Currency Calculator

Use the calculator on the right to see how much currency you can get for your money.

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1 GBP = 1.17406 EUR

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1 EUR = 0.85129 GBP

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Exchange rate for country

Transfer To
Amount to send?
TorFX
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
Rate Per Single Unit: 1.166
Exchange Rate You Get: 5,829
Moneycorp
FCA Regualted: FCA Regulated
Margin Rate: 1%
Rate Per Single Unit: 1.162
Exchange Rate You Get: 5,812
Rational FX
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
Rate Per Single Unit: 1.166
Exchange Rate You Get: 5,829
GCEN
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
Rate Per Single Unit: 1.166
Exchange Rate You Get: 5,829
International Foreign Exchange
FCA Regualted: FCA Regulated
Margin Rate: 1%
Rate Per Single Unit: 1.162
Exchange Rate You Get: 5,812
CentralFX
FCA Regualted: FCA Regulated
Margin Rate: 0.9%
Rate Per Single Unit: 1.163
Exchange Rate You Get: 5,817
Currency Solutions
FCA Regualted: Not FCA Regulated
Margin Rate: 1%
Rate Per Single Unit: 1.162
Exchange Rate You Get: 5,812
my Travel Cash
FCA Regualted: Not FCA Regulated
Margin Rate: 5%
Rate Per Single Unit: 1.115
Exchange Rate You Get: 5,577
Travelex
FCA Regualted: Not FCA Regulated
Margin Rate: 5%
Rate Per Single Unit: 1.115
Exchange Rate You Get: 5,577
OZforex
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
Rate Per Single Unit: 1.166
Exchange Rate You Get: 5,829
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Exchange rate for country

People that have to send money abroad, either as a one-off or on a regular basis, want to make sure they get the most from their money for transfers of both small and great value.

Exchange rates and other fees are involved with sending money abroad, so there are a number of different components individuals need to be aware of before they send money.

Best Exchange rates

The exchange rate refers to the value of one currency following its conversion to another currency. Whilst many would assume the cost of conversion would be the same with all money transfer companies, they are not fixed and can vary depending on the place of purchase.

Individuals looking to send money abroad, therefore, need to research the various exchange rates on the market to ensure they receive as much as they can for their money.

The banks are not the best place to seek a good exchange rate and in fact, banks rely on consumers assuming the bank provides the best rate. Banks do not tend to offer competitive rates in comparison to specialised exchange companies that direct their focus on foreign exchange money transfers.

By getting the most competitive rate for your foreign money transfer could save you thousands of pounds if you are sending large amounts of money. Therefore, it is very easy for consumers to lose considerable amounts of money with poor exchange rates.

Good exchange rates with specialised exchange brokers

For transferring money abroad, with both small and large sums of money, a specialised foreign exchange broker is going to offer the most rewarding exchange rates.

This is because brokers have the facilities and knowledge to constantly find out the various and contrasting exchange rates on the market for different currencies and different values. They can then display and present this information to consumers looking to send money overseas to ensure they are not being stitched up by a bad exchange rate.

Although greater savings are made with larger sums of money with specialised exchange brokers, a worthwhile amount can still be saved with smaller amounts of money.

Specialised exchange brokers can be used for a one-off payment or for regular payments because in both circumstances they can show you how and where to get the most beneficial exchange rate.

Exchange rates online

Using specialised online exchange brokers can also be far more convenient than having to visit the local bank and other providers of currency exchange. Authorised and regulated currency brokers have all the information consumers need when sending money overseas. Consumers can type in the amount they wish to send abroad and the country receiving it. They will then be informed in a short space of time of the various exchange rates on offer to them.

Online brokers allow consumers to scan the market in the comfort of their own home.

Send the funds online

Brokers can give you the comparison of different exchange rates, and they can also sort out the transfer of funds. This typically involves the consumer transferring the funds using their home currency and then converting it to the currency of the country receiving it. The bank abroad will then receive the funds in a matter of days.

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