By using this website, you consent to the use of cookies in accordance with the CurrencyFair Cookie Policy. The interbank rate is essentially the rate at which banks exchange currencies with one another.

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Wikipedia refers to it as the. The banks can either deal with one another directly, or through electronic brokering platforms. As you can see above, using the Exchange doubles your chances of beating the interbank.

For a guide on how to give yourself the best chance, check out our Exchange Explained article. At time of writing 1. However your bank would probably only give you a rate in the region of 1. However with a CurrencyFair Auto-Transaction, you could get a lot closer to the interbank rate check out the current live rates here.

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Pretty impressive stuff, if we do say so ourselves! CurrencyFair Ltd is regulated by interbank rate euro to usd Central Bank of Ireland. CurrencyFair Ltd is a Corporate Authorised Representative No.

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Before acting on this general advice you should therefore consider the appropriateness of the advice having regard to your situation. We recommend you obtain independent financial, legal and taxation classification of stocks in the stock market before making any financial investment decision.

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