Davie
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I remember when I spent the summer in London back in the mid 1980s and could get one pound for $1.25.
Originally Posted by Davie I remember when I spent the summer in London back in the mid 1980s and could get one pound for $1.25. |
Originally Posted by Davie I remember when I spent the summer in London back in the mid 1980s and could get one pound for $1.25. |
Originally Posted by raisin Well, I remember spending the summer in England in the early sixty's and the pound was over $2.00 at that time (and then you think that's what it should always be). It's all a big circle, and then you get off. |
Originally Posted by daycart1 Being an old guy, I can remember when 1 GBP = 2.80 USD! |
Originally Posted by Bunnyears Here's a website that gives you the average yearly exchange rate for the pound from 1948 to 2003. http://fx.sauder.ubc.ca/etc/GBPpages.pdf From 1950 through 1966 it stayed very stable at $2.80 per pound sterling. After 1966 it started to decline. Lowest point was in 1985 at $1.28. Currencies rise and decline, fact of life and politics! |
Originally Posted by RYCeT Oooopss no outside |
Originally Posted by Davie I believe currencies didn't float until about 1970. Before that exchange rates of the major currencies were basically fixed, if I'm not mistaken. |