$1=2 pounds
so 1,000 pouns is 2,000 dollars
2006-12-08 12:25:12
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answer #1
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answered by mikejonesg2132 2
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Saturday, December 9, 2006
1 US Dollar = 0.50980 British Pound
1 British Pound (GBP) = 1.96157 US Dollar (USD)
Saturday, December 9, 2006
1,000.000 British Pound = 1,961.90 US Dollar
1,000.000 US Dollar (USD) = 509.710 British Pound (GBP)
Interbank rate +/- 0%
This means:
You buy 1,000.000 British Pound : 1,961.90 US Dollar
You sell 1,000.000 British Pound : 1,961.57 US Dollar
You buy 1,000.000 US Dollar : 509.710 British Pound
You sell 1,000.000 US Dollar : 509.796 British Pound
2006-12-08 20:34:32
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answer #2
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answered by burbelicious 4
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it depends...
by "$" and "pounds" i assume you are referring to US Dollars and British Pounds respectively
are you buying US$ or selling US$?
if you're buying US$ then you would receive $1954.70 for £1000.00
if you're selling US$ then to get £1000.00 you would need to sell $1955.00.
This is according to the closing rates for Friday 8th December 2006 which were:
Bid (buying $) $1.9547 / £1.0000
Ask (selling $) $1.9550 / £1.0000
Normally, if you are purchasing or selling currency in small amounts then the rate you receive will differ from the market spot rates quoted above.
If you're worried about currency risk then it may be wise to set up a hedge fund such as a forward, futures or option market hedge although for such a small amount the transaction and other costs are likely to negate any risk reduction that a hedge will offer.
2006-12-08 20:45:44
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answer #3
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answered by charlie.yankee 2
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check this website!!! it has the currency calculators for all currencies.http://www.x-rates.com/ at the moment 1000 pound is 1,956.39 USD
2006-12-08 20:56:40
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answer #4
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answered by Nelson S 2
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The correct amount is $1909625.79.
2006-12-08 20:32:05
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answer #5
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answered by carole 3
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1,954.25 USD
2006-12-08 20:31:44
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answer #6
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answered by rockergirl20032003 4
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