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 1.3346. That rate is lower than the mid-market rate of 1.3427, which will cost you £12.07.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £12.07 = £12.07

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 rate1.3346
• 0.6% lower than the mid-market rate 1.3427
• Fee within the exchange rate£12.07
• Total cost£12.07
• Amount received$2,669.19

OFX cost breakdown

OFX's transfer fee is £0.00 and their exchange rate is 1.3331. That rate is lower than the mid-market rate of 1.3427, which will cost you £14.33.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £14.33 = £14.33

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 rate1.3331
• 0.71% lower than the mid-market rate 1.3427
• Fee within the exchange rate£14.33
• Total cost£14.33
• Amount received$2,666.20

CurrencyFair cost breakdown

CurrencyFair's transfer fee is £3.00 and their exchange rate is 1.3338. That rate is lower than the mid-market rate of 1.3427, which will cost you £13.31.

The total cost of this transaction is: the transfer fee of £3.00 + the exchange rate fee £13.31 = £16.31

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 rate1.3338
• 0.66% lower than the mid-market rate 1.3427
• Fee within the exchange rate£13.31
• Total cost£16.31
• Amount received$2,663.55

TorFX cost breakdown

TorFX's transfer fee is £0.00 and their exchange rate is 1.3292. That rate is lower than the mid-market rate of 1.3427, which will cost you £20.20.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £20.20 = £20.20

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 rate1.3292
• 1% lower than the mid-market rate 1.3427
• Fee within the exchange rate£20.20
• Total cost£20.20
• Amount received$2,658.45

Currencies Direct cost breakdown

Currencies Direct's transfer fee is £0.00 and their exchange rate is 1.3265. That rate is lower than the mid-market rate of 1.3427, which will cost you £24.29.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £24.29 = £24.29

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 rate1.3265
• 1.2% lower than the mid-market rate 1.3427
• Fee within the exchange rate£24.29
• Total cost£24.29
• Amount received$2,653.08

WorldRemit cost breakdown

WorldRemit's transfer fee is £1.99 and their exchange rate is 1.324. That rate is lower than the mid-market rate of 1.3427, which will cost you £28.17.

The total cost of this transaction is: the transfer fee of £1.99 + the exchange rate fee £28.17 = £30.16

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 rate1.324
• 1.39% lower than the mid-market rate 1.3427
• Fee within the exchange rate£28.17
• Total cost£30.16
• Amount received$2,648.02