The British pound weakened further to below $1.22, moving closer to a 2-year low touched under $1.2 on June 14th after the latest CPI report showed inflation rose to a fresh 40-year high, adding pressure for an even more aggressive stance from the Bank of England in spite of recession risk. Consumer prices in the UK surged 9.1% from a year earlier in May, the highest since 1982, as skyrocketing food and energy prices continue to deepen the country’s cost of living crisis. The BoE has raised rates five times since December when it became the first major central bank to increase rates after the COVID-19 pandemic, and rates now stand at 1.25%. Meanwhile, recession concerns remain prevalent, as the British economy contracted 0.3% in April and 0.1% in March.

Historically, the British Pound reached an all time high of 2.86 in December of 1957. British Pound - data, forecasts, historical chart - was last updated on June of 2022.

The British Pound is expected to trade at 1.21 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.16 in 12 months time.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
British Pound


Majors Price Day Year
EURUSD 1.0552 0.0029 0.28% -11.59%
GBPUSD 1.2274 0.0009 0.08% -11.47%
AUDUSD 0.6942 0.0037 0.53% -8.32%
NZDUSD 0.6314 0.0040 0.64% -10.68%
USDJPY 135.1360 0.3040 0.23% 21.98%
USDCNY 6.6826 -0.0169 -0.25% 3.43%
USDCHF 0.9578 -0.0033 -0.34% 4.48%
USDCAD 1.2893 -0.0101 -0.78% 4.87%
USDMXN 19.8500 -0.1510 -0.76% 0.21%
USDINR 78.2300 0.0900 0.12% 5.42%
USDBRL 5.2417 0.0011 0.02% 6.25%
USDRUB 50.9000 -1.1000 -2.12% -29.39%
USDKRW 1,288.8900 -10.9200 -0.84% 14.35%
DXY 104.1850 -0.2460 -0.24% 13.43%
USDTRY 16.8922 -0.4576 -2.64% 93.07%
USDSEK 10.1325 -0.0377 -0.37% 19.36%
USDPLN 4.4378 -0.0348 -0.78% 17.45%
USDNOK 9.8420 -0.1180 -1.18% 15.91%
USDZAR 15.7990 -0.1537 -0.96% 11.72%
USDDKK 7.0489 -0.0192 -0.27% 13.19%
USDSGD 1.3855 -0.0044 -0.32% 3.26%
USDILS 3.4081 -0.0396 -1.15% 4.95%
USDHKD 7.8489 -0.0008 -0.01% 1.13%
USDCLP 916.7700 14.1200 1.56% 25.14%
USDPKR 208.0000 -0.4000 -0.19% 31.98%
USDCZK 23.4240 -0.0680 -0.29% 9.80%
USDHUF 380.1200 0.7000 0.18% 29.28%
Crosses Price Day Year
GBPUSD 1.2274 0.0009 0.08% -11.47%
EURGBP 0.8596 0.0016 0.19% 0.004%
GBPAUD 1.7667 -0.0095 -0.53% -3.28%
GBPNZD 1.9424 -0.0109 -0.56% -1.13%
GBPJPY 165.9070 0.5423 0.33% 8.01%
GBPCNY 8.2166 0.0077 0.09% -8.43%
GBPCHF 1.1760 -0.0027 -0.23% -7.47%
GBPCAD 1.5812 -0.0126 -0.79% -7.41%
GBPMXN 24.3401 -0.1799 -0.73% -11.51%
GBPINR 96.1528 0.3180 0.33% -6.55%
GBPBRL 6.4345 0.0071 0.11% -5.93%
GBPRUB 65.3804 1.6050 2.52% -34.59%
GBPKRW 1,579.4779 -14.6741 -0.92% 1.07%
GBPIDR 18,233.2228 38.8371 0.21% -9.25%
GBPARS 152.1779 0.4518 0.30% 14.65%
GBPCZK 28.6853 -0.1264 -0.44% -3.02%
GBPDKK 8.6443 -0.0211 -0.24% -0.03%
GBPHUF 465.3416 0.0020 0.0004% 14.15%
GBPMYR 5.4004 -0.0009 -0.02% -6.23%


British Pound
The GBPUSD spot exchange rate specifies how much one currency, the GBP, is currently worth in terms of the other, the USD. While the GBPUSD spot exchange rate is quoted and exchanged in the same day, the GBPUSD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
1.23 1.23 2.86 1.05 1957 - 2022 Daily