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 1.3152. That rate is lower than the mid-market rate of 1.3232, which will cost you £12.15.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £12.15 = £12.15

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 rate1.3152
• 0.6% lower than the mid-market rate 1.3232
• Fee within the exchange rate£12.15
• Total cost£12.15
• Amount received$2,630.32

OFX cost breakdown

OFX's transfer fee is £0.00 and their exchange rate is 1.3135. That rate is lower than the mid-market rate of 1.3232, which will cost you £14.69.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £14.69 = £14.69

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 rate1.3135
• 0.73% lower than the mid-market rate 1.3232
• Fee within the exchange rate£14.69
• Total cost£14.69
• Amount received$2,627.00

CurrencyFair cost breakdown

CurrencyFair's transfer fee is £3.04 and their exchange rate is 1.3151. That rate is lower than the mid-market rate of 1.3232, which will cost you £12.24.

The total cost of this transaction is: the transfer fee of £3.04 + the exchange rate fee £12.24 = £15.28

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£3.04
• CurrencyFair exchange rate1.3151
• 0.61% lower than the mid-market rate 1.3232
• Fee within the exchange rate£12.24
• Total cost£15.28
• Amount received$2,626.20

TorFX cost breakdown

TorFX's transfer fee is £0.00 and their exchange rate is 1.3099. That rate is lower than the mid-market rate of 1.3232, which will cost you £20.28.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £20.28 = £20.28

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 rate1.3099
• 1% lower than the mid-market rate 1.3232
• Fee within the exchange rate£20.28
• Total cost£20.28
• Amount received$2,619.74

Currencies Direct cost breakdown

Currencies Direct's transfer fee is £0.00 and their exchange rate is 1.3072. That rate is lower than the mid-market rate of 1.3232, which will cost you £24.37.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £24.37 = £24.37

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 rate1.3072
• 1.21% lower than the mid-market rate 1.3232
• Fee within the exchange rate£24.37
• Total cost£24.37
• Amount received$2,614.45

WorldRemit cost breakdown

WorldRemit's transfer fee is £1.99 and their exchange rate is 1.3053. That rate is lower than the mid-market rate of 1.3232, which will cost you £27.35.

The total cost of this transaction is: the transfer fee of £1.99 + the exchange rate fee £27.35 = £29.34

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 rate1.3053
• 1.35% lower than the mid-market rate 1.3232
• Fee within the exchange rate£27.35
• Total cost£29.34
• Amount received$2,610.52