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View Full Version : What Was The British £ Worth in American Dollars in October 1967?



Aloysius
07-19-2015, 05:20 PM
Need this for my book. I have my main character renting a Georgian mansion for £ 375 in Yorkshire.

Adam
07-19-2015, 05:59 PM
£1 was $2.76, apparently. No idea how accurate the site is, though.

http://fx.sauder.ubc.ca/etc/GBPpages.pdf

Aloysius
07-19-2015, 09:54 PM
£1 was $2.76, apparently. No idea how accurate the site is, though.

http://fx.sauder.ubc.ca/etc/GBPpages.pdf

Thank you.

benbenberi
07-20-2015, 03:30 AM
In 1967 currency exchange values didn't float freely the way they have since 1971. The official rate 1967-1971 was £1 = $2.40.

Los Pollos Hermanos
07-20-2015, 10:10 AM
My mum commented (when I was moaning about the exchange rate pre-road trip!) that she could remember it was about $3 per £1 in the sixties, but I have no clue when in the sixties this was or the exact figure.

I recall that it was ~$2 per £1 when I went to NYC in 1994, but my road trips since 2010 have all been around the $1.50 per £1. Not going this year... renovating a cottage... the weather is arse... need a road trip... :cry:

Bufty
07-20-2015, 03:08 PM
The exchange rate has never been anywhere near Stg£3 per US$ either in the sixties or any period since. I suspect you meant to type US$3 per Stg£1.:)


My mum commented (when I was moaning about the exchange rate pre-road trip!) that she could remember it was about £3 per $1 in the sixties, but I have no clue when in the sixties this was or the exact figure.

I recall that it was ~$2 per £1 when I went to NYC in 1994, but my road trips since 2010 have all been around the $1.50 per £1. Not going this year... renovating a cottage... the weather is arse... need a road trip... :cry:

Los Pollos Hermanos
07-20-2015, 10:04 PM
That'll be it - haha! I was hurriedly typing before leaving for work this morning and the second cuppa tea hadn't hit my bloodstream at that point. I shall go back and edit...

Aloysius
07-21-2015, 12:28 AM
Thanks one and all for your helpful comments. The people who post on this site are phenomenal.

benbenberi
07-21-2015, 01:58 AM
The original question is a discoverable fact with a specific valid answer. I will amend what I posted above: the exchange rate of the British pound with the US dollar in October 1967 was $2.80 per pound. The pound was devalued by the Wilson government in November 1967 to $2.40, where it remained until 1971 when the US left the gold standard and the British govt unpegged the pound from a fixed exchange rate and let it float in the market as it has done ever since.

Aloysius
07-26-2015, 04:12 AM
The original question is a discoverable fact with a specific valid answer. I will amend what I posted above: the exchange rate of the British pound with the US dollar in October 1967 was $2.80 per pound. The pound was devalued by the Wilson government in November 1967 to $2.40, where it remained until 1971 when the US left the gold standard and the British govt unpegged the pound from a fixed exchange rate and let it float in the market as it has done ever since.

I knew it was devalued but I didn't know when. Thank you very much. Where are you in Connecticut? I'm in New Milford.

benbenberi
07-26-2015, 09:12 PM
Hamden. (But I have friends in New Milford. Pretty town!)

Aloysius
07-27-2015, 04:53 AM
Thanks, Been to Hamden for indoor soccer. Do you have a special interest in things British?