Monthly exchange rate of USD to GBP 2017-2020

The statistic presents the monthly exchange rate of U.S. dollar to British Pound from January 2017 to July 2020. The USD GBP exchange rate amounted to approximately 0.76 on July 31, 2020, which means that one U.S. dollar could buy around 0.76 British Pound on that day.

USD GBP exchange rate – additional information

Over the past two years, the monthly exchange rate of the U.S. dollar to the British Pound has experienced pronounced fluctuations. In January 2017, one U.S. dollar could buy around 0.80 British Pounds. Since that time, the exchange rate of the U.S. dollar to the British Pound has decreased steadily, reaching a value of 0.76 in April 2018. Furthermore, within the same period of time, between November 2016 and November 2018, the exchange rate of Euro to British Pound has increased gradually, with one Euro being able to buy 0.80 British Pounds and 0.89 British Pounds in November 2016 and November 2018 respectively. The highest average annual exchange rate of the Euro to British Pound was recorded in 2009.

With remaining uncertainty about whether and how Britain will choose to leave the European Union, there is some speculation of how a Brexit would affect exchange rates and estimates of what would exchange rates might look like if Britain remains part of the European Union. Different scenarios and the effect on exchange rates have been estimated according to no referendum, the UK remaining in the EU and the UK leaving the EU.

It was predicted that if the UK leaves, the UK economy will slow down and the EUR/GDP would peak to 0.9 in 2017, where the Euro could buy around 0.90 British Pounds compared to keeping a steady exchange rate at 0.73 if Britain remains in the European Union.

Monthly exchange rate of U.S. dollar to British Pound from January 2017 to July 2020

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Source

Release date

2020

Region

Worldwide

Survey time period

January 2017 to July 2020

Special properties

Figures have been rounded

Supplementary notes

End of month data.

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Statistics on "UK economic and financial indicators post Brexit referendum"

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