How many US Dollars will you get for your Pounds?
Buy US Dollars (USD) at ICICI Bank UK
- Attractive exchange rates
- Free home delivery on orders above £500
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Introduction to American Dollars
The American Dollar is one of the most widely recognised currencies in the world, with many countries in Africa, South America and even parts of Europe offering to take Dollars along with their local currency.
The country code for American Dollars is USD and the symbol that you will see when referring to this currency is the Dollar sign $.
The Dollar is divided, (like the Pound) into 100 smaller units called cents, and these have the symbol ¢. Some of the divisions of the Dollar include the ‘dime’, which refers to the 10¢ coin, the ‘nickel’, which means the 5¢ coin and the ‘quarter’, which is the 25¢ coin.
American Dollars exchange rate
The exchange rate that you will see published on websites and exchange bureaus is the amount of American Dollars you will get for one Pound. For example, if the exchange rate is 1.5, that means you will get one Dollar and fifty cents for every Pound you exchange.
The exchange rate is driven by numerous factors including demand, economics and politics, and changes continuously around the clock. Exchange bureaus can offer very different prices depending on when they last updated their exchange rate, which means it is important to check the current exchange rate against the rate you are being offered to ensure you are getting a competitive rate.
Buying American Dollars
When trying to buy American Dollars, as well as comparing the rate, there are a few other things you can do to get a competitive Pound to Dollar exchange rate.
Make sure you order your currency in advance. Buying foreign currency at the airport might mean that you do not get a competitive exchange rate. To improve the odds of getting a competitive rate consider comparing providers and ordering in advance over the internet or by phone.
Order American Dollars online
Ordering your Dollars online is one of the quickest and easiest ways to make sure you are getting a competitive American Dollar exchange rate.
Here at ICICI Bank, we aim to offer competitive rates for American Dollars so you get more for your money. We don’t charge any commission and send all currency out by next business day delivery if ordered before 2:30 p.m., ensuring you not only get a great rate on your exchange but also that you have your money in plenty of time for your trip.”
