GBP → USD · Real-time rate

Convert pounds sterling
to dollars (GBP → USD)

Exchange your pounds sterling (GBP) into US dollars (USD) at the real interbank rate, in real time. Ideal for your international transfers, purchases and investments, with a margin from 0.40% and no hidden fees.

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GBP → USDCurrency pair
Real timeMarket rate
0.40%Margin from
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GBP/USD conversion in brief

Convert pounds sterling to dollars, at the right rate

The essentials for changing your GBP to USD with no nasty surprises on the rate or the fees.

The real GBP/USD rate

The interbank rate (mid-market), with no inflated margin hidden in the displayed rate.

A margin from 0.40%

Transparent and decreasing, up to 10× cheaper than a bank. No hidden fees.

Personal Swiss IBAN

Fund an IBAN in your name in pounds sterling, converted to dollars automatically.

A reliable Swiss partner

ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, recognised by FINMA.

What you really pay

GBP → USD: ibani, bank or exchange office ?

On a transfer of 10,000 GBP, the margin applied to the rate makes all the difference to the amount received.

CriterionibaniBankExchange office
Starting rateReal interbank“In-house” rate“In-house” rate
Exchange marginFrom 0.40%~1.5 to 2%Often > 2%
Transfer fees0 CHFVariable—
Estimated cost on 10,000 GBP*~40 GBP~175 GBP> 200 GBP
100% digital trackingYesPartialNo

*Indicative orders of magnitude for a transfer of 10,000 GBP converted to USD. See the details on our Pricing page.

Rate trend

GBP / USD exchange rate live

Follow the pair's trend to choose the right moment for your exchange.

Conversion tables

How much is 1 GBP in USD (and the reverse) ?

Indicative amounts, ibani margin included, updated continuously.

GBPUSD
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GBP 5—
GBP 10—
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GBP 100—
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GBP 1,000—
GBP 5,000—
GBP 10,000—
GBP 50,000—
USDGBP
USD 1—
USD 5—
USD 10—
USD 50—
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USD 1,000—
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How to convert

Your GBP changed into USD, in 3 steps

Create your ibani account for free

100% digital sign-up in 5 minutes, with no account opening or maintenance fees.

Get your personal Swiss IBAN

Fund it in pounds sterling (GBP) from your bank, at your own pace.

Receive your dollars at the real rate

ibani converts your GBP to USD at the market rate and transfers the dollars to the beneficiary account of your choice.

Other pairs

Convert other currencies

From pound sterling (GBP)
GBP EUR GBP CHF GBP CAD GBP SGD
To US dollar (USD)
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Markets · updated 28 August 2026

GBP/USD: what has moved in recent months

The pound hit a six-month high against the dollar in late August, helped by the greenback's slide after the US Treasury's 19 August announcement, before slipping back below 1.36 — to 1.3579 on 27 August. The fall in Brent then eased UK inflation expectations.

GBP

The Bank of England holds at 3.75%

On 30 July 2026 the Bank of England kept Bank Rate at 3.75% by six votes to three, the three dissenters arguing for a rise to 4.00%. UK inflation edged back up to 2.9% in July. In late August the pound hit a six-month high against the dollar before slipping back below 1.36: the fall in Brent eased inflation expectations and pushed the next expected hike out to 2027. The next decision is on 17 September 2026.

USD

The US Treasury cut the dollar's engine

The Federal Reserve held its policy rate in the 3.50%–3.75% range on 29 July 2026, on a tight nine-to-three vote. US inflation eased to 3.4% in July, core inflation to 2.5%, and retail sales fell for the first time in nine months. On 19 August the Treasury announced it was doubling its long-dated debt buybacks, from 2 to at least 4 billion dollars per operation, from 9 September to 4 November: the 30-year yield fell back to 5.196% after a nineteen-year high of 5.33%, and the dollar retreated against all its major counterparts.

GBP → USD

What it means for you

Both central banks are stuck: the Federal Reserve between 3.50% and 3.75% with three dissenters in favour of a hike, the Bank of England at 3.75% with three dissenters as well. The next appointments are 16 and 17 September 2026.

Benchmark on 28 August 2026: 1 GBP ≈ 1.3579 USD. The converter at the top of this page shows the live rate.

Sources: Bank of England, monetary policy summary of 30 July 2026 · Office for National Statistics, July 2026 consumer price index · Federal Reserve, statement of 29 July 2026 · Bureau of Labor Statistics, July consumer price index published 12 August 2026 · US Department of the Treasury, statement of 19 August 2026.

The economics of the pair

GBP/USD: the Bank of England versus the Fed

The rate between the pound sterling (GBP) and the US dollar (USD) — nicknamed the « Cable » on the markets — is one of the most traded currency pairs in the world. Its dynamics are driven by the relationship between two central banks: the Bank of England (BoE) and the US Federal Reserve (Fed).

When the Fed raises its rates faster than the BoE, the dollar tends to appreciate against the pound and GBP/USD falls. Conversely, tighter monetary policy in London, or renewed appetite for risk, supports the pound. Inflation, employment and growth releases on both sides of the Atlantic set the pace of daily movements.

Historical reference points: the pound was worth well above 2 dollars before the 2008 crisis, before falling durably after the 2016 Brexit referendum, until touching historic lows close to parity in late 2022. To choose your moment, follow the real rate live and our currency converter.

To go further, see our guides on how to buy currency for your business and optimise your supplier payments.

Written by Brice Delhome.

Frequently asked questions

Frequently asked questions about GBP/USD exchange

There is no universal ideal moment. The GBP/USD rate, nicknamed the « Cable », depends on the monetary policy gap between the Bank of England (BoE) and the US Federal Reserve (Fed), as well as the British and American economic context. Monitor the real rate continuously and trigger your exchange at the moment that suits you.

With ibani, you get a personal Swiss IBAN that you fund in pounds sterling (GBP). As soon as the funds are received, ibani converts them to US dollars (USD) at the real market rate and transfers them to the beneficiary account of your choice, with no hidden fees.

The GBP/USD rate reacts mainly to the interest rate decisions of the Bank of England and the Fed, to inflation, employment and growth releases on both sides of the Atlantic, as well as to the British political climate. An interest rate gap favourable to the pound tends to push GBP/USD up, and vice versa.

ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with the amount. There are no account opening or maintenance fees. Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees.

Change your pounds sterling
to dollars at the right rate.

Get a personal Swiss IBAN, convert your GBP to USD at the real rate and transfer with no hidden fees. Free account opening, 100% digital, in 5 minutes.
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✓ Real interbank rate  ·  ✓ Margin from 0.40%  ·  ✓ Affiliated with SO-FIT (SRO)

* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.

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Your money is handled with the utmost regulatory rigour.

ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and currency exchange operations to our name.

ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).