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£ Sterling

Volume 905: debated on Thursday 12 February 1976

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asked the Chancellor of the Exchequer what was the value of the £ sterling on 1st February 1976 taking it to be worth 100p in each of the years 1945 to 1975.

No information is available for 1945. Taking the internal purchasing power of the pound sterling to be 100p in each of the years from 1946 to 1975, its value in December 1975, the latest available date was as follows:

194620p196135p
194721½p196236p
194823p196337p
194923½p196438p
195024½p196540p
195126½p196641½p
195228p196742½p
195328½p196844½p
195429p196947p
195530p197050p
195631½p197155p
195732½p197258½p
195833½p197364p
195933½p197474½p
196034p197592½p
The basis for these estimates is that given in the leaflet "The Internal Purchasing Power of the Pound", obtainable from the Press and Information Service of the Central Statistical Office.

asked the Chancellor of the Exchequer whether he will list in the Official Report the exchange rate of the £ sterling against the dollar at the close of business on 31st January for each of the years 1967 to 1975.

Recent information about the sterling/dollar exchange rate is given in the Central Statistical Office's publication "Financial Statistics". Details of the rate at the close of business on the last working day of January for each of the years 1967 to 1975 are as follows:

31 January 19672·7943
31 January 19682·4123
31 January 19692·3900
30 January 19702·4025
29 January 19712·4175
31 January 19722·5938
31 January 19732·3822
31 January 19742·2750
31 January 19752·3811