covent garden travel exchange

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Experience.

Covent garden fx.

Monday: 10:00 AM - 05:00 PM

Tuesday: 10:00 AM - 05:00 PM

Wednesday: 10:00 AM - 05:00 PM

Thursday: 10:00 AM - 05:00 PM

Friday: 10:00 AM - 05:00 PM

Saturday: 10:00 AM - 04:00 PM

Sunday: 10:00 AM - 03:00 PM

Covent Garden FX is a small, independent, family-run bureau de change with a deep-rooted connection to the heart of the capital. Trading with loyal customers for over 20 years and developing an everlasting affinity with the city, Covent Garden FX has cemented themselves as a staple in the travel money sector.

Currently, Covent Garden FX offer travel money services by means of postal delivery, over the counter in their Covent Garden shop or by same-day London delivery to office addresses in the city of London. Covent Garden FX also buy your foreign currency from you, either inside the shop or by postal delivery, and help our customers with international money transfers.

With such an expansive range of services and a UK-wide reach, Covent Garden FX really do try to cater for everyone.

At Covent Garden FX, they strive to offer a premium foreign exchange service for everyone. With exceptional service and excellent rates in mind, shopping with them really is a no-brainer! As the premier London bureau, Covent Garden FX set the standard for foreign exchange transactions that simply won’t be matched anywhere else. Evolving from a meagre painted caravan to a fully integrated piece of the Jubilee Market Hall in the famous West End really showcases the uniquely beautiful journey that Covent Garden FX has experienced

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23 Best Currency Exchange In London 2024

If you’re visiting London, or if you’re a fully fledged Londoner, when you exchange your money, you want to make sure that you are getting the best currency exchange in London. Whether that’s from a traditional bureau de change, an ATM, or the bank.

After all, the less you spend on currency exchange, the more you have left to spend on your holidays! Or, the more money you have leftover at the end of your holiday. Exchange rates and fees will vary depending on the provider- but the good news is that there are currency exchange providers all over the city. Scroll on to find out list of the best 23 places to exchange your currency in London.

Page Contents

Where can you exchange money in London?

Bureau de change.

A bureau de change is a typical place to go where you can exchange foreign currency. It’s a business that makes money by buying foreign currency and selling it at a slightly higher exchange rate. It’s often the first place people will go to exchange money in London.

However, not all bureau de changes are made equal. Watch out for the kiosks in very central London locations, tourist hot-spots and airports. Try and avoid them if possible. Due to their convenient location, these kiosks will often charge high add-on fees. They are not the best currency exchange option, unless you need to exchange your money urgently.

If you have a bank account already, your bank will usually exchange money for you. It’s usually possible to order your foreign currency in advance, and then have this delivered to your home or your local bank branch.

However, the fees and rates involved can vary between banks. So do some thorough research before defaulting to this option, as you could end up paying over the odds to exchange your foreign currency.

Cash Point ATM

If you’re already in London and you’re visiting the city, you can of course withdraw GBP from the readily available ATMs. However, your bank will usually charge you for withdrawing cash from an ATM in a foreign country and currency with your debit card. You’ll usually be charged a fee, and you probably won’t get a very good exchange rate.

You can bypass this issue somewhat by using challenger bank cards like Monzo , Starling, or  Revolut , you can usually withdraw money at a foreign ATM (up to a certain amount) without incurring a currency exchange charge like you would in a standard bureau de change. However, in some instances, third party providers may charge a withdrawal fee and weekend fees may apply too, so check beforehand.

What is the cheapest way to exchange money in London UK?

The cheapest way to exchange money in London is to go to a commission free or 0% commission bureau de change outlet. There are plenty in Central London, but be sure to use a trusted and reputable firm.

You can check whether or not a provider is reputable, by making sure that they are properly licensed, with a valid MSB certificate issued by HMRC.

To make sure that you’re not paying over the odds for your currency exchange,  check the listed exchange rate vs the interbank exchange rate to understand the true cost of the currency you are exchanging. The difference in price will include some margin and exchange charge, but make sure that you are happy with the difference.

Alternatively, check out our list below of our top 23 best currency exchanges in London, to find your nearest reputable provider.

Which UK bank has the best foreign exchange rate?

Exchange rates at UK banks tend to vary depending on the amount of money that is being exchanged. For example, you may get better rates when exchanging more than £10,000- however, that is unlikely to apply to most holidaymakers. You can find a list of bank exchange rates here.

It’s worth mentioning that you would need to have an account with the bank you intend to exchange currency with, so it’s more of a case of whether your bank has a good foreign exchange rate or not. If not, you may wish to exchange currency with a bureau de change or similar.

Where can I get the best exchange rate in London?

To get the best exchange rate in London, you can use this  handy calculator  from Money Saving Expert. Enter the amount you would like to exchange, and the calculator will show you the result of the best place to exchange your money that day. It’s super easy!

And if you want to know which providers you can trust? The below table shows the most well known and reputable providers in the UK and London.

The best currency exchanges in London

It’s worth noting that depending on how much money you wish to exchange, sometimes the cost of making the journey to a specific location or bureau de change isn’t worth it for the small saving made. Of course, sometimes the saving is big and it’s totally worth it, but sometimes a long journey across London just isn’t worth it!

Thomas Exchange Global

Thomas Exchange Global has a fantastic reputation for commission-free currency exchange across the country. Click and collect is available, as is home delivery on foreign currency.

There are more than 12 branches across London, including several in central London locations which are extremely convenient. There’s no excuse for using the ultra-expensive, high commission alternatives when you have these branches available in key areas of the city. See their full list of branches here , with store highlights listed below.

1. The Strand

📍 402 The Strand, London, WC2R 0NE

2. Victoria

📍 141 Victoria Street London, SW1E 6RA

3. Vauxhall

📍 330 Vauxhall Bridge Road Victoria, London, SW1V 1AA

4. St Paul’s

📍 39 Ludgate Hill St Pauls, London, EC4M 7JN

Currency Online Group

Currency Online Group  is first and foremost an online currency exchange, but they do have one retail branch in Waterloo train station. However, they are closed at the weekend.

For your Monday-Friday needs however, they are an excellent choice, with outstanding Trustpilot ratings.

5. Waterloo Station

📍 Suite 1, The Concourse, Waterloo Station, Scott House, London SE1 7LY

Post Office

The Post Office is a popular choice when it comes to buying and exchanging currency in London. There are Post Offices absolutely everywhere in the city. It’s convenient, and it’s also 0% commission.

For the best rates, the Post Office say to order online, with improved rates on large amounts exchanged. That said, sometimes convenience is a huge factor in finding the right currency exchange, and we’ve listed some branches in top central London locations below.

6. The Strand

📍 QueensLand House, 393 Strand, London WC2R 0LT

📍 32A Grosvenor Street, London, W1K 4PA

8. Baker Street

📍 111 Baker Street, London, W1U 6SG

9. Old Street

📍 185-187   Old Street, London, EC1V 9NP

John Lewis Travel Money

Oxford Street is a tourist hub, and due to the shopping available, sometimes you need to exchange a little extra money. John Lewis is located centrally, and is a great commission free option for currency exchange in Central London.

10. Oxford Street

📍 300 Oxford St, London W1C 1DX

If you go to the south side of London Bridge, you will find an ACE-FX . This company operates with 0% commission and favourable exchange rates, this is a good option in the London Bridge area.

11. London Bridge

📍 London Bridge House, 5 London Bridge Walk, London SE1 2SX

Covent Garden FX

Covent Garden FX is a well known, family run business with a central location. It’s so well loved that it was actually nominated for a British Travel Award in 2023.

The exchange is conveniently located close by to several London landmarks such as St Paul’s, London Transport Museum, and Royal Opera House.

12. Covent Garden

📍 30, Jubilee Market Hall, London WC2E 8BE

Change Group

Change Group are experts when it comes to exchanging foreign currency in London, with more than 20 years of experience.

They boast several Central London locations, perhaps most notably Charing Cross Road, next to the entrance to Leicester Square station in the heart of the West End.

13. Leicester Square

📍 35 Charing Cross Rd, London WC2H 0AT, UK

14. Oxford Street

📍 271 Oxford Street London W1C 2DQ

15. The Strand

📍 97 Strand London WC2R 0EW

With more than 20 years in the business, Eurochange are another trusted and reputable currency exchange outlet with lots of locations across central London. Unlike some other exchanges, Eurochange also unique in that they also accept traveller’s cheques.

16. Liverpool Street

📍 Liverpool Street Station, Liverpool Street, London, EC2M 7PY

17. Paddington

📍 179 Praed Street, Paddington, London, W2 1RH

18. Westfield

📍 Unit 2131, Westfield, London, W12 7GF

Access Bureau

Access Bureau is a family run business, with 0% commission and no hidden fees. The business has two branches located near to busy London train stations. Open 7 days a week, they are a good choice for exchanging foreign currency near Liverpool Street and Victoria.

19. Liverpool Street

📍 57 Liverpool Street, London, UK, EC2M 7PR

20. Victoria Street

📍 201 Victoria Street, London, UK, SW1E 5NE

Victoria Street FX

Another currency exchange located next to Victoria station, Victoria Street FX is another good 0% commission option for exchanging foreign currency. On their website it states that preferential rates are given on ‘large transactions.’

The branch is open 7 days a week, and offers over 50 different currencies. Opt for click and collect to avoid disappointment.

21. Victoria Street

📍 185 Victoria St, London SW1E 5NE

Holiday Money Exchange

Holiday Money Exchange is another 0% commission provider located in Central London. On Tottenham Court Road, they are well placed if you are visiting Oxford Street and the surrounding areas.

This currency exchange was founded in 2019, and has already built a great reputation for customer service. The exchange also says that their rates beat the likes of the Post Office, High Street banks, and other high street bureau de changes.

22. Tottenham Court Road

📍 48 Tottenham Court Rd, London W1T 2EF

Sterling FX

Lastly, we have yet another 0% commission exchange that is based in Central London. Having been in operation for over 60 years, Sterling FX is another trusted outlet for foreign currency exchange.

23. Edgware Road

📍 105 Edgware Rd, Tyburnia, London W2 2HX

Is it better to exchange currency at the bank or a currency exchange?

When you exchange money at your bank, you are tied to their fees and exchange rates. You can’t ‘shop around’ and exchange your currency at a different bank.

Unless your bank has very favourable rates or perks, it would be prudent to look at alternative options. This could include your local Post Office, an affordable and reputable bureau de change, or a challenger bank such as Monzo .

Should I exchange money before going to London?

London is largely cashless- you can use contactless payment card for most transactions, travel on The Underground, and taxis.

However, for extra security you may wish to exchange some money before you travel to London so that you have some back-up cash in the cash of an emergency. Just make sure you do your research and get the best exchange rates in your hometown.

Can I exchange currency at the Post Office in London?

You can exchange currency at the Post Office in the UK and London. There are Post Office branches all over the city, however not all of them offer a currency exchange service. You can their list of branches here .

The Post Office is a trusted provider in the UK, and they offer more than 60 currencies. You can also get a travel card which operates like a pre-paid debit card to use foreign currency abroad.

Do you get a better exchange rate with Tesco Clubcard?

Yes, you do get a better exchange rate with a Tesco Clubcard. You’ll get Clubcard Prices on your travel money , which means you get a better rate than the standard rate that is advertised in-store or online on that given day.

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19 Of The Best Places to Exchange Currency in London

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If you’re visiting the city, make your money go further by using the best currency exchange in London .

A wise man once said: ‘Money makes the world go round.’

A trip to London embodies the entire truth of this statement.

If you’re planning a trip to the vibrant and diverse city of London , managing your currency exchange needs can significantly spice up your travel experience and make it stress-free too.

If you don’t want to be stranded on the streets with money that you can’t use, bookmark this post for your next trip to London.

London is home to a vast number of ‘Bureau de Change’ being a dynamic international financial hub and many of them offer the best exchange rates in Europe .

You’ll typically find them near Buckingham Palace Road or Leicester Square occupying commercial shops in close proximity to each other.

Thus, it’s easier for you to compare rates with opposite shops around.

Whether you’re a savvy traveller or a first-timer in the city, finding the right places to exchange currency can make a world of difference.

If you want the best exchange rate in London, we suggest doing your research first. Google is your friend!

Here are a few of our favourites based on personal experiences.

Factors to consider when exchanging currency

Exchange rates and fees

Bear in mind that just like many widely traded currencies, the Great Britain Pound (GBP) is a floating exchange rate.

This means the value of the currency is determined by the market position so fluctuations may affect the exchange rate (and subsequent fees).

Our insider tip for you is to time your exchange for when your country’s currency is stronger compared to the pound.

Try signing up for updates on international currency platforms like Wise.

They keep you updated so you can plan your travel in advance.

Research fair exchange rates and compare numbers

Traders who handle these exchange businesses often operate in the open market at a universal exchange rate.

The interbank rate or spot rate, is often the fairest exchange rate you can get from global markets.

Be careful to spot a markup and hidden fees in the exchange rate that the traders offer you, there’s a good chance that it is different from the normal rate in the open market.

You can easily monitor live mid-market rates through an online currency converter like Wise .

Stay away from airport and hotel currency exchanges

Unless you have absolutely no choice, hotel and airport currency exchanges do not offer the best rates.

The exchange rates at these locations are often increased since they are usually used in an emergency by visitors and travellers who need them on the spot.

Thus, they make higher commissions at your expense.

Instead, look out for foreign exchange bureaus, that offer ATM cash withdrawals including online orders at no commission fees.

A good example is Travelex and Gatwick Airport . Both offer 24-hour multi-currency prepaid cards at 0% commission. 

Spend all your GBP

You are most likely to lose money due to currency depreciation at home.

So, a great rule of thumb would be to spend everything before leaving. Better still, exchange what you need only and reserve the rest for your next London trip.

There is always a good excuse to return to London .

When you need to, here are our top favourite places to exchange foreign exchange currency in London.

Top Currency Exchange Places in London

If you hold an account with any of the major banks in London, you can easily exchange money there.

Most banks also provide you with the option of advance orders, home delivery, and pick-up at the branch.

Using your home bank also gets you a typically fair exchange rate.

These banks are usually in tourist hubs and are easily accessible to travellers.

Banks are subject to financial regulations and consumer laws which guarantee your safety and peace of mind with foreign currencies.

Several London banks offer a wide range of currencies for exchange.

This could be beneficial to you if you need to exchange multiple currencies at once.

Disadvantages

Banks often offer less competitive exchange rates and, in some cases, may charge higher fees for transactions.

Opening hours at London banks can be relatively short, especially on weekends and holidays. This means that you may not get GBP at your own convenience.

The wait times and long queues are another discouragement for most people, especially at busy branches.

Online currency exchange platforms may offer quicker and more streamlined transactions.

London banks with good exchange rates:

The following banks may be a good start for your foreign exchange business:

• Barclays Bank
• Lloyds Bank
• Royal Bank of Scotland (RBS)
• Nationwide Building Society

Exchange rates and fees vary between banks and specific branches in London.

So ask questions on the rates offered and make inquiries before making a currency exchange transaction.

ATM aka cashpoints

You can also withdraw pounds from ATMs using your credit card.

ATMs are called cash points in the UK, and while they are an alternative, they are far from convenient.

Amidst the array of choices you have, cash points may be an option, in case of an emergency.

However, they are not the best choice for good reasons:

• Using an ATM abroad incurs bank charges
• Charges are applied on foreign transactions
• Exchange rates are typically low

Post Offices

Savvy travellers and London locals use the Post Office for foreign currency exchange in London.

You can buy a travel money card online, load it with your required currency and have it delivered to your London hotel or Airbnb.  

A Post Office can be found in most high streets making them easily accessible to everyone who demands their services.

They offer almost 80 currency exchanges without any commission.

Specialized currency exchange providers

There are a good number of specialized currency exchange providers where you can get fair exchange rates in London.

These include:

Thomas Exchange

Thomas Exchange is a family-run business that has been exchanging currency for over 30 years.

They have branches all over London, including in central locations like Piccadilly Circus, Leicester Square, and Oxford Street.

Thomas Exchange offers competitive rates and excellent customer service.

Thomas also offers a range of other services, such as foreign currency travel insurance and money transfers.

Covent Garden FX

30 Jubilee Market Hall Covent Garden London WC2E 8B

Another family-owned foreign exchange business, this place promises some of the best rates in the market for any currency exchange.

A short walk from St. Paul’s Cathedral, London Transport Museum, and the Royal Opera House

Moneycorp is one of the largest and most experienced foreign exchange businesses.

It is the second-largest foreign exchange broker in the United Kingdom and claims to beat bank exchange rates.

Moneycorp isn’t very clear on its commission fees, though.

Access Bureau

• 57 Liverpool Street, London, EC2M 7PR
• 201 Victoria Street, London, SW1E 5NE

A walking distance from Buckingham Palace, Victoria Palace Theatre, and Victoria Station, with over 20 years experience in the currency exchange business.

Victoria Street FX

185 Victoria Street, London SW1E 5NE

A short walk from Buckingham Palace, Victoria Palace Theatre, and Victoria Station.

Travelex is one of the largest currency exchange companies in the world.

They have branches all over London, including in airports, train stations, and shopping malls.

Travelex offers competitive rates and a wide range of currencies.

They also offer foreign currency travel insurance and money transfers.

Tips for Exchanging Currency in London

Here are a few tips for exchanging currency in London:

• Compare rates and fees before you exchange currency
• Exchange currency at a reputable establishment that’s regulated by the Financial Conduct Authority
• Be sure to get a receipt for your exchange
• Keep your exchange receipt safe in case you need to exchange your currency back at a later date.

Exchanging currency can be a daunting task, but it doesn’t have to be.

By following the tips above, you can find the best place to exchange currency in London and get the best possible rate.

For more insider tips on living like a local in London, join our mailing list .

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Reviews 5.0.

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Very efficient and trustworthy service

Very efficient and trustworthy service. Juliana was very responsive and funds were paid to us in time.

Date of experience : 23 April 2024

Best rate for Euro

Best rate for Euro and brilliant service, delivered next day before 11am. All queries were answered immediately. Would definitely recommend and use again. Thanks

Date of experience : 21 February 2024

Best currency exchange in London

Always have the best rates online, which update frequently so you know you're getting the most up to minute deal. Fuss free service regardless of whether you order online to collect at the store or home delivery! I have been going to these guys since around 2009 and would never use anywhere else. That's how great they are!

Date of experience : 16 August 2023

EXCELLENT ALL ROUND SERVICE!

This was my first time of using CG FX and it was a very happy experience! Good £sterling to euro exchange rate, easy to order and pay for online and quick dispatch/safe receipt. Will use again, thanks!

Date of experience : 20 February 2024

First Class Service.

Used for the first time. Straight forward, excellent rate, with no hidden charges - you get what it says in the adverts. One tiny thing - too many large denominations, making day to day transactions sometimes slightly embarrassing - 50 Euro note for a pint! Will most certainly use again.

Date of experience : 18 January 2022

Consistently excellent service and…

Consistently excellent service and highly competetive rates -far better than on the High Street or the big supermarkets. Plan in advance rather than leaving it until the last minute and your cash will arrive next day or the day after at the lstest by Royal Mail Special Delivery. Tracking service is good too.

Date of experience : 04 May 2023

Would definitely use again

The best rate online at the time and very efficient service. They responded to ID requirements over email almost by return and once payment was received offered to send the currency out sooner than I had originally requested if I wished. I am always wary of sending large sums to an unknown quantity via bank transfer, but I did some research prior and had no issues with the transaction. Perfect.

Date of experience : 23 May 2023

Reply from Covent Garden FX

Thank you so much for the lovely review and really glad you liked the service. Take care! Sam and all the family at Coventgardenfx

Great service

Easy online ordering process. Prompt email confirmation with clear guidance on process. Email subsequently received confirming dispatch with Royal Mail tracking details. Money delivered bang on schedule. This was my first time using Covent Garden FX for my holiday money. I researched and they offered the best exchange rate. I will definitely use them again.

Date of experience : 27 January 2022

Thank you so much Angela! Really pleased you liked the service and we hope you have a lovely time wherever you're going. Take care. Sam and all the family at Coventgardenfx

Second time using Covent Garden FX

I tried Covent Garden FX for the first time in January and they were brilliant. So I ordered some euros again this week and the service and exchange rate was just as good. I had to delay delivery by one day and just emailed Sam and his team. Not a problem and a Saturday delivery at no extra charge. I will use them again guaranteed. Once again thanks to all for an excellent service.

Date of experience : 03 February 2024

Don't go anywhere else

I saved £235.00 compared to the Post Office buy back rate when I used Covent Garden FX to sell back 2910 EUROs! I paid just £14 to send it via Royal Mail Special Delivery which included insurance for the full amount. Covent Garden FX sent me an email to say they had received the Euro's I had sent them, from my posting at 11am to the money being in my current account took just 23 hours - amazing service.

Date of experience : 07 December 2021

First class service

First time I've used them. Posted 450 euros to them on Wednesday, had an email to say they'd received the cash at 12 noon the next day and they'd transferred the sterling amount into my account within 2 hours. Excellent exchange rate, far superior to high street banks. What's not to like about Covent Garden FX?

Date of experience : 22 September 2016

Excellent Service From Start To Finish !!!

It's the first time I've ordered currency on-line so was a little concerned about ordering 'cash' through the post! However, it couldn't have been any easier! Covent Garden FX offered the best rate I could find, kept me informed by e-mail at each step, and the currency arrived on the specified date without any issues (in fact it arrived by 9:15 in the morning so I didn't have to wait in for the Postman!) A good mix of notes and I am happy to recommend without hesitation.

Date of experience : 15 July 2022

SIMPLY THE BEST!!!!

I WAS VERY WARY OF ORDERING CURRENCY ONLINE AND PAYING BY BANK TRANSFER BUT SAM PUT MY MIND AT EASE AND TALKED ME THROUGH THE PROCEDURE THEY WEREN’T QUITE THE BEST RATE ONLINE BUT I FEEL SURE THEY ARE ONE OF THE BEST ( IF NOT THE BEST) TO ORDER FROM THEY DONT CHARGE EXTRA FOR ORDERING A SECOND CURRENCY OF A LOW DENOMINATION TOO CURRENCY CAME RIGHT ON TIME - EARLY MORNING THANK YOU SO MUCH COVENT GARDEN & SAM WILL DEFINITELY BE USING YOU AGAIN SOON

Date of experience : 11 April 2023

Thank you so much Anne, you were a lovely customer and we really appreciate you taking the time to write this. Take care. Covent Garden FX

Great euro rate and fantastic service

Just about to transfer euros to my French bank account, when I saw the dismal rate and £9.50 charge my personal bank account was levying and thought NO, Googled providers and up come Covent Garden Fx. They say order in morning for delivery next day (Monday to Friday). That's exactly what I did. Easy ordering system, immediate email response and dispatch. Delivery following morning. They delivered a fantastic service exactly what they promised. Strongly recommend, evident a family run business, I will spread the word. C Harrison

Date of experience : 15 July 2017

Well dome Covent Garden FX

Have dealt with the family-run Covent Garden FX whenever we've needed foreign currency and have always been impressed by their prompt, friendly and efficient service. Their rates are generally at the top end or above the rest. Thank you and well done Covent Garden FX team. Geoff, Cheam

Date of experience : 06 February 2020

THE BEST EXCHANGE UNIT ON THE NET

Recently needed a large amount of Euros to take with me to another country, found Covent Garden FX on line A little bit concerned that you have to send your credit before you receive your funds by special delivery but i spoke to Mark a few times and he was brilliant, yes i did receive the best rate and on time without issue Thank you very much Mark and the team @ CGFX Would use again and recommend highly to friends and family

Date of experience : 25 June 2022

Thank you so much for an awesome …service.

Thank you so much for an awesome service. We got one of the best rates around, with super fast delivery. The best part, was the very reassuring communication, with everything we needed to know, from ordering, through to delivery. Covent Garden FX will be our first stop the next time we need foreign currency.

Date of experience : 07 May 2017

Brilliant customer service and great…

Brilliant customer service and great rates. will definitely be using them again..first time ordering online for delivery so was a little nervous but was great. There was an issue with Royal Mail but they called me let me know what was happening and currency arrived on time..

Date of experience : 21 July 2022

Covent Garden FX I would recommend to anyone.

Ordered my travel money, US Dollars, on Tuesday morning, received from the postman Wednesday morning. It was so easy, I placed order then bank transferred the money and received holiday money next day. The other bonus was the exchange rate was better than any one else at the time of purchase. Simply could not have found it any easier and will definitely use them again.

Date of experience : 14 December 2016

Always great rates and convenient

This is where I always go whenever I have a lot of euros/pounds to exchange. The other main advantage for me is that its just across the road from a branch of NatWest, so I am able to deposit my funds instantly into my account without having to traipse round London with large wads of cash and risk being mugged or pickpocketed. Beware that even in current Covid -19 circumstances there are light-fingered rogues still hanging around the Covent Garden and Leicester Square areas.

Date of experience : 23 October 2020

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Reviews 5.0.

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Fast and Reliable

I use Covent Garden FX every time I need foreign cash. I was a little wary at first of using an online company but, having used them once and found them fast, efficient, friendly and helpful if you need to phone, then I won't go anywhere else. With consistently good rates they are my go-to currency providers.

Date of experience : June 13, 2019

Great Service

I had some rands to change back into pounds and having read the reviews decided to use Covent Garden FX. The whole process went very smoothly. I registered on a Monday, got quick confirmation with a good exchange rate and posted the money via the secure, next day delivery Post Office system. It arrived at Covent Garden the next morning, Tuesday, and I received an email confirmation. The cash was paid into my bank account on Wednesday. Brilliant, would not hesitate to recommend based on this experience.

Date of experience : November 24, 2016

Highly recommended company

Highly recommended company. I've used this company 3-4 times and each time they have provided the best exchange rates on various currencies. One occasion I mistakenly requested the money to be sent to my home address instead or my works address. A quick phone call to their office and everything was sorted quickly and hassle free.

Date of experience : August 07, 2018

Absolutely Brilliant

This was the first time we'd used Covent Garden FX, we were recommended by a friend and as with everything online, especially high value transactions, there's always an element of concern the first time you use them. But I can honestly say we'll use these again. They were by fair the best rate on the market and the customer service was brilliant. Special thanks to Victoria who was lovely when I rang to discuss my order. We got email confirmations at every step, and the order arrived on the day requested. Perfect!

Date of experience : March 21, 2017

Reply from Covent Garden FX

Thank you Laura. Victoria is currently spending some hard earned Euros on her Holiday probably in a shoe shop so i will pass this message on to her when she gets back. Thank you so much for taking the time to leave a review, Sam and all the team at Coventgardenfx

Service was exactly as promised…

Service was exactly as promised except that the money was in my account within 24 hours rather than 48. Communication was good too, with a prompt email confirming receipt of the cash I sent through the post. Changing US$1000 to UK£ their rate was £70 better than anything I could get locally. Highly recommended.

Date of experience : March 26, 2018

Somewhat dubious about sending money by post (special delivery) but needn't have worried one bit. My Euros (buy back) were received on 20/09/16 and money was in my account later that same day. Absolutely excellent service, well pleased.

Date of experience : September 23, 2016

Easy, Quick & top rated customer service

Bought online with ease and great for selecting delivery date to suit. Few simple details and pay!! simple. Had to change delivery date after order so phone shop, attitude was first class, polite and nothing seemed like a bother and was happy to accommodate. A business that has obviously realised without great customer service they won't have customer. Certainly a service I would come back to in the future. Currency arrived a.m. of request morning with no problems at all.

Date of experience : August 25, 2017

I have used CG Exchange many times but…

I have used CG Exchange many times but recently disappointed to be told the in person day rate is significantly less than online quoted surely the rate is fixed for that day. Next time will save by buying locally.

Date of experience : May 14, 2022

Superb Service both buying and selling back - faultles efficiency 5 Star Service

Got $3000 dollars from Covent Garden FX, it arrived quickly and efficiently, as it happens we lost our holiday so could not use the cash, these guys bought it all back no trouble and as the rate had altered I got back a little more than it cost. Not sure how much I will recover on my holiday but if everybody was like these guys it would not be a worry. I cannot recommend this service enough and I am not an easy guy to please - Many Thanks Covent Garden FX great service

Date of experience : March 18, 2020

Masters of customer service .…

Once again Covent Garden FX come to the rescue , a super efficient team they are . I forgot to place the order , but rang up to say it had not arrived how stupid is that . A phone call on Wednesday morning to Sam and Rebecca put that right it is 10.30 on Friday morning now and it has just been delivered . Brilliant service , thank you again . Graham Willows , Norfolk .

Date of experience : August 24, 2018

Our pleasure Graham and we're glad you got a better rate, worked out in the end and thank you for the review, it's much appreciated! Look after yourself and have a safe trip! Sam and Rebecca

First class service

An excellent service. Will certainly use them again. Very helpful people who made light of some difficulty we were having in completing our order. Money arrived just as we were informed it would.

Date of experience : October 05, 2021

Sent in my money via Special Delivery at noon on Monday, money in the bank by lunchtime on Tuesday. Superb service! Exchange rate was 2.5% better than anywhere else too, so saved me some serious money given the large order. Thanks!

Date of experience : August 23, 2016

Best exchange in the UK

Initial contact was over the phone with the extremely helpful and cheerful Victoria . The rate was the best in the UK on the day it usually is . Have used Covent Garden before and this time the service was as good as ever , never a problem with this wonderful family business . Currency arrived earlier than expected ,we're on holiday from now !

Date of experience : February 03, 2017

Have a great time Graham and thank you for the comments regarding Victoria, i will make sure she sees this! Sam and all the team at Coventgardenfx

Have been using Covent Garden FX for…

Have been using Covent Garden FX for 10+ years now. Was very wary of ordering currency online initially but having spoken to Sam before placing my first order I felt very reassured and went ahead with my first order. Your money comes when they say it will so that is a bonus. Wouldn't use anyone else. Keep up the good work folks.

Date of experience : April 26, 2023

Brilliant customer service.

The first time ordering online I was a little nervous but all went well and now I use them every time I need currency all due to their great rates and brilliant customer service. They are so caring - I forgot to collect my recent order and they called to make sure I was ok !!

Date of experience : March 14, 2023

Brilliant service

Used currency buy back, sold 4 different currencies. Don't hesitate to use this company. Quick, professional, quoted price when placed order..received money in bank in 2 days. Thanks Mark.

Date of experience : November 02, 2016

Thank you Sarah and i will make sure Mark sees this. All the best, Sam

First timers…

This was a first experience to use a currency exchanger other than John Lewis or other face-to-face transaction. Once I'd made the decision I registered to Covent Garden FX who had great reviews and I am very glad I did so. I called after registering a request and spoke to Victoria who was informative, helpful, friendly and thoroughly professional.This put my mind at ease. I had a far better rate than I would have had elsewhere and everything went smoothly from start to finish and instructions were very clear via the confirmation email and our euros arrived bang on time. Thoroughly recommend this service and I certainly will again in the near future.

Date of experience : June 08, 2021

Great company

We have been buying our currency from your company for years and we wouldn't go anywhere else. Great rates, wonderful service and a very helpful company. Would recommend your company to everyone. Thanks

Date of experience : August 23, 2023

Fast, efficient, simple

472 dollars posted 5pm Monday; £6.45 Special Delivery. Email acknowledgement from CGFX on Tuesday. Agreed Stirling amount in bank on Wednesday afternoon. First use of this company. Simple website, impressed with service. Would use again and recommend to friends and family.

Date of experience : October 19, 2016

Thank you very much Michael, glad we could get you a good rate back on your Dollars, All the best, Sam and everyone at Coventgardenfx

Perfect Service from Sam and Mark

Sam Newbury and Mark at Covent Garden FX were exceptional when it came to customer service. I asked for smaller denominations and they were more than happy to help me, absolutely perfect! Nothing was a problem for either of them. Will definitely use Covent Garden FX again

Date of experience : March 18, 2022

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Get the best euro exchange rate

Compare the latest euro exchange rates from the UK's best currency providers

Best euro exchange rate

Over 340 million people use the euro every day according to the European Central Bank, making it the second most-traded currency in the world after US dollars. Twenty out of 27 EU Member States have adopted the euro as their official currency, and euros are used officially and unofficially in many non-EU countries and territories throughout Europe such as Monaco, San Marino, and Vatican City.

If you're travelling to Europe, it's important to shop around and compare currency suppliers to maximise your chances of getting a good deal. We can help you to find the best euro exchange rate by comparing a wide range of UK travel money suppliers who have euros in stock and ready to order online now. Our comparisons automatically factor in all costs and commission, so all you need to do is tell us how much you want to spend and we'll show you the top suppliers who fit the bill.

Compare before you buy

Some of the best travel money deals are only available when you buy online. By using a comparison site, you're more likely to see the full range of deals on offer and get the best rate.

Order online

Always place your order online, even if you plan to collect your currency in person. Most supermarkets and high street currency suppliers offer better exchange rates if you order online beforehand.

Combine orders

If you're travelling with others, consider placing one large currency order instead of buying individually. Many currency suppliers offer enhanced rates that improve as you order more.

The best euro exchange rate right now is 1.1558 from Travel FX . This is based on a comparison of 17 currency suppliers and assumes you were buying £750 worth of euros for home delivery.

The best euro exchange rates are usually offered by online travel money companies who have lower operating costs than traditional 'bricks and mortar' stores, and can therefore offer better currency deals than their high street counterparts.

For supermarkets and companies who sell travel money online and on the high street, it's generally cheaper to place your order online and collect it from the store rather than turning up out of the blue and ordering over the counter. Many stores set their 'walk-in' exchange rates lower than their online rates because they can. By ordering online you're guaranteed to get the online rate and you can collect your order from the store as usual.

Euro rate trend

Over the past 30 days, the Euro rate is up 0.32% from 1.1558 on 28 Apr to 1.1595 today. This means one pound will buy more Euros today than it would have a month ago. Right now, £750 is worth approximately €869.63 which is €2.78 more than you'd have got on 28 Apr.

These are the average Euro rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our British pound to Euro currency chart .

Timing is key if you want to maximise your euros, but the best time to buy will depend on the current market conditions and your personal travel plans.

If you have a fixed travel date, you should start to monitor the euro rates as soon as possible in the period leading up to your departure so that you've got time to buy when the rate is looking favourable. For example, if the euro rate has been steadily increasing over several weeks or months, it could be a good time to buy while the rate is high.

Some people prefer to buy half of their euros as soon as they've booked their holiday, and the remaining half just before they depart. This can be a good way of maximising your holiday money if the exchange rate continues to rise after you've bought, but will also help to minimise your losses if the rate drops.

You could also consider signing up to our newsletter and we'll email the latest rates to you each month.

If you need your euros sooner and don't have time to wait for the rates to improve, you can still save money by comparing rates from a range of different providers before you buy. Online travel money suppliers usually have better euro rates than high street exchanges, but supermarkets are a good compromise if you want to collect your currency in person and still get a decent rate. Just remember to buy or reserve your euros first before you collect them from the store so you benefit from the supplier's better online rate.

Euro banknotes and coins

Euros are governed and issued by the European Central Bank which is based in Frankfurt, but the actual production of euro banknotes and coins is handled by various national banks throughout the Eurozone. Spain and Greece are responsible for printing €5 and €10 banknotes, Germany prints €100 notes, and the other EU member states are responsible for printing €20 and €50 notes.

One euro (€) can be subdivided into 100 cents (c). There are seven denominations of euro banknotes in circulation: €5, €10, €20, €50 and €100 which are frequently used, plus €200 and €500 notes which are no longer printed but are still in circulation and remain legal tender. The designs printed on each banknote are intended to be symbolic of the European Union's identity and unity, as well as highlighting the diversity and richness of different European cultures. The front of each banknote features architectural styles from different periods in Europe's history, including Classical, Gothic, Renaissance and modern, while the reverse side features bridges that represent communication and cooperation between the different countries within the European Union.

Euro coins are available in eight denominations: 1c, 2c, 5c, 10c, 20c, 50c, €1 and €2. Each EU member state is responsible for minting its own coins, and can choose their own design for the 'tails' side. For example, German coins feature the 'Bundesadler' or Federal Eagle which has been the German coat of arms since 1950, while French coins depict Marianne; an important symbol of French national identity. Next time you've got a handful of euro coins, take a look at the tails side and see if you can guess which EU country they came from!

There's no evidence to suggest that you'll get a better deal if you buy your euros in Europe. While there may be better exchange rates available in some locations, your options for shopping around may be limited once you arrive, and there's no guarantee the exchange rates will be any better than they are in the UK.

Exchange rates aside, here are some other reasons to avoid buying your euros in Europe:

• You may have to pay commission or other hidden fees to a currency exchange that you wouldn't have paid in the UK
• Your bank may charge you a foreign transaction fee if you use it to buy euros when you're abroad
• It can be harder to spot scammers and fraudulent currency exchanges in Europe

Lastly, it can be handy to have some cash on you when you arrive at your destination so you can pay for any immediate expenses like food, transport and tips. You don't want to be searching for the nearest currency exchange when you've just landed and you're desperate for a cup of tea - or a cocktail!

Twenty out of 27 EU member states have adoped the euro as their official currency. These are: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.

The following European countries and territories who are not part of the EU also use the euro as their official currency: Andorra, Kosovo, Monaco, Montenegro, San Marino and Vatican City, French Guiana and Martinique, the Azores, Canary Islands, and Madeira.

Tips for saving money while visiting Europe

The most budget-friendly destinations in Europe are generally those located in the east such as Latvia, Lithuania and Estonia. In contrast: Luxembourg, Ireland and France usually top the list as some of the most expensive holiday destinations. Regardless of where you're planning to visit, you can save money during your trip by following some simple tips:

• Research your accommodation: Hotels can be expensive, so one way of saving money is to look for more budget-friendly accommodation such as hostels, holiday rentals, or even campsites. AirBnB can be an affordable option too, especially if you rent a room instead of an entire apartment; and you'll get to experience what it's like to live like a local. Salud!
• Use public transport: Make the most of any metro systems, buses, or trams to get around instead of relying on private taxis or rental cars. Many European countries also offer national and regional travel passes for public transport which can work out significantly cheaper than buying individual tickets.
• Eat like a local: Opt for local restaurants or street food vendors that offer authentic cuisine at lower prices. Avoid dining at expensive tourist restaurants, and try cooking your own meals if your accommodation has a kitchen. Not only is this a great way to save money, but it can also be a fun cultural experience to shop around in European supermarkets and cook with local ingredients.
• Plan your itinerary: Look out for free attractions such as museums, parks, churches and historical sites, and plan your itinerary around these. Many cities in Europe also offer free walking tours which can be a great way to get an overview of a new location while learning about its culture and history.
• Find discount vouchers: Many tourist attractions and activities offer discount vouchers and codes that can save you money on entry fees and other perks. Look for vouchers online; sign up to newsletters and follow the social media accounts of places you're planning to visit.
• Take cash: Using cash will help you to stick to a budget more easily than paying by card, and you'll also avoid foreign transaction fees. If you do take a card with you, look out for ATMs that are affiliated with your UK bank to avoid ATM fees, and if you're asked whether you want to pay in pounds or euros - always choose euros. If you pay in pounds the merchant can set their own exchange rate which won't be in your favour.

Choosing the right payment method

Sending money to a company you might not have heard of before can be unsettling. We routinely check all the companies that feature in our comparisons to make sure they meet our strict listing criteria, but it's still worth knowing how your money is protected in the unlikely event a company goes bust and you don't receive your order.

Bank transfer

Your money is not protected if you pay by bank transfer. If the company goes bust and you've paid by bank transfer, it's unlikely you'll get your money back. For this reason, we recommend you pay by debit or credit card wherever possible because they offer more financial protection.

Debit cards are the most popular payment method and they offer some financial protection. If you pay by debit card and the company goes bust, you can instruct your bank to make a chargeback request to recover your money from the company's bank. This isn't a legal right, and a refund isn't guaranteed, but if you make a chargeback request your bank is obliged to try and recover your money.

Credit card

Credit cards offer full financial protection, and your money is protected by law under Section 75 of the Consumer Credit Act. Section 75 states that your card issuer must refund you in full if you don't receive your order. Be aware that many credit cards charge a cash advance fee (typically around 3%) for buying currency, so you may have to weigh up the benefits of full financial protection with the extra cost of using a credit card.

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