How come when money is converted from uk to us currency the uk currency is less?

Question

for example 18.99 GBP
United Kingdom Pounds = 37.3268 USD
United States Dollars
does this mean uk money is worth more since it takes more us money to meet uk money. or what does this really mean? whos money is worth more? thanks in advance

seriously i'm confused

Answer 1

In fact, the GBP is a little stronger compared to the USD than it has been in recent times. However, your question is a bit like asking: Which is worth more? Twenty nickels or one dollar? Twenty sounds like more than one, but you're comparing different monetary denominations. If the basis of U.S. currency were not the ONE dollar bill but, instead, was the TWO dollar bill, then the USD and the GBP would be on par with one another.

If you are visiting in Great Britain, then just remember that something marked GBP20 will cost you USD40. Now, would you pay more or less than $40 for it at home?

In fact, I have found that something that typically costs $20 at home will cost GBP20 in Great Britain. In other words, what would cost me $20 at home will cost me $40 in Britain. So I only purchase in Britain if I find a really good bargain or sale. Or if I find something that I just must have and absolutely can not find in the U.S.

It can be confusing.

Answer 2

It means the Dollar is weak, but sterling has always been a very strong currency. When your president borrowed 8 trillion dollars for war, he weakened the strength of your money, against other countries currencies because inflation had to rise dramatically.

Answer 3

UK money is worth more

Answer 4

USA IS number 1,lol

Answer 5

U.S money no good