UK money and US money is like the same right ??
like £5 and $5.00
2007-09-15 13:53:28 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United Kingdom
i dont live in the UK so i have no idea !
2007-09-15 13:55:43 · update #1
so it like doubles money right...?
cause im ordering some band t-shirts online
from the UK
so i wasn't sure
2007-09-15 18:50:59 · update #2
Not quite!
As far as I know, the British Pound Sterling is worth about twice as much as the U.S. Dollar, give or take a few pennies...
2007-09-15 20:06:01 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Not on your life! The British pound is worth double that of the US dollar. If you plan on going abroad, pull out a recent copy of either the NY Times or Wall Street Journal and go to the currency section. It will show you all the exchange rates of every currency in the world against the dollar and against each other. Specifically, for the dollar vs. the pound it will show how many dollars are needed to purchase 1 pound and vice versa. Finally, remember when you buy another currency, there is a conversion fee, which can run fron 1% to 3.5%.
2007-09-15 14:20:16 · answer #2 · answered by liorio1 4 · 0⤊ 1⤋
Nope, they have different values. £5 is worth a lot more than $5.00
2007-09-15 14:00:46 · answer #3 · answered by Anonymous · 0⤊ 2⤋
£5.00 is worth about $10.00
2007-09-15 14:08:22 · answer #4 · answered by Bostonian In MO 7 · 1⤊ 1⤋
Uh, no. One pound is about $2 US.
2007-09-15 15:57:46 · answer #5 · answered by Judy 7 · 1⤊ 2⤋