Exchange rates are an incredibly important part of many people’s daily work and personal life. Whether you need accurate exchange rates that are reliable every day because your work relies on it, or you just want to know the rate for a one-time exchange, sometimes it’s hard to find a simple and understandable source that presents them.
Many times you’ll find online sources of exchange rates that are difficult to use and understand. This can make you lose precious time that you need and cause unnecessary frustration. Other sources aren’t as reliable. Many people require the accurate Bank of England exchange rates for their financial activities. Even if you don’t really need the Bank of England exchange rates for a one-time exchange, the security in its accuracy is a good bonus even for a one-time user. Here is a short list of the websites you can visit to find accurate and user-friendly Bank of England exchange rates.
Currency Converter UK
Currency Converter UK is a great and user-friendly way to get daily UK exchange rates. Using the website is fairly straightforward. On the left of the website is a large box where you can choose the currencies you want to convert from two menus and a box to enter the amount. The website works practically instantly and you can open it, enter the number, and get the exchange rate in a few seconds.
Just because using the currency conversion is easy doesn’t mean that the website doesn’t have more complex and useful features. If you are a more serious user, you can get more functionality from the website easily. To the left of the currency converter, there are graphs that show the exchange rate for the past three months. Other functions include more straightforward currency converters, a tool for comparing different rates and a wealth of historical data and information.
BBC exchange rate
There is no source more classic and straightforward for the daily exchange rates than the BBC. When accessing the BBC exchange rate page, the design is incredibly simple and straightforward. Most of the screen is dominated by a large graph that shows the exchange rate over the past day, month, three months, one year, or five years. You can change between these graphs with a single click. The left of the screen is a large column in which the exchange rate is written in large, frankly impossible-to-miss text. There is a menu over the exchange rate that allows you to select which currency you would like to exchange to.
This is still the BBC website, so if you decide to scroll down from the main screen and into the text below, you will find an almost limitless wealth of information and articles related to the exchange rate and the financial sector in general. Each day, the website presents a short summary of the state of the exchange rate alongside useful information related to the currency. This can range from news about the policy, the actions of the parliament or even expert analysis on the changes to the market.
The Bank of England exchange rates
The Bank of England itself also publishes the exchange rates online. It is not as direct to use as the other options listed above needing you to click on a link for each exchange rate. The data presented is still fairly easy to understand though, and it has the added benefit of making it easier to get information on a large variety of currencies.
An added benefit of the Bank of England website is how authoritative and reliable it is as a source of information, and also the wealth of information available. The Bank of England hosts a large exchange rate database that provides any detailed information you need.
Looking for reliable resources of exchange rates can really be a chore. Especially when something important is riding on it. The process can get confusing and frustrating as the online resources can be unreliable or difficult to use. With these resources, you are guaranteed to get some of the most reliable possible resources on the internet that you can use with ease and peace of mind. Each of them has an added advantage that makes them very attractive for different uses, while still being effective for one-time use.