Exchange rates: Where's the best place to exchange currency?

XE cost breakdown

XE's transfer fee is £0.00 and their exchange rate is 1.3355. That rate is lower than the mid-market rate of 1.3437, which will cost you £12.22.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £12.22 = £12.22

This makes XE the second cheapest provider in the table to send £2,000.00 to USD.

• Amount you send (fees included)£2,000.00
• Transfer fee£0.00
• XE exchange rate1.3355
• 0.61% lower than the mid-market rate 1.3437
• Fee within the exchange rate£12.22
• Total cost£12.22
• Amount received$2,670.98

OFX cost breakdown

OFX's transfer fee is £0.00 and their exchange rate is 1.334. That rate is lower than the mid-market rate of 1.3437, which will cost you £14.47.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £14.47 = £14.47

This makes OFX the third cheapest provider in the table to send £2,000.00 to USD.

• Amount you send (fees included)£2,000.00
• Transfer fee£0.00
• OFX exchange rate1.334
• 0.72% lower than the mid-market rate 1.3437
• Fee within the exchange rate£14.47
• Total cost£14.47
• Amount received$2,668.00

CurrencyFair cost breakdown

CurrencyFair's transfer fee is £3.00 and their exchange rate is 1.3342. That rate is lower than the mid-market rate of 1.3437, which will cost you £14.17.

The total cost of this transaction is: the transfer fee of £3.00 + the exchange rate fee £14.17 = £17.17

This makes CurrencyFair the fourth cheapest provider in the table to send £2,000.00 to USD.

• Amount you send (fees included)£2,000.00
• Transfer fee£3.00
• CurrencyFair exchange rate1.3342
• 0.7% lower than the mid-market rate 1.3437
• Fee within the exchange rate£14.17
• Total cost£17.17
• Amount received$2,664.40

TorFX cost breakdown

TorFX's transfer fee is £0.00 and their exchange rate is 1.3301. That rate is lower than the mid-market rate of 1.3437, which will cost you £20.35.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £20.35 = £20.35

This makes TorFX the fifth cheapest provider in the table to send £2,000.00 to USD.

• Amount you send (fees included)£2,000.00
• Transfer fee£0.00
• TorFX exchange rate1.3301
• 1.01% lower than the mid-market rate 1.3437
• Fee within the exchange rate£20.35
• Total cost£20.35
• Amount received$2,660.23

Currencies Direct cost breakdown

Currencies Direct's transfer fee is £0.00 and their exchange rate is 1.3274. That rate is lower than the mid-market rate of 1.3437, which will cost you £24.44.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £24.44 = £24.44

This makes Currencies Direct the sixth cheapest provider in the table to send £2,000.00 to USD.

• Amount you send (fees included)£2,000.00
• Transfer fee£0.00
• Currencies Direct exchange rate1.3274
• 1.21% lower than the mid-market rate 1.3437
• Fee within the exchange rate£24.44
• Total cost£24.44
• Amount received$2,654.85

WorldRemit cost breakdown

WorldRemit's transfer fee is £1.99 and their exchange rate is 1.3255. That rate is lower than the mid-market rate of 1.3437, which will cost you £27.39.

The total cost of this transaction is: the transfer fee of £1.99 + the exchange rate fee £27.39 = £29.38

This makes WorldRemit the seventh cheapest provider in the table to send £2,000.00 to USD.

• Amount you send (fees included)£2,000.00
• Transfer fee£1.99
• WorldRemit exchange rate1.3255
• 1.35% lower than the mid-market rate 1.3437
• Fee within the exchange rate£27.39
• Total cost£29.38
• Amount received$2,650.98