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The British Pound is backed by silver where as the US dollar isn't backed by anything as use to be in the 18th century.

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14y ago

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Why is the pound worth more than the dollar?

Since the pound is stronger than the dollar right now.


Is the Canadian dollar worth more than the British pound?

No, the Canadian dollar is not worth more than the British pound. Typically, the British pound is stronger and has a higher value compared to the Canadian dollar in foreign exchange markets. Exchange rates fluctuate, so it's best to check current rates for the most accurate comparison.


What is the pound worth to the dollar?

Is a dollar more money than a british pound?


How does the value of UK money compare to US currency?

The value of UK money compared to US currency fluctuates based on exchange rates. Generally, the British pound is stronger than the US dollar, meaning that 1 British pound is worth more than 1 US dollar.


How much was the value of a pound in 1762?

In 1762, the British pound was worth about four times more than the U.S. dollar.


How come the British pound has stayed strong as it is and how come it doesn't fluctuate as the other currencies?

The British Pound does fluctuate. It has lost ground against the Euro but has maintained its position against the US Dollar as the Dollar is even weaker than the pound at the moment.


Is the pound stronger than the US dollar?

Yes. At the current time, it is $1.59 to every pound. However, in the (recent) past, it has been as high as just over $2 to the pound.


If 1 British pound sells for 1.50 dollars per pound what should the dollar sell for in pounds per dollar?

1/1.5 = 0.667 pounds per dollar , but of course with commission and profit it will cost you more pounds per dollar than this


How does an English pound compare to the US dollar?

much more favourably than about 6 months ago! (in favour of the dollar being stronger and the £ very weak relative to where it was)


When is the best time to exchange Sterling to US dollar?

Obviously when the pound is stronger than the dollar on the world's currency exchange markets so that you get more dollars for you pounds.


Who is stronger a pitbull or a germen shepherd?

pound by pound the pitbull is stronger and even stronger than bigger dogs.


Which is more powerful currency dollar or pound?

The power of a currency is often measured by its exchange rate against other currencies, as well as its purchasing power. As of my last knowledge update, the British pound (GBP) generally has a higher exchange rate than the US dollar (USD), meaning one pound is worth more than one dollar. However, the "power" of a currency can also depend on various factors, including economic stability, inflation rates, and market perception. Therefore, while the pound may be stronger in terms of exchange rates, the dollar is more widely used and accepted globally.