Live Foreign Exchange Rates

Live currency rates enable you to track the value of a variety of currency pairings from around the world. · Learn more.

Live RatesCurrency Charts

The live exchange rates shown on this page are the ‘interbank’ exchange rates. These should be seen as an indication of the market and are therefore designed for informational purposes only. If nothing else, the fluctuations that can occur from one second to the other should help demonstrate the importance of employing currency risk mitigation strategies, if your business has dealings in foreign currencies.

Our team is on hand to answer any questions you might have relating to the live exchange rates between any given currency pairing. 2018 was certainly a year of political and economic uncertainty and that significantly impacted on currency volatility. 2019 has already shown a similar level of volatility, especially for pound sterling, and this trend looks set to continue for some time. Brexit related events in particular could impact on your company’s budget, margins and profits.

To find out more about how Smart Currency Business can help you realise your business growth ambitions, email info@smartcurrencybusiness.com or give one of our team a call on 020 7898 0500.

Currency Forecasts

Find out how we can help you

More About Live Rates

Economic Calendar (Summary)

Key data releases from institutions reflect the economic stability of a region; affecting market confidence and the value of that region’s currency, causing rate fluctuations.
Region
Event
Date
EU GDP growth rate QoQ 06/09/19
US Non Farm Payrolls 06/09/19
UK Balance of Trade for July 09/09/19
UK Suspension of UK Parliament begins  10/09/19
EU ECB Interest Rate Decision 12/09/19
US Federal Reserve Interest Rate Decision 18/09/19
UK Bank of England Interest Rate Decision 19/09/19
EU German Markit Manufacturing PMI 23/09/19
US Durable Goods Orders MoM 27/09/19
UK GDP Growth Rate Final Q2 30/09/19

World Interest Rates (Summary)

Central bank interest rates affect the currency markets and economic performance of a region, which are key factors that can cause exchange rate fluctuations.
Bank
Rate
Bank of England (GBP)
0.75%
Federal Reserve (USD)
2.25%
Swiss National Bank (CHF)
-0.75%
Bank of Canada (CAD)
1.75%
European Central Bank (EUR)
0.00%
Bank of Japan (JPY)
-0.10%
Reserve Bank of New Zealand (NZD)
1.00%
Reserve Bank of Australia (AUD)
1.00%
What is the importance of live foreign exchange rates?

Live foreign exchange rates show you the value of any given currency against any other given currency. In addition to providing you with the current rate, you can also see the intraday volatility of your chosen currency pairing, where the highest and lowest rates for the present day are shown.

Who are our currency rates intended for?

Anybody can access our currency rates, but they are particularly useful for UK SMEs with dealings in foreign currencies. If, for instance, you know you need to purchase £1 million of US dollars six months from now, the live rates will show you the current market price for those dollars. As the value of the pound fluctuates throughout the days and weeks, so too does the amount of dollars you will get for £1 million.

Where are are our exchange rates from?

The exchange rates shown are the ‘interbank’ exchange rates, which is the constantly fluctuating price at which banks trade currencies with each other. Importantly, the rates shown are almost always not the rate you can expect to achieve, as those purchasing currencies will have to pay a margin. Nevertheless, they are generally indicative of what you can expect.

Why are currency rates important?

As outlined above, it is essential that you can gauge some idea of the amount of one currency you can expect to receive by exchanging another. This can help companies budget correctly, as well as achieve the correct margins and profits. As the rate moves against you, it is essential that you ensure your budget accurately reflects these changes.

When is the information on this page generated?

The interbank rates shown are updated every few seconds to give you precise information as and when you require it. The rates are updated 24 hours a day, seven days a week (although it is worth mentioning that there will be less movement throughout the evenings for obvious reasons).

Forward Contracts

Forward contracts enable you to reserve a price for buying or selling currencies on a specific date in the future. They can be an important part of a company’s hedging toolkit.

Spot Contacts

Spot contracts are the most basic of all foreign exchange products available. They involve the purchasing or selling of currency for immediate settlement on the spot date.

Option Contracts

Foreign exchange options give businesses who hold an option the right, but not the obligation, to buy or sell currencies at an agreed exchange rate and date. They can protect you against adverse movements while allowing you to benefit from favourable moves.

Avoid the risk of profit erosion from fluctuating rates with Smart Currency Business products and services

Forward Contracts

Forwards

Forward contracts enable you to reserve a price for buying or selling currencies on a specific date in the future. They can be an important part of a company’s hedging toolkit. Read more

Spot Contracts

Spot Contracts

A spot contract is the most basic of all foreign exchange products available. It involves the purchasing or selling of currency for immediate settlement on the spot date. Read more

Option Contracts

options

Foreign exchange options give businesses who hold an option the right to buy or sell currencies at an agreed exchange rate and date should the exchange rates move against them. Read more