How much is a pound worth in America?
The value of different currencies changes daily. It is called the exchange rate or rate of exchange, the rate at which the money of one country can be changed for the money of another country. The system by which the type of money used in one country is exchanged for another country’s money is called the foreign exchange. There are generally two rates of exchange, one for tourists and the other for businesses. In the US the currency is the USD or US dollar ($) in the UK the currency is the GBP pound or pound sterling (£ ). The best way to find out the current exchange rate is to use one of the many services on the Internet, xe.com Universal Currency Converter is just one of these.
