Historic Pound sterling United States dollar

Pound sterling united states dollar history for March 2024. The highest quote for this month is 1.2858 (10/03/2024) and the lowest 1.2891 (08/03/2024). The difference between high and low is -0.26.

GBP USD average rate for March 2024 is 1.27403, the change between 01/03/2024 and 31/03/2024 is -1.31 %.

01 March 20241 GBP = 1.263 USD
03 March 20241 GBP = 1.266 USD
04 March 20241 GBP = 1.266 USD
05 March 20241 GBP = 1.269 USD
06 March 20241 GBP = 1.271 USD
07 March 20241 GBP = 1.274 USD
08 March 20241 GBP = 1.282 USD
10 March 20241 GBP = 1.287 USD
11 March 20241 GBP = 1.286 USD
12 March 20241 GBP = 1.279 USD

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.