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 2024 | 1 GBP = 1.263 USD |
03 March 2024 | 1 GBP = 1.266 USD |
04 March 2024 | 1 GBP = 1.266 USD |
05 March 2024 | 1 GBP = 1.269 USD |
06 March 2024 | 1 GBP = 1.271 USD |
07 March 2024 | 1 GBP = 1.274 USD |
08 March 2024 | 1 GBP = 1.282 USD |
10 March 2024 | 1 GBP = 1.287 USD |
11 March 2024 | 1 GBP = 1.286 USD |
12 March 2024 | 1 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.