Compare travel money exchange rates

At eurochange we offer great exchange rates on over 70 travel money currencies, 365 days a year. Plus, you won't pay a penny in commission. We set our exchange rates every morning in line with market rates so you know you'll receive a transparent and fair rate. See how our exchange rates compare for our top 10 currencies below:

Compare our Rates*

*Comparison based on £400 of foreign currency

Last Updated 10th December 10:06 AM

Our Rate Post Office Thomas Cook Travelex
Euro 1.0948 1.08 1.089 1.085
US Dollar 1.2511 1.235 1.245 1.241
Australian Dollar 1.7202 1.694 1.709 1.711

Compare Our Rates

Comparison based on £400 of foreign currency

Last Updated 10th December 10:06 AM

  • Our Rate:Our Rate
  • Post Office:Post Office
  • Thomas Cook:Thomas Cook
  • Travelex:Travelex
  • :
  • :
  • Euro
  • Our Rate:1.0948
  • Post Office:1.08
  • Thomas Cook:1.089
  • Travelex:1.085
  • :
  • :
  • US Dollar
  • Our Rate:1.2511
  • Post Office:1.235
  • Thomas Cook:1.245
  • Travelex:1.241
  • :
  • :
  • Australian Dollar
  • Our Rate:1.7202
  • Post Office:1.694
  • Thomas Cook:1.709
  • Travelex:1.711
  • :
  • :

We've put together some tips below to help you know what to look for when comparing exchange rates and to get the best exchange ate on your travel money.

How exchange rates are calculated

Exchange rates are the rate at which one currency will be exchanged for another and regarded as the value of one country's currency vs another currency. Rates change daily and it is important to be aware that the rates quoted in the media are the interbank rates, known in the industry as the 'spot rate'. These rates are what the suppliers can buy the currency in at and will not be offered by any travel money suppliers. The retail rate you will see advertised by travel money providers will be lower than the spot rate as this will include the margin that the provider has applied to the currency.

At eurochange we set our exchange rates every morning in line with market rates, and we don’t adjust them throughout the day like many suppliers do. It also means that you know you'll receive a transparent and fair rate that reflects the real market price.

In short if the GBP strengthens against a currency the rate will go up and you will receive more for your money. Though if the GBP weakens the opposite will be the case.
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Watch out for commission

Foreign exchange providers are notorious for charging commission on transactions so make sure you ask first before you transact and check your receipt carefully. In fact our recent survey of travel money providers at UK airports showed that they all charged commission, charging an average of 5% (based on purchasing £100 worth of Euros).

Rest assured at eurochange we do not charge any commission.
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Avoid hidden charges

Rather than charging commission, other suppliers simply inflate their rates, charge ‘handling fees’, ‘admin’ fees or extremely high delivery costs. We’ve seen handling fees as high as £4.75, admin fees of £1.99 for orders under £100, and home delivery costs of between £7.00 and £10.00!

At eurochange we offer great rates 365 days a year, do not charge any admin or handling fees, and our delivery cost is a very reasonable £4.99 for orders below £400 and free for orders above.

We also don't penalise customers who want to order a low value of currency such as under £100 worth - many suppliers have a minimum order value of at least £100, we don’t.
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Be wary of comparison sites

Some comparison sites are a useful tool at giving a snap shot of foreign currency providers and their rates. Others only promote suppliers that they have a commercial relationship with. And some order suppliers by who is paying them the highest commission rather than the best exchange rate.

So be cautious when using comparison sites and remember that there are other factors you should consider too: Is the supplier you are thinking of using a reputable, established brand? Have a they got a good number of reviews and the feedback is good? Do they have conveniently located branches if you wish to collect your order, or a quick home delivery service? (Such as eurochange’s next working day delivery).
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Avoid the airports

For some, purchasing at the airport is what they're used to but that little extra convenience can cost big. Our recent survey of travel money providers at UK airports showed that you'd receive on average 20% more if you'd had bought £100 worth of Euros with us instead. That amounted to an extra €18.64 which would pay for a ticket to the top of the Eiffel Tower!

Using eurochange doesn’t have to be less convenient either, with branches across the UK and next day home delivery, free on orders over £400, why purchase at the airport?
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Knowing when to buy

A common question is “When is the best time to buy by Euros/US Dollars?” etc We are afraid that there is no simple answer to this one, but why not use our free Rate Watch tool to get free daily alerts on the rate of the currency of your choice and hopefully it will make your decision on when to purchase a little easier. Find out more
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