Live rate: 1 USD = 1445.2800 KRW (-0.01%)

Inverted: 1 KRW = 0.0007 USD

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

Comparison Results:

ProviderExchange RateFeeYou GetServiceNotesAction

Live Market Rate

1445.280001,430.8272
Horizon Currency 1,440.9442

(indicative)

01,440.9442 International Payments and Transfers Experts in international money transfers for business and individuals, delivering industry-beating exchange rates.
CorPay 1,435.1630

(indicative)

01,435.1630 International Payments and Transfers Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent.
wise 1,445.28000.97%1,431.2608 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.
Travel FX 1,432.272501,432.2725 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

Banks
1,404.8122

(upper range)

Variable1,404.8122 Payments, transfers, holiday money Determined using data on spread charges supplied by IMTI

Worst Bank Rate

Banks
1,394.6952

(lower range)

Variable1,394.6952Payments, transfers, holiday money Determined using data on spread charges supplied by Money Mover and Accourt

Paypal

Paypal
1,380.242401,380.2424 International Payments and Transfers
For full historical data please visit: USD/KRW exchange rate history pages for the year 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012

January - 2024

SunMonTueWedThuFriSat
1
2

Open: 1,295.2100

Close: 1,311.4600

Mid: 1,304.4150

3

Open: 1,311.4300

Close: 1,310.0500

Mid: 1,308.9250

4

Open: 1,310.3000

Close: 1,314.4300

Mid: 1,310.6300

5

Open: 1,314.4900

Close: 1,314.9100

Mid: 1,315.6650

6
7
8

Open: 1,313.3500

Close: 1,312.4600

Mid: 1,316.6100

9

Open: 1,312.2100

Close: 1,320.6400

Mid: 1,315.2400

10

Open: 1,320.6100

Close: 1,319.1000

Mid: 1,320.2000

11

Open: 1,319.3200

Close: 1,314.1700

Mid: 1,317.1150

12

Open: 1,314.1400

Close: 1,313.6800

Mid: 1,312.3650

13
14
15

Open: 1,313.9100

Close: 1,320.7000

Mid: 1,318.2450

16

Open: 1,320.4900

Close: 1,338.4800

Mid: 1,331.0150

17

Open: 1,338.8000

Close: 1,345.2800

Mid: 1,343.6250

18

Open: 1,345.2100

Close: 1,338.9700

Mid: 1,341.2150

19

Open: 1,338.5100

Close: 1,333.9400

Mid: 1,335.8050

20
21
22

Open: 1,334.0400

Close: 1,339.7000

Mid: 1,335.7800

23

Open: 1,339.5600

Close: 1,338.2000

Mid: 1,337.1100

24

Open: 1,339.0100

Close: 1,333.2500

Mid: 1,334.8000

25

Open: 1,333.6800

Close: 1,336.8600

Mid: 1,335.8700

26

Open: 1,336.9700

Close: 1,337.1600

Mid: 1,336.0850

27
28
29

Open: 1,337.1800

Close: 1,333.6100

Mid: 1,334.3400

30

Open: 1,333.6100

Close: 1,328.9000

Mid: 1,330.3600

31

Open: 1,328.8800

Close: 1,334.7900

Mid: 1,331.8200

February - 2024

SunMonTueWedThuFriSat
1

Open: 1,334.8700

Close: 1,329.8600

Mid: 1,332.5350

2

Open: 1,329.7100

Close: 1,339.2400

Mid: 1,330.1050

3
4
5

Open: 1,338.7800

Close: 1,334.1600

Mid: 1,334.7200

6

Open: 1,334.0100

Close: 1,327.3900

Mid: 1,330.0550

7

Open: 1,327.3100

Close: 1,328.6900

Mid: 1,326.2500

8

Open: 1,328.6900

Close: 1,332.3200

Mid: 1,329.4500

9

Open: 1,332.4600

Close: 1,331.5200

Mid: 1,331.8650

10
11
12

Open: 1,331.5300

Close: 1,329.0700

Mid: 1,330.1350

13

Open: 1,329.3200

Close: 1,341.5600

Mid: 1,335.4650

14

Open: 1,341.2100

Close: 1,330.8700

Mid: 1,335.8500

15

Open: 1,330.7300

Close: 1,328.8500

Mid: 1,331.3100

16

Open: 1,326.4600

Close: 1,332.7600

Mid: 1,331.0150

17
18
19

Open: 1,332.5800

Close: 1,334.8400

Mid: 1,333.7800

20

Open: 1,334.8600

Close: 1,334.2400

Mid: 1,335.5400

21

Open: 1,334.1300

Close: 1,332.7300

Mid: 1,334.8650

22

Open: 1,333.3200

Close: 1,327.6200

Mid: 1,328.9500

23

Open: 1,327.6100

Close: 1,330.6600

Mid: 1,330.5400

24
25
26

Open: 1,331.0000

Close: 1,332.4500

Mid: 1,330.5300

27

Open: 1,332.4000

Close: 1,332.5200

Mid: 1,331.4900

28

Open: 1,332.3200

Close: 1,336.2000

Mid: 1,334.3300

29

Open: 1,335.4400

Close: 1,335.6500

Mid: 1,334.1100

March - 2024

SunMonTueWedThuFriSat
1

Open: 1,335.8500

Close: 1,332.2400

Mid: 1,334.2300

2
3
4

Open: 1,331.9400

Close: 1,332.0300

Mid: 1,331.0650

5

Open: 1,332.0300

Close: 1,336.5500

Mid: 1,333.7900

6

Open: 1,336.5900

Close: 1,330.1200

Mid: 1,333.2600

7

Open: 1,330.1200

Close: 1,324.2000

Mid: 1,327.4000

8

Open: 1,324.1900

Close: 1,317.2800

Mid: 1,318.3000

9
10
11

Open: 1,316.9000

Close: 1,311.6500

Mid: 1,312.2250

12

Open: 1,311.6200

Close: 1,312.3900

Mid: 1,311.3000

13

Open: 1,312.3800

Close: 1,314.0500

Mid: 1,314.5850

14

Open: 1,314.0500

Close: 1,324.6900

Mid: 1,318.5850

15

Open: 1,324.6900

Close: 1,330.9300

Mid: 1,327.9550

16
17
18

Open: 1,330.9300

Close: 1,337.5300

Mid: 1,334.2200

19

Open: 1,337.5900

Close: 1,337.4900

Mid: 1,338.4950

20

Open: 1,337.4900

Close: 1,330.6900

Mid: 1,336.1550

21

Open: 1,330.6800

Close: 1,335.4500

Mid: 1,329.2100

22

Open: 1,335.4500

Close: 1,344.5000

Mid: 1,338.7650

23
24
25

Open: 1,344.5100

Close: 1,339.7600

Mid: 1,339.3200

26

Open: 1,339.7700

Close: 1,344.0800

Mid: 1,339.6500

27

Open: 1,344.0900

Close: 1,350.3400

Mid: 1,347.6450

28

Open: 1,350.3700

Close: 1,350.4400

Mid: 1,347.9500

29

Open: 1,350.4500

Close: 1,346.4400

Mid: 1,347.3100

30
31

April - 2024

SunMonTueWedThuFriSat
1

Open: 1,346.4300

Close: 1,353.7200

Mid: 1,349.9600

2

Open: 1,353.7200

Close: 1,351.7400

Mid: 1,351.9300

3

Open: 1,351.7300

Close: 1,345.4900

Mid: 1,349.2500

4

Open: 1,345.5000

Close: 1,351.6900

Mid: 1,349.5900

5

Open: 1,351.7000

Close: 1,351.2300

Mid: 1,352.5300

6
7
8

Open: 1,351.2400

Close: 1,354.6700

Mid: 1,354.0700

9

Open: 1,354.6600

Close: 1,352.3400

Mid: 1,353.5600

10

Open: 1,352.3500

Close: 1,364.0200

Mid: 1,356.4350

11

Open: 1,364.0300

Close: 1,368.6300

Mid: 1,366.6750

12

Open: 1,368.6300

Close: 1,380.5400

Mid: 1,376.6450

13
14
15

Open: 1,380.5400

Close: 1,388.1900

Mid: 1,385.8400

16

Open: 1,388.2000

Close: 1,389.9800

Mid: 1,394.0950

17

Open: 1,389.9900

Close: 1,380.1000

Mid: 1,385.2350

18

Open: 1,380.1100

Close: 1,380.5900

Mid: 1,376.9150

19

Open: 1,380.5900

Close: 1,374.6000

Mid: 1,383.5850

20
21
22

Open: 1,374.6200

Close: 1,379.3500

Mid: 1,378.7850

23

Open: 1,379.3500

Close: 1,373.8100

Mid: 1,375.6700

24

Open: 1,373.8000

Close: 1,377.8100

Mid: 1,372.6900

25

Open: 1,377.8200

Close: 1,372.1800

Mid: 1,375.4300

26

Open: 1,372.1800

Close: 1,378.0500

Mid: 1,374.3750

27
28
29

Open: 1,378.0600

Close: 1,375.2600

Mid: 1,378.0500

30

Open: 1,375.2700

Close: 1,385.8900

Mid: 1,380.2900

May - 2024

SunMonTueWedThuFriSat
1

Open: 1,385.9000

Close: 1,377.9600

Mid: 1,381.9900

2

Open: 1,377.9700

Close: 1,367.6500

Mid: 1,373.9150

3

Open: 1,367.6600

Close: 1,356.0900

Mid: 1,359.1550

4
5
6

Open: 1,356.0800

Close: 1,355.5100

Mid: 1,357.0750

7

Open: 1,355.5100

Close: 1,359.4500

Mid: 1,357.2000

8

Open: 1,359.4500

Close: 1,365.1400

Mid: 1,362.1250

9

Open: 1,365.1400

Close: 1,366.0900

Mid: 1,367.8650

10

Open: 1,366.0900

Close: 1,371.1200

Mid: 1,367.7850

11
12
13

Open: 1,371.1200

Close: 1,367.0300

Mid: 1,369.2900

14

Open: 1,367.0200

Close: 1,365.4900

Mid: 1,367.7150

15

Open: 1,365.4800

Close: 1,353.8300

Mid: 1,358.8800

16

Open: 1,353.8200

Close: 1,349.6100

Mid: 1,348.6450

17

Open: 1,349.6100

Close: 1,354.1900

Mid: 1,353.4850

18
19
20

Open: 1,354.2100

Close: 1,361.3600

Mid: 1,358.8250

21

Open: 1,361.3500

Close: 1,364.3700

Mid: 1,363.2600

22

Open: 1,364.3800

Close: 1,366.7100

Mid: 1,364.2550

23

Open: 1,366.7200

Close: 1,368.6100

Mid: 1,364.6950

24

Open: 1,368.6100

Close: 1,366.1000

Mid: 1,368.4500

25
26
27

Open: 1,366.1400

Close: 1,362.0500

Mid: 1,363.8550

28

Open: 1,362.0400

Close: 1,363.7700

Mid: 1,359.9400

29

Open: 1,363.7700

Close: 1,371.1900

Mid: 1,366.6700

30

Open: 1,371.2100

Close: 1,376.2900

Mid: 1,375.2550

31

Open: 1,376.2900

Close: 1,383.1100

Mid: 1,380.9450

June - 2024

SunMonTueWedThuFriSat
1
2
3

Open: 1,383.1100

Close: 1,371.7000

Mid: 1,377.2600

4

Open: 1,371.7200

Close: 1,374.4400

Mid: 1,373.9950

5

Open: 1,374.4300

Close: 1,369.9000

Mid: 1,371.9400

6

Open: 1,369.8900

Close: 1,363.2600

Mid: 1,366.4700

7

Open: 1,363.2600

Close: 1,380.0100

Mid: 1,372.0050

8
9
10

Open: 1,380.0100

Close: 1,374.6900

Mid: 1,377.7150

11

Open: 1,374.6800

Close: 1,378.5900

Mid: 1,377.6900

12

Open: 1,378.5800

Close: 1,371.1200

Mid: 1,372.1350

13

Open: 1,371.1200

Close: 1,376.6200

Mid: 1,372.4400

14

Open: 1,376.6200

Close: 1,383.2200

Mid: 1,381.1600

15
16
17

Open: 1,383.2300

Close: 1,379.9700

Mid: 1,380.8600

18

Open: 1,379.9700

Close: 1,379.7700

Mid: 1,382.0450

19

Open: 1,379.7600

Close: 1,382.4700

Mid: 1,380.5650

20

Open: 1,382.4800

Close: 1,392.6800

Mid: 1,386.8250

21

Open: 1,392.6700

Close: 1,388.8300

Mid: 1,389.7500

22
23
24

Open: 1,388.8700

Close: 1,386.7500

Mid: 1,388.0450

25

Open: 1,386.7600

Close: 1,391.6000

Mid: 1,388.3600

26

Open: 1,391.6100

Close: 1,394.3300

Mid: 1,391.6700

27

Open: 1,394.3400

Close: 1,387.5500

Mid: 1,389.0900

28

Open: 1,387.5700

Close: 1,381.4800

Mid: 1,381.7550

29
30

July - 2024

SunMonTueWedThuFriSat
1

Open: 1,381.2800

Close: 1,384.2200

Mid: 1,381.3050

2

Open: 1,384.1600

Close: 1,386.6700

Mid: 1,386.1650

3

Open: 1,386.6800

Close: 1,387.6000

Mid: 1,386.7750

4

Open: 1,387.6200

Close: 1,380.9100

Mid: 1,383.5750

5

Open: 1,380.7600

Close: 1,377.6200

Mid: 1,380.3950

6
7
8

Open: 1,377.6200

Close: 1,383.7700

Mid: 1,381.2200

9

Open: 1,383.4800

Close: 1,383.7900

Mid: 1,383.7800

10

Open: 1,383.7800

Close: 1,383.9300

Mid: 1,385.4850

11

Open: 1,383.9200

Close: 1,372.2600

Mid: 1,376.2200

12

Open: 1,372.2700

Close: 1,375.0800

Mid: 1,375.3450

13
14
15

Open: 1,375.0800

Close: 1,385.1900

Mid: 1,380.4300

16

Open: 1,385.1800

Close: 1,383.8200

Mid: 1,384.8450

17

Open: 1,383.8200

Close: 1,379.6700

Mid: 1,380.0200

18

Open: 1,379.6700

Close: 1,386.0900

Mid: 1,381.7600

19

Open: 1,386.1000

Close: 1,389.8900

Mid: 1,387.7650

20
21
22

Open: 1,389.8800

Close: 1,387.9400

Mid: 1,388.4300

23

Open: 1,387.9400

Close: 1,386.0300

Mid: 1,385.3150

24

Open: 1,386.0200

Close: 1,383.6300

Mid: 1,383.5300

25

Open: 1,383.6300

Close: 1,383.7900

Mid: 1,383.8800

26

Open: 1,383.7900

Close: 1,384.9300

Mid: 1,384.3050

27
28
29

Open: 1,384.9300

Close: 1,382.0700

Mid: 1,382.4200

30

Open: 1,382.0500

Close: 1,384.3400

Mid: 1,382.9500

31

Open: 1,384.3300

Close: 1,369.1800

Mid: 1,375.8350

August - 2024

SunMonTueWedThuFriSat
1

Open: 1,369.1800

Close: 1,370.0600

Mid: 1,366.4250

2

Open: 1,370.0700

Close: 1,358.2200

Mid: 1,367.3750

3
4
5

Open: 1,358.2200

Close: 1,368.2300

Mid: 1,364.7600

6

Open: 1,368.2400

Close: 1,375.5900

Mid: 1,373.0350

7

Open: 1,375.5800

Close: 1,376.3700

Mid: 1,376.1650

8

Open: 1,376.3600

Close: 1,373.7800

Mid: 1,376.4250

9

Open: 1,373.7700

Close: 1,365.1800

Mid: 1,369.2600

10
11
12

Open: 1,365.1600

Close: 1,370.3200

Mid: 1,368.1050

13

Open: 1,370.3000

Close: 1,362.8200

Mid: 1,367.4350

14

Open: 1,362.8500

Close: 1,359.1600

Mid: 1,359.1150

15

Open: 1,359.1500

Close: 1,364.9900

Mid: 1,360.8800

16

Open: 1,364.9900

Close: 1,349.9700

Mid: 1,357.2100

17
18
19

Open: 1,349.9800

Close: 1,332.3400

Mid: 1,340.0900

20

Open: 1,332.3100

Close: 1,330.0300

Mid: 1,330.3350

21

Open: 1,330.0400

Close: 1,336.9700

Mid: 1,333.5150

22

Open: 1,336.9700

Close: 1,342.9100

Mid: 1,338.2050

23

Open: 1,342.9200

Close: 1,324.6400

Mid: 1,333.0900

24
25
26

Open: 1,324.6600

Close: 1,328.4700

Mid: 1,323.6000

27

Open: 1,328.4800

Close: 1,327.4000

Mid: 1,330.8400

28

Open: 1,327.4100

Close: 1,337.1900

Mid: 1,332.7700

29

Open: 1,337.2000

Close: 1,334.2800

Mid: 1,333.0250

30

Open: 1,334.2900

Close: 1,337.5600

Mid: 1,335.3150

31

September - 2024

SunMonTueWedThuFriSat
1
2

Open: 1,337.5600

Close: 1,338.2600

Mid: 1,338.8300

3

Open: 1,338.2600

Close: 1,341.2500

Mid: 1,340.2300

4

Open: 1,341.2600

Close: 1,335.2400

Mid: 1,338.4150

5

Open: 1,335.2600

Close: 1,333.5900

Mid: 1,334.8000

6

Open: 1,333.6000

Close: 1,338.6100

Mid: 1,332.5200

7
8
9

Open: 1,338.6200

Close: 1,342.7200

Mid: 1,343.0450

10

Open: 1,342.7100

Close: 1,344.3400

Mid: 1,342.7600

11

Open: 1,344.3400

Close: 1,339.7900

Mid: 1,340.8000

12

Open: 1,339.7900

Close: 1,337.3500

Mid: 1,340.2300

13

Open: 1,337.3700

Close: 1,329.5300

Mid: 1,331.3050

14
15
16

Open: 1,330.5100

Close: 1,321.5400

Mid: 1,323.3800

17

Open: 1,321.4100

Close: 1,325.7200

Mid: 1,319.8150

18

Open: 1,325.8300

Close: 1,324.3300

Mid: 1,320.1400

19

Open: 1,324.3300

Close: 1,328.7000

Mid: 1,329.9100

20

Open: 1,328.7000

Close: 1,332.5100

Mid: 1,332.1600

21
22
23

Open: 1,332.5100

Close: 1,334.0500

Mid: 1,336.4000

24

Open: 1,334.0600

Close: 1,326.0200

Mid: 1,331.3550

25

Open: 1,325.8300

Close: 1,336.5500

Mid: 1,331.4450

26

Open: 1,336.5600

Close: 1,313.7300

Mid: 1,325.0750

27

Open: 1,313.7400

Close: 1,310.3600

Mid: 1,314.5000

28
29
30

Open: 1,310.3500

Close: 1,319.0000

Mid: 1,311.8350

October - 2024

SunMonTueWedThuFriSat
1

Open: 1,319.0100

Close: 1,324.0900

Mid: 1,323.4150

2

Open: 1,324.2200

Close: 1,325.0700

Mid: 1,321.5050

3

Open: 1,325.0600

Close: 1,335.1000

Mid: 1,330.4850

4

Open: 1,335.1200

Close: 1,346.8800

Mid: 1,342.8650

5
6
7

Open: 1,346.8800

Close: 1,345.8700

Mid: 1,346.4650

8

Open: 1,345.8600

Close: 1,341.3100

Mid: 1,345.4850

9

Open: 1,341.3100

Close: 1,347.5200

Mid: 1,343.3850

10

Open: 1,347.5000

Close: 1,350.6900

Mid: 1,350.3500

11

Open: 1,350.6900

Close: 1,349.3200

Mid: 1,348.8200

12
13
14

Open: 1,349.3200

Close: 1,358.2900

Mid: 1,355.1600

15

Open: 1,358.3100

Close: 1,364.4600

Mid: 1,361.5600

16

Open: 1,364.4600

Close: 1,364.5200

Mid: 1,363.6000

17

Open: 1,364.5000

Close: 1,371.3200

Mid: 1,368.0450

18

Open: 1,371.3100

Close: 1,369.4200

Mid: 1,370.6050

19
20
21

Open: 1,369.4600

Close: 1,379.7600

Mid: 1,373.9650

22

Open: 1,379.7600

Close: 1,379.8500

Mid: 1,380.0900

23

Open: 1,379.8400

Close: 1,380.5600

Mid: 1,381.7200

24

Open: 1,380.5800

Close: 1,379.3600

Mid: 1,380.1750

25

Open: 1,379.3500

Close: 1,388.9500

Mid: 1,385.1050

26
27
28

Open: 1,388.9300

Close: 1,382.8000

Mid: 1,385.6050

29

Open: 1,382.8000

Close: 1,384.3200

Mid: 1,384.1950

30

Open: 1,384.3300

Close: 1,379.4600

Mid: 1,379.4300

31

Open: 1,379.4800

Close: 1,373.8100

Mid: 1,377.5150

November - 2024

SunMonTueWedThuFriSat
1

Open: 1,373.8100

Close: 1,380.4300

Mid: 1,376.4100

2
3
4

Open: 1,379.9000

Close: 1,373.8500

Mid: 1,374.2400

5

Open: 1,373.8800

Close: 1,378.9300

Mid: 1,377.0050

6

Open: 1,379.0000

Close: 1,401.7200

Mid: 1,389.5650

7

Open: 1,401.6900

Close: 1,381.6100

Mid: 1,393.0600

8

Open: 1,381.5300

Close: 1,398.2000

Mid: 1,391.1000

9
10
11

Open: 1,398.0600

Close: 1,401.3200

Mid: 1,397.6900

12

Open: 1,401.3300

Close: 1,408.0000

Mid: 1,404.5250

13

Open: 1,408.0100

Close: 1,405.9300

Mid: 1,403.1200

14

Open: 1,405.8500

Close: 1,406.0700

Mid: 1,405.4000

15

Open: 1,405.9600

Close: 1,395.2100

Mid: 1,400.9350

16
17
18

Open: 1,395.1800

Close: 1,392.0100

Mid: 1,395.6000

19

Open: 1,392.0300

Close: 1,393.4700

Mid: 1,393.2900

20

Open: 1,393.4800

Close: 1,399.1400

Mid: 1,395.1000

21

Open: 1,399.1000

Close: 1,400.7100

Mid: 1,398.8000

22

Open: 1,400.7900

Close: 1,403.7100

Mid: 1,403.7750

23
24
25

Open: 1,403.7600

Close: 1,400.3400

Mid: 1,400.0100

26

Open: 1,400.3500

Close: 1,397.3400

Mid: 1,401.0150

27

Open: 1,397.3400

Close: 1,391.3000

Mid: 1,394.4500

28

Open: 1,391.3300

Close: 1,395.6600

Mid: 1,394.3850

29

Open: 1,395.6500

Close: 1,395.5300

Mid: 1,394.3050

30

December - 2024

SunMonTueWedThuFriSat
1
2

Open: 1,395.7800

Close: 1,405.1200

Mid: 1,401.5100

3

Open: 1,405.1000

Close: 1,415.3200

Mid: 1,422.0150

4

Open: 1,415.3300

Close: 1,413.3600

Mid: 1,412.7600

5

Open: 1,413.3500

Close: 1,415.1600

Mid: 1,415.6200

6

Open: 1,415.1200

Close: 1,425.1700

Mid: 1,421.4650

7
8
9

Open: 1,425.1800

Close: 1,429.0700

Mid: 1,431.8500

10

Open: 1,429.0600

Close: 1,435.2800

Mid: 1,431.2700

11

Open: 1,435.2800

Close: 1,428.7100

Mid: 1,432.6650

12

Open: 1,428.7000

Close: 1,430.3500

Mid: 1,431.1950

13

Open: 1,430.3700

Close: 1,435.5700

Mid: 1,432.8400

14
15
16

Open: 1,435.5400

Close: 1,437.7800

Mid: 1,436.4200

17

Open: 1,437.7600

Close: 1,439.2300

Mid: 1,436.9150

18

Open: 1,439.1700

Close: 1,455.0300

Mid: 1,447.3450

19

Open: 1,455.1000

Close: 1,445.4800

Mid: 1,450.2750

20

Open: 1,444.8000

Close: 1,445.2800

Mid: 1,446.5700

21
22
23
24
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.