About these exchange rates
Conversions use live daily mid-market reference rates. These are the "true" rates you see on news sites banks and money-transfer services usually add a margin, so the amount you actually receive may be slightly lower.
Getting the best rate
- Compare the provider's rate to the mid-market rate shown here to spot hidden fees.
- Specialist transfer services often beat high-street banks for international transfers.
- Avoid airport and hotel exchange desks, which tend to have the widest margins.