International money transfers at excellent exchange rates and great customer support.
In our FAQ section you can find answers to some questions you might have regarding our service.
Need to send money immediately? Want to wait until the exchange rate has improved? UKForex offers a range of options so you get the best deal.
UKForex specialises in offering corporate customers the exchange rates, risk management products and service usually reserved for large companies only.
Have the ability to offer a world class, online international payments solution to your staff members and customers.
Book and track your international money transfers all from the palm of your hand!
Free online currency calculator for over 50 currencies.
Compare up to five pairs of currency exchange rates. Get free charts, news and commentary.
Check out seasonal patterns, long term charts, raw data, period average exchange rates and much more.
View live currency exchange rates and charts for major currency pairs.
Check out the exchange rates our customers receive versus the interbank rate.
Get daily, in-depth currency analysis from Alex Edwards, Head of Corporate Desk at UKForex.
Weekly currency news recap and outlook on the week ahead.
The latest currency market news brought to you by Reuters.
Real-time economic calendar with upcoming events and data releases that can influence currency markets
A currency encyclopaedia, glossary of foreign exchange terms and key industry terms & acronyms.
With the U.S. election looming many expats are wondering: is this the right time to move my money?
The election may result in major volatility for the US dollar. Take steps to stay in control of your money.
Save money with UKForex with our excellent exchange rates and £0 fees.
The safety of your money is an important part of our business.
UKForex is regulated by the Financial Conduct Authority (FCA).
Transfer funds in over 50 currencies, from GBP to ZAR. Check our supported currencies list for the currency you need.
Watch this short video and see how easy it is to send money overseas.
Guide on how long your funds will take to arrive when using UKForex.
How we protect you and how to protect yourself
Since its launch in 2005, UKForex has grown to be one of the world’s largest international money transfer companies.
We are an innovative and dynamic business that offers unique opportunities to the right people.
Add a profitable revenue stream to your website or business by partnering with us. Thousands of websites are already doing it.
Read what our customers have to say about us.
Detailed information about our regulatory and legal environment.
Contact us 24 hours a day, 7 days a week.
Visit our Media Centre to read published articles and press releases.
Find answers to any query you might have regarding overseas money transfers in our FAQ section.
The very first dollar coins released in the United States came about after the introduction of the United States Mint which was founded in 1792. At the time, there were Spanish dollars, US silver dollars, Mexican silver pesos and various English coins all circulating throughout the US. Interestingly, the Spanish dollar and Mexican Peso remained legal tender in America until 1857.
In 1861, the very first $10 bills went out into circulation (featuring Abraham Lincoln). In 1862, due to the Civil War, paper money continued to be issued but without the backing of precious metals. This lasted until 1878 when the link between paper money and silver and gold coins was reinstated. In 1914, the first $10 Federal Reserve (the Fed) notes were issued.
After WWII, the US Dollar became the lynchpin of fixed exchange rates and the value of the US dollar was fixed to the price of gold at $35 per troy ounce. As the US held most of the world's gold, many other countries simply pegged the value of their currency to the value of the US Dollar.
This led to an extended period of relatively stable exchange rates. Nonetheless, rising US government spending and trade deficits caused speculation that the United States would not be able to maintain the Gold Standard, and led to the unilateral termination of the U.S. Dollar’s convertibility into gold by then-President Richard Nixon in 1971. The result of this termination...? The modern era of floating exchange rates.
The US Dollar is the most actively traded currency in the world, accounting for 84-85% of daily FX market trading volumes. It is also one of the world's most dominant reserve currencies, held by nearly every central bank in the world.
The US Dollar trades mostly trades against the Euro as the counter in the EUR/USD currency pair. In the FX market, this pair is known as Euro Dollar. The US Dollar also trades actively against the Japanese Yen, the British Pound and the Swiss Franc, as well as against the Aussie, Canadian and New Zealand Dollars.
A popular nickname for a US Dollar is a Buck, although the slang term Greenback is also used by as the reverse of US Dollar bills are printed in green. Within the United States, the local currency has various other nicknames, such as dough, bread, clams, green, smackers.. etc!
Currency Name: The United States Dollar
Currency Code: USD
Currency Symbol: $ or US$
Central Bank: The Federal Reserve Bank
Countries Used In: The United States, El Salvador, Panama and Ecuador
Major Unit: One U.S. Dollar
Minor Unit: One Penny or Cent = 1/100 of one U.S. Dollar
Note Denominations: $1, $2, $5, $10, $20, $50 and $100
Coin Denominations: 1¢, 5¢, 10¢, 25¢, 50¢ and $1
Send money overseas at better rates than the banks.
Internet Explorer 10
You are using Internet Explorer 10 and you are going to be redirected to a page that does not support Internet Explorer 10.
You will need to change you browser's compatibility mode as per the following link.
Cookies are small text files that are stored on an internet user's computer memory.
Cookies allow websites to respond to you as an individual by gathering and remembering information about your preferences. Without cookies, a website would not be able to keep track of what you did before and would treat you like a new visitor every time you browse to a different page.
It is important to note that cookies are not dangerous.
They are one of the most basic web technologies and are used by most websites.
These cookies enable services you have asked for and are critical to the functionality of the site. This information is not used for advertising on other sites.
These cookies collect anonymous information on the pages visited. This information is not used for advertising on other sites.
These cookies help us understand how customers are using our site and are only used to help improve our site experience. This information is not used for advertising on other sites.
These cookies share information about your browsing habits with 3rd parties to help make advertising relevant to you and your interests.
UKForex is rated 4.5 stars by Trustpilot based on 125 reviews.
IMPORTANT: Use of this website is subject to the Website Terms. Use of the Services of the UKForex Limited is subject to the Client Agreement. Nothing on this website constitutes or should be construed as financial advice. This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. UKForex Limited makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites.
UKForex is registered in England and Wales (company no. 04631395) with registered office at 1st Floor 85 Gracechurch Street, London EC3V 0AA.
DISCLAIMER: UKForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.
UKForex provides international money transfer services to individual clients and business customers. Use our free currency calculator, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.
UKForex is authorised by the Financial Conduct Authority (FRN: 521566) for the provision of payment services.