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Pound Sterling (Exchange Rates)

Volume 87: debated on Monday 18 November 1985

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asked the Chancellor of the Exchequer what has been the value of the pound sterling in relation to (a) the US dollar, (b) the French franc and (c) the deutschmark for each year since 1955.

The average exchange rates for sterling against the US dollar, the deutschmark and the French franc in the 10 months to end-October 1985 are as follows:

Average exchange rate
Dollar/sterling1·267
Deutschmark/sterling3·803
French franc/sterling11·61
Annual averages for the years 1955 to 1983 are published in

Economic Trends, annual supplement, 1985, p. 142, and for 1984, in the October edition of Economic Trends, p. 50.