Exchange Rate
The pound is freely bought and sold on the foreign exchange markets around the world, and its value relative to other currencies therefore fluctuates. It has been among the highest-valued currency units in the world. As of 22 July 2012 (2012 -07-22), £1 was worth US$1.55, €1.30, ¥124.2, CHF 1.51, A$1.54, C$1.53 or INR 86.9.
Current GBP exchange rates | |
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Read more about this topic: Pound Sterling
Famous quotes containing the words exchange and/or rate:
“The first place he went into was the Royal Exchange .... where men of all ages and all nations were assembled, with no other view than to barter for interest. The countenances of most of the people showed they were filled with anxiety; some indeed appeared pleased, but yet it was with a mixture of fear.... [David] resolved to stay no longer in a place where riches were esteemed goodness, and deceit, low cunning, and giving up all things to the love of gain were thought wisdom.”
—Sarah Fielding (17101768)
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—Elizabeth Bowen (18991973)