The new currency age


2016-11-18
Right now, November 2016, the pound buys you about $1.25 - this is in stark contrast to about 3 months ago, when the pound bought almost $1.50. How times have changed, which can be summed up in one word - Brexit. The uncertainty after the British public voted to leave the European Union is still being felt, and will probably continue to be felt well into 2018 and 2019, or at least until the outcome is known and the result of that outcome. However, the future is uncertain, with Mr Trump becoming President of the USA in January 2017. Who knows how the currency markets will react, as to many that is as uncertain as Brexit.



Secure site


2016-02-14
We're now fully secure! What that means is that this site is now fully served over an encrypted connection, so you're safe



Mobile friendly


2015-03-08
We are now mobile friendly, so if you're visiting this site using a tablet, phone or other mobile device you should see a nicely formatted site. Let us know what you think!



Facebook Comments!


2012-10-07
We've added the ability to add your comments (via Facebook) to the front page. So if you have anything to say, please let us know or even other users of the site! If you're not keen on talking, just give us a like instead!



New 30 day history available


2012-06-16
We've just finished adding a 30-day exchange rate history, which we thought would be useful to see those trends with the American Dollar vs the British Pound. It will always show the last 30 rates we have available - since the rates are not updated on the weekend, this should normall show around 6-weeks of historic rate data. We hope you enjoy it!



Interesting facts about the dollar and pound


2012-06-10

We thought we'd keep it light today and post some interesting facts about the US dollar and British pound (or a combination of both)

1) Traders who trade currency often refer to trading the GBP/USD pair as the "Cable"
2) The British pound is also referred to as "the pound" or the "Great Britain Pound", although to be officially correct, you should call it "British Pound Sterling"
3) The British pound is the oldest currency still in us today, with its history going back to the 8th century, originating in the Kingdom of Mercia
4) In the early 60's, each and every person in the US had approximately $177 in cash in circulation, while just 30 years later, that amount now stands at around $1,062
5) Although it feels like paper, US bills are actually manufactured from a form of linen
6) Martha Washington (the wife of the very first American president, George Washington) is the only woman who has ever been depicted on a note when she appeared on the face of the $1 Silver Certificate of 1886 and 1891, together her appearance on the back of the $1 Silver Certificate issued in 1896
7) Many people think that $2 bills are worth more than $2 because of their rarity, however they are worth exactly $2
8) The dollar bills nickname, the "greenback", comes from the time of the Civil War, where Abraham Lincoln printed Demand Notes, which were printed in black and green on the reverse side.

And there you have it! Very interesting, don't you think?



Socialising


2012-05-21
For any of you reading this post, we'd love if you could increase the social presence of dollarstopounds.biz as it helps spread the word and get more people using our simple and easy to use converter. In addition, any feedback we receive from the social websites helps us add new features that people may be interested in seeing. So go ahead and click those buttons and tell your friends and family. Thanks!



Foreign exchange rates explanation


2012-04-14
One of the common questions we get asked at Dollars to pounds is why, when you buy your preferred currency, you never get exactly the rate quoted here and why it differs so much on a day to day basis. Well, there are several reasons for this, some of which are outlined on the home page. Firstly, the reason that the rate changes constantly and day to day is the foreign exchange markets are the most liquid markets globally. What this means is that there are many participants and buying and selling forex is easy and quick. This makes the market very liquid and therefore price movements happen constantly.

And the reason that the rate quoted here differs from the rate you actually receive? There are several aspects to this answer and it has to do with what's known as the spot rate, which is the rate quoted here. This rate is the middle point between the "bid" and "ask", which are typically 0.5% less and 0.5% more on either side of the spot rate. However, this rate is typically only available to large organisations and therefore you, as a consumer without access, will need to purchase forex, either in cash or via your credit card. This is where the banks typically make their money! For example, when you purchase cash from kiosk at the airport or a high street bank, they will typically charge anywhere from 2% to 4% above the spot rate, so it pays to shop around and ask what rate you are getting. Credit card companies also add between 0% (good!) and up to an eye-watering 4% on each purchase made in a foreign currency. Again, it pays to shop around - I highly recommend the MSE guide on cheap travel money for further information



New information sources


2012-03-22
We're now sourcing more information from multiple sources in the database, so the accuracy of the daily FX rates should be improved. As always, if you enjoy the site, tell your friends on Facebook, we'd appreciate it. Thanks!



Exhchange rate graph functionality added


2011-09-23
We've added additional functionality to the exchange rate graph - you can now zoom to 1 year or 3 months, or back at the orginal entire period



Site launch


2011-09-15
Welcome to Dollars to pounds. We hope you find the funtionality we've provided useful and simple to use and understand. If you have any ideas or comments, we'd love to hear from you.



We also source other common currency pairs ( see all )

US Dollar
USD
Euro
EUR
British Pound
GBP
US Dollar
1 USD
1.001.121.30
Inverse1.000.890.77
US Dollar
1 EUR
0.891.001.16
Inverse1.121.000.86
US Dollar
1 GBP
0.770.861.00
Inverse1.301.161.00

Last updated: 24 May 2017

Common exchange rates
Exchange Rate Graph