Consult an objective source to determine the current exchange rate from U.S. dollars to pounds sterling. Since 1999, one British pound has generally equaled $1.50 to $1.75. Fluctuations, however, are normal; the pound was valued at over $2 for a period in 2007, for example.
Contact your bank to see whether it will exchange currency, what rate it will give you and what fees it may charge. Your bank may waive its fees for persons who have accounts with them.
Contact a local international currency exchange to inquire what rate it gives and whether it imposes any associated fees.
Exchange your dollars into pounds sterling at the institution that will give you the best rate. Remember that the best rate for you is the one in which the smallest number of dollars is exchanged for the largest number of pounds sterling.
