Compare our latest US dollar rates from top travel money providers and find the best deals for your holiday spending.
We're on a mission to improve the finances of the nation by helping you to spend wisely and save money
We're on a mission to improve the finances of the nation by helping you to spend wisely and save money
By Laura Rettie, Personal Finance Journalist.
When looking for travel money, you want to make sure you're getting the best deal. Discover the latest US Dollar exchange rates and get the best deal for your next trip.
The US dollar (USD) is the official currency of the United States, along with several other countries and territories, including:
You can order US dollars online from a number of different providers, either for delivery or collection.
Online providers often offer better exchange rates than on the high street or in airports.
Exchange rates can vary significantly between different providers, coupled with the fact that different providers will often charge additional fees, so it’s a good idea to compare providers to make sure you’re getting the best deal.
You will often get a better deal buying American dollars before you go on holiday. Alternatively, you could withdraw cash at ATMs once you arrive in America, but the cost of this will largely depend on your card provider's foreign transaction fees
However, if you don’t like travelling with large amounts of cash, you could consider a prepaid travel card or travel credit card instead. Travel cards will often give you a locked-in, competitive exchange rate.
It can be hard to estimate how much cash you will need for your holiday, and it's common to have leftover currency after a trip abroad. Luckily, many providers will now offer a buyback guarantee. This means that they will buy any leftover US dollars back at the same exchange rate you originally bought them at.
You can take any amount of USD or other foreign currency with you to America; however, any currency that totals over $10,000 needs to be declared, and you must file a report of international transportation of currency or monetary instruments. You can find more information about what you need to do if you wish to take over $10,000 to America on the US customs and border protection website.
The US dollar is made up of 100 cents. You can get coins in:
You can also come across 50-cent and one-dollar coins; however, it is rare to see them used as day-to-day tender.
US dollar notes are available in $1, $2, $5, $10, $20, $50 and $100.
The information provided does not constitute financial advice, it’s always important to do your own research to ensure a financial product is right for your circumstances. If you’re unsure you should contact an independent financial advisor.
You are able to buy travel money with a credit card, but exchanging currency is often treated like a cash withdrawal and so could end up being costly. It's usually better to buy currencies with a debit card.
You'll often find the best exchange rates when ordering currency online. Like with any online transaction, though, you do need to be careful. As long as you order from a reputable provider, buying currencies online is completely safe. It's a good idea to compare your options, read customer reviews and make sure you use a reliable service.