Exchange Rate in United Kingdom
Inflation came in at 8.7% in April, down from March’s 10.1%. April’s result marked the lowest inflation rate since March 2022, but was far higher than market expectations of 8.2%. Looking forward, inflation should continue to trend down on tighter monetary policy, but is still forecast to average double the Bank of England’s (BoE) 2.0% target in Q4 2023.
United Kingdom Exchange Rate Chart
This chart displays Exchange Rate (vs USD) for United Kingdom from 2013 to 2022.
United Kingdom Exchange Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (USD per GBP, eop) | 1.35 | 1.27 | 1.32 | 1.37 | 1.35 |