The history of British currency development;
1September 1949, Britain announced that the pound depreciated by 30.5%, and the exchange rate of the pound against the US dollar fell to 2.80 US dollars.
1967165438+1October 18, the pound depreciated again, the exchange rate against the US dollar fell to 2.40 US dollars, and the gold content of the pound also fell to 2. 1328 1 gram.
After the floating exchange rate of 197 1 US dollar was implemented in August1May, the pound began to determine the exchange rate against the US dollar on the basis of unchanged gold content. In the same year, 65438+February 18, after the official depreciation of the US dollar, the new official exchange rate of the British pound against the US dollar appreciated to 1 British pound against US$ 2.6057. The real exchange rate can fluctuate in the range of 1 GBP to 2.547 1 USD to 2.6643 USD, with a fluctuation range of about 4.5%.