The USD to GBP Exchange Rate trend
The 90-day exchange rate trend of the Dollar against the Pound has remained unchanged.
There has also been no significant change in valuation over the last 7 days as the rate continues to stay flat.
In terms of rate, the Dollar was valued at 0.80 Pounds 3 months ago and is now worth 0.80 Pounds.
As there has been no change in the exchange rate over the last 90 days, your buying power has stayed the same. As a consumer or traveler vacationing in United Kingdom (UK) at the moment, you will get the same amount of Pounds for each Dollar you exchange.
The trend history chart illustrates these recent changes. You can also plug in and convert the number of Dollars (or Pounds) in the currency calculator above.
Facts about the British Pound
The English pound sterling is the official currency of the United Kingdom and many of its provinces and territories.
It is more commonly known these days as the British pound with other common names such as Pound Sterling, Sterling, Quid, Cable, and Nicker.
Although the UK is currently still a part of the European Union, the UK decided not to adopt the Euro and elected to maintain its own currency, the British pound.
The pound is currently the third most largely traded currency in the Foreign Exchange Market, falling only behind the United States Dollar and the Euro.
This market which determines foreign exchange rates.
One individual British pound can also be divided into 100 pence, noting that pence is plural for a penny. For example, one penny is less than two pence.
Currently, the countries that use the pound are the United Kingdom, the Isle of Man, Guernsey, South Sandwich Islands, Jersey, South Georgia, Tristan da Cunha, and the British Antarctic Territory.
The symbol for the Great British Pound (ISO:
GBP) is '£'. Notes come in denominations of £5, £10, £20 and £50. Coins come in 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2.
Each denomination of notes is printed in specific colors and all currencies, both notes, and coins bear an image of the Queen’s head on one side.
Travel Tip
Before vacationing, we recommended you exchange Dollars to Pounds, or other currencies, at your local bank or credit union, as you will, in general, get much better exchange rates than you would at airport kiosks,
where rate hikes are common and expected. Although conveniently located at your port of entry, currency exchange kiosks will also charge convenience fees per transaction.
Another option to save money while vacationing is to pay any charges you incur with a "no-foreign-transaction-fee-credit-card".