Pound To Dollar Exchange Rate Last 10 Years
The pound to dollar exchange rate, like any other currency pair, is influenced by a wide range of economic and political factors. These include inflation rates, interest rates, political stability, and many others. In this article, we’ll take a look at the performance of the pound to dollar exchange rate over the last 10 years.
2009
In 2009, the global financial crisis was in full swing, and the pound to dollar exchange rate was highly volatile. The exchange rate started the year at around 1.45 and fell to around 1.38 by March. It then climbed back up to around 1.70 by the end of the year.
2010
In 2010, the pound to dollar exchange rate remained relatively stable, fluctuating between 1.50 and 1.65 for most of the year. The exchange rate started the year at around 1.62 and ended the year at around 1.54.
2011
In 2011, the pound to dollar exchange rate continued to fluctuate, but with a general downward trend. The exchange rate started the year at around 1.56 and fell to around 1.53 by the end of the year.
2012
In 2012, the pound to dollar exchange rate remained relatively stable, fluctuating between 1.50 and 1.65 for most of the year. The exchange rate started the year at around 1.55 and ended the year at around 1.63.
2013
In 2013, the pound to dollar exchange rate continued to climb, reaching a high of around 1.63 in February before falling back down to around 1.48 by the end of the year.
2014
In 2014, the pound to dollar exchange rate remained relatively stable, fluctuating between 1.65 and 1.75 for most of the year. The exchange rate started the year at around 1.65 and ended the year at around 1.56.
2015
In 2015, the pound to dollar exchange rate climbed to its highest level in nearly a decade, reaching a high of around 1.58 in February before falling back down to around 1.48 by the end of the year.
2016
In 2016, the pound to dollar exchange rate was heavily influenced by the Brexit referendum, which led to a sharp decline in the value of the pound. The exchange rate started the year at around 1.48 and fell to around 1.22 by the end of the year.
2017
In 2017, the pound to dollar exchange rate remained relatively stable, fluctuating between 1.20 and 1.36 for most of the year. The exchange rate started the year at around 1.23 and ended the year at around 1.35.
2018
In 2018, the pound to dollar exchange rate was heavily influenced by Brexit negotiations, which led to a great deal of uncertainty in the market. The exchange rate started the year at around 1.35 and ended the year at around 1.27.
2019
In 2019, the pound to dollar exchange rate remained relatively stable, fluctuating between 1.20 and 1.33 for most of the year. The exchange rate started the year at around 1.28 and ended the year at around 1.32.
Conclusion
The pound to dollar exchange rate has been highly volatile over the last 10 years, with a great deal of uncertainty in the market due to factors such as Brexit negotiations and global economic conditions. While the exchange rate has experienced both highs and lows, it’s important to remember that currency exchange rates are influenced by a wide range of factors and can be difficult to predict.