Historic United States dollar Pound sterling

United States dollar pound sterling history for August 2023. The highest quote for this month is 0.79571 (28/08/2023) and the lowest 0.79298 (28/08/2023). The difference between high and low is 0.34.

USD GBP average rate for August 2023 is 0.78593, the change between 01/08/2023 and 31/08/2023 is -1.94 %.

01 August 20231 USD = 0.7792 GBP
04 August 20231 USD = 0.7864 GBP
07 August 20231 USD = 0.7844 GBP
08 August 20231 USD = 0.7824 GBP
10 August 20231 USD = 0.7862 GBP
14 August 20231 USD = 0.7877 GBP
15 August 20231 USD = 0.7883 GBP
17 August 20231 USD = 0.7857 GBP
21 August 20231 USD = 0.7848 GBP
28 August 20231 USD = 0.7943 GBP

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.