Live rate: 1 AED = 995.8551 UGX (+0.0217%)

Inverted: 1 UGX = 0.0010 AED

Click here for our full travel and holiday rates comparison tool.

Comparison Results:

ProviderExchange RateFeeYou GetServiceNotesAction

Live Market Rate

995.85510985.8965
wise 995.85511.6%979.9214 Best Multi-Currency Card The UK's leading payment provider

Best Bank Rate

Banks
967.9712

(upper range)

Variable967.9712 Payments, transfers, holiday money Determined using data on spread charges supplied by IMTI

Worst Bank Rate

Banks
961.0002

(lower range)

Variable961.0002Payments, transfers, holiday money Determined using data on spread charges supplied by Money Mover and Accourt

Paypal

Paypal
951.04160951.0416 International Payments and Transfers

AED/UGX Live Chart and Data

Loading
For full historical data please visit: AED/UGX exchange rate history pages for the year 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012

January - 2024

SunMonTueWedThuFriSat
1

Open: 1,030.2700

Close: 1,031.1000

Mid: 1,030.8500

2

Open: 1,030.3300

Close: 1,036.5600

Mid: 1,033.3700

3

Open: 1,031.7900

Close: 1,037.1500

Mid: 1,034.7150

4

Open: 1,031.7900

Close: 1,037.1500

Mid: 1,034.7150

5

Open: 1,037.8900

Close: 1,032.6700

Mid: 1,035.8800

6
7
8

Open: 1,028.9500

Close: 1,029.3500

Mid: 1,029.1500

9

Open: 1,034.3100

Close: 1,034.0400

Mid: 1,034.0400

10

Open: 1,033.9100

Close: 1,034.2900

Mid: 1,034.2950

11

Open: 1,034.2000

Close: 1,038.1800

Mid: 1,036.0450

12

Open: 1,035.7500

Close: 1,033.0800

Mid: 1,034.4150

13
14
15

Open: 1,033.2700

Close: 1,036.0700

Mid: 1,034.6900

16

Open: 1,035.9700

Close: 1,038.7400

Mid: 1,037.3550

17

Open: 1,038.7600

Close: 1,039.1700

Mid: 1,038.9200

18

Open: 1,038.7600

Close: 1,039.1700

Mid: 1,038.9200

19

Open: 1,036.2500

Close: 1,036.9000

Mid: 1,036.5200

20
21
22

Open: 1,036.2500

Close: 1,039.5900

Mid: 1,037.9200

23

Open: 1,039.5200

Close: 1,039.7200

Mid: 1,039.3750

24

Open: 1,039.8100

Close: 1,038.8100

Mid: 1,039.3450

25

Open: 1,038.9400

Close: 1,038.8600

Mid: 1,038.7900

26

Open: 1,038.9400

Close: 1,038.8600

Mid: 1,038.7900

27
28
29

Open: 1,041.4000

Close: 1,038.2000

Mid: 1,039.6900

30

Open: 1,038.1300

Close: 1,038.8800

Mid: 1,038.3950

31

Open: 1,039.3100

Close: 1,037.1100

Mid: 1,038.3300

February - 2024

SunMonTueWedThuFriSat
1

Open: 1,039.7600

Close: 1,039.8400

Mid: 1,039.8000

2

Open: 1,039.5700

Close: 1,043.5100

Mid: 1,039.5450

3
4
5

Open: 1,049.1700

Close: 1,037.0700

Mid: 1,043.1200

6

Open: 1,037.3300

Close: 1,039.9200

Mid: 1,038.6800

7

Open: 1,046.1700

Close: 1,041.3400

Mid: 1,043.7550

8

Open: 1,041.3200

Close: 1,046.9600

Mid: 1,044.0750

9

Open: 1,046.7300

Close: 1,049.0800

Mid: 1,047.9050

10
11
12

Open: 1,047.9700

Close: 1,049.7300

Mid: 1,048.8400

13

Open: 1,049.9700

Close: 1,052.8800

Mid: 1,051.0700

14

Open: 1,053.4600

Close: 1,053.6200

Mid: 1,053.5400

15

Open: 1,053.4600

Close: 1,053.6200

Mid: 1,053.5400

16

Open: 1,051.6600

Close: 1,057.4300

Mid: 1,054.6800

17
18
19

Open: 1,051.6600

Close: 1,057.4300

Mid: 1,054.6800

20

Open: 1,056.2400

Close: 1,053.4900

Mid: 1,055.0450

21

Open: 1,054.0400

Close: 1,059.4900

Mid: 1,056.7600

22

Open: 1,059.1600

Close: 1,063.6800

Mid: 1,061.4200

23

Open: 1,059.1600

Close: 1,063.6800

Mid: 1,061.4200

24
25
26

Open: 1,059.1600

Close: 1,063.6800

Mid: 1,061.4200

27

Open: 1,059.1600

Close: 1,063.6800

Mid: 1,061.4200

28

Open: 1,071.2100

Close: 1,072.5600

Mid: 1,072.1850

29

Open: 1,072.4900

Close: 1,069.9400

Mid: 1,070.9600

March - 2024

SunMonTueWedThuFriSat
1

Open: 1,070.0500

Close: 1,066.2800

Mid: 1,068.4500

2
3
4

Open: 1,064.0900

Close: 1,067.4300

Mid: 1,065.7600

5

Open: 1,067.5800

Close: 1,065.1900

Mid: 1,066.3850

6

Open: 1,065.3300

Close: 1,065.9200

Mid: 1,065.6250

7

Open: 1,065.4500

Close: 1,061.9400

Mid: 1,063.6900

8

Open: 1,061.6500

Close: 1,060.5600

Mid: 1,061.1050

9
10
11

Open: 1,061.6500

Close: 1,060.5600

Mid: 1,061.1050

12

Open: 1,062.9400

Close: 1,061.4300

Mid: 1,062.2900

13

Open: 1,061.6800

Close: 1,060.9200

Mid: 1,061.3000

14

Open: 1,058.5600

Close: 1,059.7500

Mid: 1,058.6000

15

Open: 1,060.1700

Close: 1,057.7600

Mid: 1,059.1550

16
17
18

Open: 1,057.9900

Close: 1,057.9200

Mid: 1,057.9750

19

Open: 1,058.6100

Close: 1,056.1300

Mid: 1,057.5150

20

Open: 1,052.6800

Close: 1,054.7300

Mid: 1,053.7950

21

Open: 1,053.9300

Close: 1,058.7200

Mid: 1,056.2450

22

Open: 1,053.9300

Close: 1,058.7200

Mid: 1,056.2450

23
24
25

Open: 1,062.8500

Close: 1,062.4800

Mid: 1,062.6650

26

Open: 1,057.7700

Close: 1,056.0300

Mid: 1,056.6800

27

Open: 1,056.4900

Close: 1,056.9000

Mid: 1,056.6950

28

Open: 1,057.1800

Close: 1,054.1400

Mid: 1,055.7900

29

Open: 1,054.6800

Close: 1,058.4900

Mid: 1,056.8450

30
31

April - 2024

SunMonTueWedThuFriSat
1

Open: 1,057.5700

Close: 1,059.1200

Mid: 1,058.3300

2

Open: 1,057.6400

Close: 1,057.1200

Mid: 1,057.4500

3

Open: 1,055.0700

Close: 1,053.3200

Mid: 1,054.1950

4

Open: 1,052.8600

Close: 1,047.6800

Mid: 1,050.2700

5

Open: 1,048.0300

Close: 1,046.4400

Mid: 1,047.2350

6
7
8

Open: 1,042.5100

Close: 1,042.2000

Mid: 1,042.7700

9

Open: 1,041.1800

Close: 1,033.1100

Mid: 1,037.0950

10

Open: 1,033.1500

Close: 1,039.1500

Mid: 1,036.1500

11

Open: 1,032.0200

Close: 1,037.4900

Mid: 1,034.9550

12

Open: 1,032.0200

Close: 1,037.4900

Mid: 1,034.9550

13
14
15

Open: 1,036.2800

Close: 1,038.2500

Mid: 1,037.2650

16

Open: 1,038.4100

Close: 1,043.4200

Mid: 1,040.9000

17

Open: 1,043.1400

Close: 1,038.0400

Mid: 1,040.6650

18

Open: 1,043.1400

Close: 1,038.0400

Mid: 1,040.6650

19

Open: 1,038.3600

Close: 1,036.4400

Mid: 1,037.4000

20
21
22

Open: 1,038.3600

Close: 1,036.4400

Mid: 1,037.4000

23

Open: 1,035.8300

Close: 1,036.2500

Mid: 1,036.0850

24

Open: 1,035.8300

Close: 1,036.2500

Mid: 1,036.0850

25

Open: 1,037.8300

Close: 1,039.5100

Mid: 1,038.6700

26

Open: 1,039.3900

Close: 1,038.0900

Mid: 1,038.7200

27
28
29

Open: 1,041.3000

Close: 1,041.0500

Mid: 1,041.1750

30

Open: 1,041.3000

Close: 1,041.0500

Mid: 1,041.1750

May - 2024

SunMonTueWedThuFriSat
1

Open: 1,041.3400

Close: 1,036.8100

Mid: 1,039.1200

2

Open: 1,036.3500

Close: 1,034.5100

Mid: 1,035.4300

3

Open: 1,034.3100

Close: 1,026.3400

Mid: 1,030.1550

4
5
6

Open: 1,030.0200

Close: 1,028.2200

Mid: 1,029.1250

7

Open: 1,027.9500

Close: 1,024.2700

Mid: 1,026.0700

8

Open: 1,027.9500

Close: 1,024.2700

Mid: 1,026.0700

9

Open: 1,030.2100

Close: 1,025.7900

Mid: 1,027.9950

10

Open: 1,025.8900

Close: 1,029.9200

Mid: 1,027.9050

11
12
13

Open: 1,029.3400

Close: 1,026.9700

Mid: 1,028.4000

14

Open: 1,027.0100

Close: 1,021.8600

Mid: 1,024.5400

15

Open: 1,021.6800

Close: 1,022.3100

Mid: 1,021.9950

16

Open: 1,022.2600

Close: 1,025.0600

Mid: 1,023.6600

17

Open: 1,025.1900

Close: 1,025.6500

Mid: 1,025.4400

18
19
20

Open: 1,034.1200

Close: 1,033.9000

Mid: 1,033.9750

21

Open: 1,034.2600

Close: 1,035.6900

Mid: 1,034.9500

22

Open: 1,035.9400

Close: 1,037.4800

Mid: 1,036.7450

23

Open: 1,037.7400

Close: 1,041.0400

Mid: 1,039.2550

24

Open: 1,041.2400

Close: 1,036.1300

Mid: 1,039.0100

25
26
27

Open: 1,035.1500

Close: 1,034.2000

Mid: 1,034.6750

28

Open: 1,034.2600

Close: 1,036.9100

Mid: 1,035.5550

29

Open: 1,037.2200

Close: 1,038.1300

Mid: 1,037.7800

30

Open: 1,038.4200

Close: 1,039.4400

Mid: 1,039.3100

31

Open: 1,039.3800

Close: 1,036.6400

Mid: 1,038.1150

June - 2024

SunMonTueWedThuFriSat
1
2
3

Open: 1,035.4000

Close: 1,037.9900

Mid: 1,036.8300

4

Open: 1,037.5500

Close: 1,036.4900

Mid: 1,036.4700

5

Open: 1,036.4300

Close: 1,038.0100

Mid: 1,037.1850

6

Open: 1,038.1100

Close: 1,033.1500

Mid: 1,035.5100

7

Open: 1,032.8500

Close: 1,034.9400

Mid: 1,033.1700

8
9
10

Open: 1,039.1200

Close: 1,026.1200

Mid: 1,033.2500

11

Open: 1,026.0800

Close: 1,025.8200

Mid: 1,025.8800

12

Open: 1,025.6000

Close: 1,019.7100

Mid: 1,022.6500

13

Open: 1,014.4700

Close: 1,015.4700

Mid: 1,014.9800

14

Open: 1,016.4900

Close: 1,011.4700

Mid: 1,013.9800

15
16
17

Open: 1,012.1900

Close: 1,008.5300

Mid: 1,010.3950

18

Open: 1,008.6100

Close: 1,012.4200

Mid: 1,010.4500

19

Open: 1,012.3200

Close: 1,017.1300

Mid: 1,014.5200

20

Open: 1,016.9600

Close: 1,020.6100

Mid: 1,018.7850

21

Open: 1,020.5100

Close: 1,019.7000

Mid: 1,020.1050

22
23
24

Open: 1,020.5100

Close: 1,018.1900

Mid: 1,019.3500

25

Open: 1,020.5100

Close: 1,018.1900

Mid: 1,019.3500

26

Open: 1,009.8500

Close: 1,012.3900

Mid: 1,011.0700

27

Open: 1,009.8500

Close: 1,012.3900

Mid: 1,011.0700

28

Open: 1,010.2000

Close: 1,010.7700

Mid: 1,010.5950

29
30

July - 2024

SunMonTueWedThuFriSat
1

Open: 1,013.8500

Close: 1,012.0400

Mid: 1,012.7150

2

Open: 1,013.8500

Close: 1,012.0400

Mid: 1,012.7150

3

Open: 1,005.7000

Close: 1,004.9300

Mid: 1,005.3150

4

Open: 1,005.7000

Close: 1,004.9300

Mid: 1,005.3150

5

Open: 1,007.3200

Close: 1,006.4000

Mid: 1,006.8600

6
7
8

Open: 1,007.1100

Close: 1,011.3900

Mid: 1,009.2500

9

Open: 1,010.6100

Close: 1,008.9100

Mid: 1,009.6950

10

Open: 1,008.8200

Close: 1,008.0100

Mid: 1,008.7450

11

Open: 1,008.4700

Close: 1,002.5500

Mid: 1,005.3700

12

Open: 1,010.0200

Close: 1,006.9700

Mid: 1,008.8500

13
14
15

Open: 1,006.9300

Close: 1,007.1300

Mid: 1,007.0300

16

Open: 1,007.4300

Close: 1,006.3600

Mid: 1,006.8950

17

Open: 1,006.5100

Close: 1,007.5700

Mid: 1,006.6600

18

Open: 1,007.0400

Close: 1,005.8600

Mid: 1,006.4500

19

Open: 1,006.0200

Close: 1,005.6900

Mid: 1,005.8550

20
21
22

Open: 1,005.5800

Close: 1,007.2000

Mid: 1,006.4250

23

Open: 1,006.9900

Close: 1,005.9900

Mid: 1,006.6700

24

Open: 1,006.2000

Close: 1,012.5200

Mid: 1,009.7350

25

Open: 1,012.4400

Close: 1,016.8300

Mid: 1,015.0050

26

Open: 1,016.7400

Close: 1,015.2700

Mid: 1,016.0050

27
28
29

Open: 1,015.6000

Close: 1,014.1400

Mid: 1,014.7150

30

Open: 1,014.4500

Close: 1,014.1800

Mid: 1,013.9300

31

Open: 1,014.2300

Close: 1,013.3800

Mid: 1,014.0050

August - 2024

SunMonTueWedThuFriSat
1

Open: 1,013.5100

Close: 1,014.4500

Mid: 1,015.1000

2

Open: 1,013.5100

Close: 1,014.4500

Mid: 1,015.1000

3
4
5

Open: 1,007.5900

Close: 1,014.8900

Mid: 1,011.7950

6

Open: 1,007.5900

Close: 1,014.8900

Mid: 1,011.7950

7

Open: 1,007.5900

Close: 1,014.8900

Mid: 1,011.7950

8

Open: 1,013.4200

Close: 1,014.9200

Mid: 1,014.3900

9

Open: 1,018.0500

Close: 1,014.1800

Mid: 1,016.1150

10
11
12

Open: 1,012.8800

Close: 1,015.5900

Mid: 1,014.1500

13

Open: 1,015.5700

Close: 1,014.2500

Mid: 1,014.9100

14

Open: 1,013.6700

Close: 1,014.1100

Mid: 1,013.8400

15

Open: 1,014.0100

Close: 1,013.6200

Mid: 1,013.7600

16

Open: 1,014.6300

Close: 1,014.8000

Mid: 1,014.5550

17
18
19

Open: 1,011.7500

Close: 1,012.4600

Mid: 1,012.1050

20

Open: 1,016.9100

Close: 1,013.0100

Mid: 1,014.9600

21

Open: 1,014.7700

Close: 1,012.9700

Mid: 1,013.8700

22

Open: 1,018.1200

Close: 1,012.8100

Mid: 1,015.2050

23

Open: 1,012.8800

Close: 1,010.7300

Mid: 1,011.8050

24
25
26

Open: 1,005.7100

Close: 1,010.4000

Mid: 1,008.2400

27

Open: 1,010.4200

Close: 1,010.7300

Mid: 1,010.5750

28

Open: 1,010.4200

Close: 1,010.7300

Mid: 1,010.5750

29

Open: 1,013.0700

Close: 1,013.7300

Mid: 1,013.3350

30

Open: 1,013.7300

Close: 1,012.5500

Mid: 1,011.9800

31

September - 2024

SunMonTueWedThuFriSat
1
2

Open: 1,013.7300

Close: 1,012.5500

Mid: 1,011.9800

3

Open: 1,013.5800

Close: 1,015.5500

Mid: 1,014.6350

4

Open: 1,014.2800

Close: 1,013.4400

Mid: 1,013.9850

5

Open: 1,014.9900

Close: 1,012.2200

Mid: 1,013.5250

6

Open: 1,012.1400

Close: 1,011.0100

Mid: 1,010.9350

7
8
9

Open: 1,014.9800

Close: 1,010.8800

Mid: 1,012.9200

10

Open: 1,010.7700

Close: 1,012.4000

Mid: 1,011.5150

11

Open: 1,012.3600

Close: 1,015.1000

Mid: 1,013.6950

12

Open: 1,015.1400

Close: 1,011.9200

Mid: 1,013.8350

13

Open: 1,015.8300

Close: 1,011.3200

Mid: 1,013.5750

14
15
16

Open: 1,012.4900

Close: 1,007.8300

Mid: 1,010.1600

17

Open: 1,008.9800

Close: 1,011.7900

Mid: 1,009.7800

18

Open: 1,011.2400

Close: 1,013.2900

Mid: 1,012.6650

19

Open: 1,013.5000

Close: 1,012.2400

Mid: 1,012.8400

20

Open: 1,012.0300

Close: 1,008.4400

Mid: 1,009.7800

21
22
23

Open: 1,008.9300

Close: 1,005.9900

Mid: 1,007.4600

24

Open: 1,008.9300

Close: 1,005.9900

Mid: 1,007.4600

25

Open: 1,006.0800

Close: 1,006.2800

Mid: 1,005.8550

26

Open: 1,006.7100

Close: 1,005.4900

Mid: 1,006.3350

27

Open: 1,005.3900

Close: 1,004.9800

Mid: 1,005.2500

28
29
30

Open: 1,006.6000

Close: 1,005.3400

Mid: 1,005.8200

October - 2024

SunMonTueWedThuFriSat
1

Open: 1,006.0800

Close: 998.8550

Mid: 1,002.6675

2

Open: 1,006.0800

Close: 998.8550

Mid: 1,002.6675

3

Open: 1,000.7200

Close: 997.0510

Mid: 998.9685

4

Open: 997.5910

Close: 999.3170

Mid: 997.7515

5
6
7

Open: 997.5910

Close: 999.3170

Mid: 997.7515

8

Open: 997.5910

Close: 999.3170

Mid: 997.7515

9

Open: 1,000.3700

Close: 1,001.0200

Mid: 1,000.6950

10

Open: 1,001.1200

Close: 1,001.5200

Mid: 1,001.3200

11

Open: 1,001.1200

Close: 1,001.5200

Mid: 1,001.3200

12
13
14

Open: 1,000.3500

Close: 997.1640

Mid: 998.7570

15

Open: 1,000.3500

Close: 997.1640

Mid: 998.7570

16

Open: 994.7730

Close: 998.2030

Mid: 996.4675

17

Open: 998.4120

Close: 1,000.0600

Mid: 999.2580

18

Open: 998.4120

Close: 1,000.0600

Mid: 999.2580

19
20
21

Open: 998.2470

Close: 997.0750

Mid: 997.6610

22

Open: 997.4220

Close: 998.9710

Mid: 998.1335

23

Open: 999.5170

Close: 998.4670

Mid: 998.9920

24

Open: 999.6850

Close: 998.7620

Mid: 999.3290

25

Open: 999.3700

Close: 998.2190

Mid: 998.9310

26
27
28

Open: 998.9090

Close: 998.2380

Mid: 998.8040

29

Open: 998.1330

Close: 997.9240

Mid: 998.2485

30

Open: 997.7360

Close: 996.5200

Mid: 997.5675

31

Open: 996.0790

Close: 999.1800

Mid: 997.3580

November - 2024

SunMonTueWedThuFriSat
1

Open: 995.6240

Close: 993.3870

Mid: 995.7045

2
3
4

Open: 993.9330

Close: 995.9920

Mid: 994.6075

5

Open: 1,000.7100

Close: 999.3710

Mid: 1,000.2505

6

Open: 992.6610

Close: 1,002.5600

Mid: 997.6105

7

Open: 1,004.6800

Close: 997.6250

Mid: 1,001.1525

8

Open: 997.7300

Close: 998.7590

Mid: 997.8360

9
10
11

Open: 995.9920

Close: 999.0270

Mid: 997.5410

12

Open: 998.7730

Close: 1,002.2300

Mid: 1,000.5015

13

Open: 995.7470

Close: 1,000.5800

Mid: 998.1935

14

Open: 1,001.6900

Close: 998.0870

Mid: 1,001.1350

15

Open: 1,000.8400

Close: 1,002.3700

Mid: 1,000.7450

16
17
18

Open: 1,003.8400

Close: 999.1600

Mid: 1,001.9250

19

Open: 998.7080

Close: 1,002.0900

Mid: 999.3970

20

Open: 1,002.0900

Close: 1,005.1800

Mid: 1,003.3100

21

Open: 1,005.2200

Close: 1,004.9900

Mid: 1,005.8100

22

Open: 1,005.5300

Close: 1,005.8300

Mid: 1,006.2800

23
24
25

Open: 1,007.3600

Close: 1,005.8600

Mid: 1,007.4950

26

Open: 1,006.1400

Close: 1,008.0700

Mid: 1,007.8750

27

Open: 1,007.7100

Close: 1,001.7200

Mid: 1,004.7350

28

Open: 1,005.2100

Close: 1,004.3000

Mid: 1,004.7400

29

Open: 1,007.2900

Close: 1,005.6900

Mid: 1,005.1850

30

December - 2024

SunMonTueWedThuFriSat
1
2

Open: 1,001.4100

Close: 1,006.9800

Mid: 1,004.1950

3

Open: 1,006.8600

Close: 1,001.3500

Mid: 1,003.9750

4

Open: 1,003.4600

Close: 1,002.1900

Mid: 1,003.3200

5

Open: 1,002.0600

Close: 997.4580

Mid: 999.7590

6

Open: 1,000.1700

Close: 997.1680

Mid: 998.2995

7
8
9

Open: 997.6360

Close: 997.4410

Mid: 997.7620

10

Open: 997.3560

Close: 997.1810

Mid: 997.6205

11

Open: 997.5230

Close: 993.8130

Mid: 996.6885

12

Open: 994.4320

Close: 995.8740

Mid: 995.0165

13

Open: 995.8290

Close: 991.2040

Mid: 994.8095

14
15
16

Open: 992.6220

Close: 992.5800

Mid: 993.5315

17

Open: 992.7090

Close: 990.6740

Mid: 991.5750

18

Open: 990.8250

Close: 991.9410

Mid: 991.4365

19

Open: 985.9090

Close: 992.4650

Mid: 989.2195

20

Open: 991.0120

Close: 996.4590

Mid: 994.8530

21
22
23

Open: 996.6340

Close: 1,001.2200

Mid: 997.7755

24

Open: 1,001.1700

Close: 995.6390

Mid: 998.4030

25
26
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.

Why

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.

Safety is Everything

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.