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 1.3315. That rate is lower than the mid-market rate of 1.3395, which will cost you £12.00.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £12.00 = £12.00

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 rate1.3315
• 0.6% lower than the mid-market rate 1.3395
• Fee within the exchange rate£12.00
• Total cost£12.00
• Amount received$2,663.03

OFX cost breakdown

OFX's transfer fee is £0.00 and their exchange rate is 1.3299. That rate is lower than the mid-market rate of 1.3395, which will cost you £14.44.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £14.44 = £14.44

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 rate1.3299
• 0.72% lower than the mid-market rate 1.3395
• Fee within the exchange rate£14.44
• Total cost£14.44
• Amount received$2,659.80

CurrencyFair cost breakdown

CurrencyFair's transfer fee is £3.00 and their exchange rate is 1.3313. That rate is lower than the mid-market rate of 1.3395, which will cost you £12.32.

The total cost of this transaction is: the transfer fee of £3.00 + the exchange rate fee £12.32 = £15.32

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 rate1.3313
• 0.61% lower than the mid-market rate 1.3395
• Fee within the exchange rate£12.32
• Total cost£15.32
• Amount received$2,658.60

TorFX cost breakdown

TorFX's transfer fee is £0.00 and their exchange rate is 1.3262. That rate is lower than the mid-market rate of 1.3395, which will cost you £20.13.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £20.13 = £20.13

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 rate1.3262
• 0.99% lower than the mid-market rate 1.3395
• Fee within the exchange rate£20.13
• Total cost£20.13
• Amount received$2,652.31

Currencies Direct cost breakdown

Currencies Direct's transfer fee is £0.00 and their exchange rate is 1.3235. That rate is lower than the mid-market rate of 1.3395, which will cost you £24.22.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £24.22 = £24.22

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 rate1.3235
• 1.19% lower than the mid-market rate 1.3395
• Fee within the exchange rate£24.22
• Total cost£24.22
• Amount received$2,646.95

WorldRemit cost breakdown

WorldRemit's transfer fee is £1.99 and their exchange rate is 1.3214. That rate is lower than the mid-market rate of 1.3395, which will cost you £27.40.

The total cost of this transaction is: the transfer fee of £1.99 + the exchange rate fee £27.40 = £29.39

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 rate1.3214
• 1.35% lower than the mid-market rate 1.3395
• Fee within the exchange rate£27.40
• Total cost£29.39
• Amount received$2,642.69