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4 answers

The British Pound has always been higher than the US dollar, and they have never been the same. The two were originally defined very differently based on their different weights in silver and gold, which is why they've always held different values.

In the past century or so the value of the Pound has fallen from over $4 down to running mostly between $1 - $2 in recent history. The "cheapest" it's been was $1.05 briefly in the mid 1980s (this during a time when the US dollar got very expensive amid very high US interest rates; they called it the Superdollar and that caused a separate set of problems).

2006-11-20 08:49:02 · answer #1 · answered by KevinStud99 6 · 0 0

Neither higher nor the same. America's still got a lot of work to do.

2006-11-19 21:01:23 · answer #2 · answered by Eccentric_fly 3 · 0 0

A dollar is usually worth about 40-60p, there would have to be some massive inflation for it to be worth £1.

2006-11-19 20:25:11 · answer #3 · answered by Mordent 7 · 0 0

Never been higher Never.

2006-11-19 21:46:46 · answer #4 · answered by Farai 3 · 0 0

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