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Currency Converter – Forbes Advisor UK

To use our currency conversion calculator, all you need to do is input the amount you wish to convert, your starting currency and your ending currency to get an estimate based on current rates.

If you are converting from Pounds Sterling, you need to use the abbreviation GBP. This is the ‘ticker’ for the UK currency. Each currency has a ticker of its own, which you can find from the drop-down menus.

Our currency conversion calculator converts more than 200 currencies, and the rates are updated every five minutes. Among the currencies available, our calculator converts to euros (EUR), US dollars (USD) and Turkish Lira (TRY).

It also calculates the conversion value of various cryptocurrencies, such as Bitcoin (BTC) and Dogecoin (DOGE).

Disclaimer: Our currency calculator uses the Open Exchange API to gather current exchange rates. We pull new rates every 5 minutes to ensure that the conversion you see is accurate and up to date. However, the rate you here may not be the same rate that you are offered by a bank or other financial institution.

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How The Currency Conversion Calculator Works

Our currency conversion calculator uses the current exchange rate to determine how much your money is worth in a different currency. Since this value can fluctuate due to various economic conditions, it’s important to know the current exchange rate before converting your money. Here are some of the most popular conversions that our calculator supports:

  • Pound Sterling to Euro
  • Pound Sterling to US Dollar
  • Pound Sterling to Turkish Lira
  • Pound Sterling to Australian Dollar
  • Pound Sterling to Philippine Peso
  • Pound Sterling to Mexican Peso
  • Pound Sterling to Indian Rupee
  • Pound Sterling to Pakistan Rupee
  • Pound Sterling to Chinese Yuan Renminbi
  • Pound Sterling Brazilian Real
  • Pound Sterling to Jamaican Dollar
  • Pound Sterling to Dominican Peso

You can view the full list of currencies here. Keep in mind that the conversion provided here doesn’t consider any fees charged by the institution completing the exchange, whether it’s a bank, digital app or travel Kiosk.

How To Exchange Money

If you’re planning to exchange money for personal use, expert travelers will tell you not to use the Bureau de change at the airport – they tend to charge some of the highest fees and often have the worst exchange rates.

You are likely to get a better deal if you exchange ahead of time using your bank or the Post Office. There may be a walk-in service for popular currencies, or you can order in advance. You can then collect from a local branch or, in some cases, have the currency delivered to your home.

Instead, use a debit or credit card that boasts zero foreign transaction fees and select or ask for local currency to be used when you make your payment (if you’re given the option). You’re likely to get a better conversion rate from your card provider than from the local Merchant.

If you need cash while abroad, make an international withdrawal from an ATM, ideally using a card with no cash withdrawal fee. Bear in mind that you’ll be charged interest on a credit card cash withdrawals from the point of the transaction, regardless of whether you clear the balance within the interest-free period, so use a debit card if possible.

When Is The Best Time To Exchange Money?

Many factors can impact the value of the currency you’re planning to send or exchange, from economic events to the time of day.

If you’re not in a rush to exchange your currency, check the conversion value on a few different occasions before completing the transaction – you may be able to make your Sterling (in which currency) go further.

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