If you are planning to visit the US for a holiday or you are looking to send money to the USA in the near future then you might be interested in tracking how the pound to US Dollar exchange has been doing over the last year.
Although, we are not anywhere near back to the same pounds to US Dollars exchange rates compared to ten years ago, when at one point before the financial crisis you could convert one GBP for two US Dollars, we are however starting to see some stability in recent months which is not only good for travelling to the USA for a holiday or if you are sending US Dollars as an international money transfer from the UK.
Pounds to US Dollar Exchange Rate Over The Last Ten Years from XE.com
Pounds to US Dollar Exchange Rate Over The Last Year from XE.com
As you can see the UD Dollar exchange rate over the last few months has stabilised compared to earlier in the year which is good timing for anyone looking to exchange pounds to US Dollars for their holiday to the USA.
As the UK and western economies start to stabilise after the financial crisis of 2008 and following the recent Greek Euro crisis this summer we are starting to see some potential opportunity of continuous stability now especially as the Chinese Central Bank has devalued its Chinese Yuan Currency to a three low against the US Dollar this month.
Although, China is not really known as a major tourist destination the World Travel and Tourism Council have predicted a 7.3% growth rate between 2014 and 2024 for Chinese tourism and China is in fact ranked with the USA as the two biggest Travel and Tourism economies in the world.
If you are tracking the pounds to US Dollar exchange rates for converting currency for your holiday to the USA then you might be interested in how best to exchange your travel money whether it just be US Dollars Currency Cash, US Dollars Currency Cards or just using your Bank Debit Card or Credit Card.
We have recently put together the following blog post called Pounds to US Dollars Exchange Rate Infographic Guide which highlights the value of US Dollars Currency Cash, US Dollars Currency Cards and using your Bank Debit Cards or Credit Cards whilst on holiday in the US. It explains the return you will get back on your money using each method of payment and as you can see US Dollars Currency Cash still provides you with the best overall monetary value.
If you are ready to compare the latest US Dollar Exchange Rate please use our currency comparison table to compare all the best travel money suppliers based in the UK and all the best US Dollar Currency Card suppliers based in the UK. However, if you are looking to Send Money to the USA please compare all our international money transfer suppliers in the UK to get the best US Dollar exchange rates online before you buy.