2122 Mid: 0.2121 | 25 Open: 0.2122 Close: 0.2116 Mid: 0.2121 | 26 |
27 | 28 Open: 0.2142 Close: 0.2134 Mid: 0.2140 | 29 Open: 0.2134 Close: 0.2135 Mid: 0.2134 | 30 Open: 0.2135 Close: 0.2135 Mid: 0.2133 | 31 Open: 0.2135 Close: 0.2132 Mid: 0.2129 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2144 Close: 0.2121 Mid: 0.2132 | 2 | |||||
3 | 4 Open: 0.2123 Close: 0.2097 Mid: 0.2113 | 5 Open: 0.2097 Close: 0.2093 Mid: 0.2107 | 6 Open: 0.2093 Close: 0.2089 Mid: 0.2085 | 7 Open: 0.2090 Close: 0.2106 Mid: 0.2090 | 8 Open: 0.2105 Close: 0.2107 Mid: 0.2104 | 9 |
10 | 11 Open: 0.2103 Close: 0.2080 Mid: 0.2089 | 12 Open: 0.2080 Close: 0.2076 Mid: 0.2077 | 13 Open: 0.2076 Close: 0.2069 Mid: 0.2076 | 14 Open: 0.2069 Close: 0.2068 Mid: 0.2069 | 15 Open: 0.2069 Close: 0.2076 Mid: 0.2074 | 16 |
17 | 18 Open: 0.2073 Close: 0.2080 Mid: 0.2075 | 19 Open: 0.2080 Close: 0.2086 Mid: 0.2078 | 20 Open: 0.2087 Close: 0.2071 Mid: 0.2074 | 21 Open: 0.2072 Close: 0.2075 Mid: 0.2072 | 22 Open: 0.2075 Close: 0.2061 Mid: 0.2065 | 23 |
24 | 25 Open: 0.2064 Close: 0.2069 Mid: 0.2069 | 26 Open: 0.2069 Close: 0.2076 Mid: 0.2073 | 27 Open: 0.2076 Close: 0.2078 Mid: 0.2075 | 28 Open: 0.2078 Close: 0.2077 Mid: 0.2077 | 29 Open: 0.2077 Close: 0.2072 Mid: 0.2077 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.2075 Close: 0.2066 Mid: 0.2071 | 3 Open: 0.2066 Close: 0.2062 Mid: 0.2067 | 4 Open: 0.2062 Close: 0.2097 Mid: 0.2079 | 5 Open: 0.2098 Close: 0.2094 Mid: 0.2098 | 6 Open: 0.2094 Close: 0.2088 Mid: 0.2095 | 7 |
8 | 9 Open: 0.2090 Close: 0.2110 Mid: 0.2098 | 10 Open: 0.2110 Close: 0.2109 Mid: 0.2110 | 11 Open: 0.2109 Close: 0.2110 Mid: 0.2112 | 12 Open: 0.2110 Close: 0.2105 Mid: 0.2112 | 13 Open: 0.2104 Close: 0.2121 Mid: 0.2114 | 14 |
15 | 16 Open: 0.2118 Close: 0.2105 Mid: 0.2112 | 17 Open: 0.2105 Close: 0.2108 Mid: 0.2106 | 18 Open: 0.2109 Close: 0.2086 Mid: 0.2106 | 19 Open: 0.2086 Close: 0.2104 Mid: 0.2102 | 20 Open: 0.2104 Close: 0.2098 Mid: 0.2101 | 21 |
22 | 23 Open: 0.2101 Close: 0.2098 Mid: 0.2099 | 24 Open: 0.2098 Close: 0.2091 Mid: 0.2094 | 25 Open: 0.2098 Close: 0.2091 Mid: 0.2094 | 26 Open: 0.2098 Close: 0.2091 Mid: 0.2094 | 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.
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