Quote:
Originally Posted by HarryT
You have it back to front; the UK Pound is worth more than the USD. There are usually somewhere between 1.5 and 1.6 US$ to £1.
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Well, I was correct in half of my post--I am mathematically challenged! ha
I finally get it. I think. And I do know how to do the math, strangely enough. Currently, the exchange rate is .65 GBP to 1 USD. To figure how much the GBP is worth compared to the USD (i.e., how many dollars it will buy), you divide 1 by .65, which gives you the figure of $1.54, which is within the range that you mentioned.