Convert United States Dollar to British Pound Sterling
Please provide values below to convert United States Dollar [USD] to British Pound Sterling [GBP], or Convert British Pound Sterling to United States Dollar.
How to Convert United States Dollar to British Pound Sterling
1 USD = 1.35098621994056 GBP
Example: convert 15 USD to GBP:
15 USD = 15 × 1.35098621994056 GBP = 20.2647932991084 GBP
United States Dollar to British Pound Sterling Conversion Table
United States Dollar | British Pound Sterling |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.