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Q: Historical exchange rate info $ -> £ ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: Historical exchange rate info $ -> £
Category: Business and Money > Economics
Asked by: dace-ga
List Price: $20.00
Posted: 29 Sep 2004 22:10 PDT
Expires: 29 Oct 2004 22:10 PDT
Question ID: 408238
Hi
I'm looking to find out the average currency exchange rate between US
dollar and UK pound sterling over the last 2-3 years.  The source of
this information must preferrably be somewhere 'official' (trying to
prove a point ...)

Thanks
Answer  
Subject: Re: Historical exchange rate info $ -> £
Answered By: juggler-ga on 29 Sep 2004 22:53 PDT
Rated:5 out of 5 stars
 
Hello.

The United States Federal Reserve provides daily exchange rate values
on its web site:
http://www.federalreserve.gov/releases/H10/hist/dat00_uk.htm

I put the Federal Reserve data into an Excel spreadsheet to calculate
the average exchange rates.

For the period of the last TWO years (September 24, 2002 to September
24, 2004), the average exchange rate was US $1.69508 per British
pound.

For the period of the last THREE years (September 24, 2001 to
September 24, 2004), the average exchange rate was US $1.61989 per
British pound.

------
search strategy:
historical "exchange rates", site:gov

I hope this helps.  I can post the Excel spreadsheet showing the
calculations if necessary. Let me know if you need that. Thanks!
dace-ga rated this answer:5 out of 5 stars and gave an additional tip of: $5.00
That will do nicely.  No need for the spreadsheet - with the link to
the Federal Reserve I can take care of it.

Thanks juggler

Comments  
Subject: Re: Historical exchange rate info $ -> £
From: juggler-ga on 29 Sep 2004 23:19 PDT
 
Thank you for the tip.
-juggler

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