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 1.3393. That rate is lower than the mid-market rate of 1.3474, 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 rate1.3393
• 0.6% lower than the mid-market rate 1.3474
• Fee within the exchange rate£12.00
• Total cost£12.00
• Amount received$2,678.63

CurrencyFair cost breakdown

CurrencyFair's transfer fee is £2.99 and their exchange rate is 1.3398. That rate is lower than the mid-market rate of 1.3474, which will cost you £11.27.

The total cost of this transaction is: the transfer fee of £2.99 + the exchange rate fee £11.27 = £14.26

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

• Amount you send (fees included)£2,000.00
• Transfer fee£2.99
• CurrencyFair exchange rate1.3398
• 0.56% lower than the mid-market rate 1.3474
• Fee within the exchange rate£11.27
• Total cost£14.26
• Amount received$2,675.60

OFX cost breakdown

OFX's transfer fee is £0.00 and their exchange rate is 1.3373. That rate is lower than the mid-market rate of 1.3474, which will cost you £15.03.

The total cost of this transaction is: the transfer fee of £0.00 + the exchange rate fee £15.03 = £15.03

This makes OFX the fourth 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 rate1.3373
• 0.75% lower than the mid-market rate 1.3474
• Fee within the exchange rate£15.03
• Total cost£15.03
• Amount received$2,674.60

TorFX cost breakdown

TorFX's transfer fee is £0.00 and their exchange rate is 1.3339. That rate is lower than the mid-market rate of 1.3474, 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 rate1.3339
• 1% lower than the mid-market rate 1.3474
• Fee within the exchange rate£20.13
• Total cost£20.13
• Amount received$2,667.85

Currencies Direct cost breakdown

Currencies Direct's transfer fee is £0.00 and their exchange rate is 1.3312. That rate is lower than the mid-market rate of 1.3474, 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 rate1.3312
• 1.2% lower than the mid-market rate 1.3474
• Fee within the exchange rate£24.22
• Total cost£24.22
• Amount received$2,662.46

WorldRemit cost breakdown

WorldRemit's transfer fee is £1.99 and their exchange rate is 1.3301. That rate is lower than the mid-market rate of 1.3474, which will cost you £25.94.

The total cost of this transaction is: the transfer fee of £1.99 + the exchange rate fee £25.94 = £27.93

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 rate1.3301
• 1.28% lower than the mid-market rate 1.3474
• Fee within the exchange rate£25.94
• Total cost£27.93
• Amount received$2,660.26