Exchange Rates Explained

As the world’s foreign-exchange specialist, we are helping consumers to make things as simple as possible by developing this guide to exchange rates.

Travelex Best Rate

The Travelex Best Rate is our exclusive online exchange rate and only available when buying online from the Travelex website. These online rates are exclusive to our website and are not available in-store.

Why is this different to the rate I see on the news?

The rate you see on the news is the rate that banks or large financial institutions charge each other when trading significant amounts of foreign currency. It is not the tourist rate and you will not be able to buy currency at this rate, as you are buying relatively small amounts of foreign currency in comparison. In everyday life it is the same as the difference between wholesale and retail prices.

You can ensure you are getting a great deal with Travelex with our Online Price Promise. Some people claim they give you the cheapest foreign currency price - www.travelex.com offers you the lowest price and that is a promise!

Every day we check the exchange rates of a number of online retailers to ensure we give you the best overall price on your foreign currency for online orders delivered to your home– or we refund the difference – that’s the Online Price Promise.

And if you are buying in store, make sure you ask about our Value Pack options so you get even more for your US Dollar.

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