The real USD/GBP rate
The interbank (mid-market) rate as the basis; the ibani margin, from 0.40% to 0.15% depending on the amount, is shown separately.
USD → GBP · Real-time rateConvert US dollars
to pounds sterling (USD → GBP)
1 USD = 0.7437 GBP as of 23 October 2026 (indicative rate for an amount below the equivalent of CHF 10,000, ibani margin included; the rate applied is the one in effect when you place your order).
Change your US dollars (USD) into pounds sterling (GBP) at the real interbank rate, in real time. Ideal for your international transfers, payments in the United Kingdom or currency operations, with a margin from 0.40% to 0.15% and no hidden fees.
USD → GBPCurrency pair
Real timeMarket rate
0.15%Margin from
Simulate your transfer
No hidden fees1 USD = 0.7437 GBP Rate as of 23 October 2026
743.67
Estimated annual saving
—
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USD/GBP conversion at a glance
Convert US dollars to pounds sterling, at the fair rate
The essentials to change your USD into GBP with no nasty surprise on the rate or the fees.
A margin from 0.15%
Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.
Personal Swiss IBAN
Fund your account in dollars and receive your pounds sterling converted automatically.
A reliable Swiss partner
ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, a self-regulatory organisation recognised by FINMA.
What you really pay
USD → GBP: ibani, bank or exchange office?
On a 10'000 USD exchange, the margin applied to the rate makes all the difference to the amount received in pounds sterling.
| Criterion | ibani | Bank | Exchange office |
|---|---|---|---|
| Starting rate | Real interbank | "In-house" rate | "In-house" rate |
| Exchange margin | 0.40% | ~1.5 to 2% | Often > 2% |
| Transfer fees | 0 CHF | Variable | — |
| Estimated cost on 10'000 USD* | ~40 USD | ~180 USD | > 200 USD |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for a one-off exchange of 10'000 USD. See the details on our Rates page.
Rate trend
Live USD / GBP exchange rate
Follow the pair's trend to choose the right moment for your exchange.
| Indicator | 30 days | 90 days |
|---|---|---|
| High | 0.7575 | 0.7575 |
| Low | 0.7462 | 0.7323 |
| Average | 0.7537 | 0.7455 |
| Change | −0.74% | −0.44% |
European Central Bank reference rates, from 27 July to 22 October (90 days) and from 23 September to 22 October (30 days), 2026. Cross rates calculated via the euro. Excluding exchange margin: these figures are not directly comparable with the rate shown at the top of the page, which includes the ibani margin.
Conversion tables
How much is 1 USD worth in GBP (and vice versa)?
Indicative amounts, ibani margin included, continuously updated.
Indicative rate as of 23 October 2026, ibani margin included; the rate applied is the one in effect when you place your order.
How to convert
Your USD changed into GBP, in 3 steps
Create your ibani account for free
100% digital sign-up in 5 minutes, with no opening or account maintenance fees.
Fund your account in dollars
Top up your personal Swiss IBAN in USD from your bank, wherever you are.
Receive your pounds sterling at the real rate
ibani converts your USD into GBP at the market rate, plus a margin of 0.40% to 0.15% depending on the amount, and transfers the pounds to the destination account.
EUR
CHF
CAD
SGDMarkets · updated 19 October 2026
USD/GBP: what has moved in recent months
Seen from the United States, the dollar has gained against the euro since the end of the summer, but less clearly against the pound, supported by a Bank of England that stayed at 3.75% with three votes for a hike. One dollar is worth 0.7502 pound at the 19 October reference rate.
USDThe Fed raises rates unanimously
On 16 September 2026 the Federal Reserve raised the target range for the federal funds rate by 25 basis points, to 3.75%–4.00%, by twelve votes to none. US inflation came in at 3.7% year on year in September, and at 2.6% excluding food and energy. The dollar firmed: against the franc, it hit its 2026 high on 1 October, at 0.8353, and stood at 0.8250 at the 19 October reference rate, up 2.6% since 28 August. The next meeting is on 27 and 28 October 2026, then on 8 and 9 December.
GBPSterling at its strongest against the euro in sixteen months
On 17 September 2026 the Bank of England kept Bank Rate at 3.75% by six votes to three: Megan Greene, Catherine Mann and Huw Pill wanted to raise it to 4%. UK inflation rose back to 3.1% in August, from 2.9%; the September figure is published on 21 October. At the ECB reference rate of 19 October, EUR/GBP fell to 0.84205, its low for the year and its weakest level since June 2025. The next decision is on 5 November 2026, then on 17 December.
USD → GBP
What it means for you
The Fed, which raised its rates unanimously on 16 September, faces inflation of 3.7% in September. Its meeting on 27 and 28 October 2026 comes roughly a week before the Bank of England's: as long as both stay firm, the dollar lacks a clear engine against the pound.
ECB reference rate on 19 October 2026: 1 USD ≈ 0.7502 GBP (excluding margin). The rate shown at the top of the page includes the ibani margin; the converter shows the live rate.
Sources: Federal Reserve, statement of 16 September 2026 · Bureau of Labor Statistics, September consumer price index published 14 October 2026 · ECB, euro foreign exchange reference rates · Bank of England, monetary policy summary of 17 September 2026 · Office for National Statistics, August 2026 consumer price index.
General market information, compiled from the sources cited; it constitutes neither investment advice nor a forecast.
The economics of the pair
USD/GBP: the Fed versus the Bank of England
The rate between the US dollar (USD) and the pound sterling (GBP) links the two oldest financial centres in the world, Wall Street and the City of London. Its dynamics are dictated by the relationship between two central banks: the US Federal Reserve (Fed) and the Bank of England (BoE).
The main driver of the pair is the interest rate gap between the two institutions. When the Fed keeps rates higher than the BoE to contain inflation, the dollar tends to appreciate against the pound; conversely, a more restrictive tone from the Bank of England can support sterling. The dollar also benefits from its status as the world's reserve currency and a safe haven in times of tension.
The pound remains sensitive to the economic and political context of the United Kingdom. The pair has experienced strong shocks, from the Brexit referendum in 2016 to the episode of high volatility in autumn 2022. Releases on inflation, employment and growth on both sides of the Atlantic pace its movements day to day.
Read also: our guides on how to calculate an exchange rate and optimise your supplier payments.
Written by Brice Delhome.
Frequently asked questions
Frequently asked questions about USD/GBP exchange
There is no universal ideal moment. The USD/GBP rate moves continuously according to the monetary policy gap between the US Federal Reserve (Fed) and the Bank of England (BoE), economic releases and the markets' appetite for risk. Monitor the real interbank rate in real time and trigger your exchange at the moment that suits you.
The USD/GBP pair mainly reflects the interest rate gap between the Fed and the Bank of England, as well as the relative strength of the US and British economies. Inflation, employment, growth and the global risk climate also weigh in: the dollar plays a safe-haven role, while the pound remains sensitive to the economic and political context of the United Kingdom.
With ibani, you open a free account and get a personal Swiss IBAN. You fund your account in dollars (USD), ibani converts the sum into pounds sterling (GBP) at the real market rate, plus a margin of 0.40% to 0.15% depending on the amount, then transfers the funds to the destination bank account, with no hidden fees.
ibani applies a transparent margin from 0.40% to 0.15% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. It's up to 10× cheaper than a traditional bank. See the details on the Rates page.
Change your US dollars
to pounds sterling at the fair rate.
Get a personal Swiss IBAN, convert your USD into GBP at the real rate (+ margin from 0.15%) and transfer with no hidden fees. Free account opening, 100% digital, in 5 minutes.✓ Real interbank rate · ✓ Margin from 0.15% · ✓ 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 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).