Graph and download economic data for U.S. / U.K. Foreign Exchange Rate in the United Kingdom (USUKFXUKA) from 1791 to 2016 about academic data, United Kingdom, exchange rate, and rate.

United Kingdom Sterling Exchange Rate: Monthly Avg: US Dollar data was reported at 1.291 USD/GBP in Nov 2018. This records a decrease from the previous number of 1.301 USD/GBP for Oct 2018. United Kingdom Sterling Exchange Rate: Monthly Avg: US Dollar data is updated monthly, averaging 1.624 USD/GBP from Jan 1975 (Median) to Nov 2018, with 527 observations. The data reached an all-time high of 2.419 USD/GBP in Mar 1975 and a record low of 1.093 USD/GBP in Feb 1985. United Kingdom Sterling Exchange Rate: Monthly Avg: US Dollar data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

At the beginning of 2025, the Bank of England had roughly 846.25 billion British pounds worth of assets on their balance sheet, out of which foreign exchange reserves amounted to approximately 189 billion British pounds. The base rate at the end of 2024 stood at 4.75 percent, the deposit rate (or operational deposit facility) at 4.5 percent, and the lending rate (or operational lending facility) at five percent.

Graph and download economic data for Real Broad Effective Exchange Rate for United Kingdom (RBGBBIS) from Jan 1994 to Feb 2025 about broad, United Kingdom, exchange rate, currency, real, and rate.

United Kingdom Sterling Exchange Rate: Monthly Avg: South African Rand data was reported at 18.178 ZAR/GBP in Nov 2018. This records a decrease from the previous number of 18.857 ZAR/GBP for Oct 2018. United Kingdom Sterling Exchange Rate: Monthly Avg: South African Rand data is updated monthly, averaging 7.246 ZAR/GBP from Jan 1975 (Median) to Nov 2018, with 527 observations. The data reached an all-time high of 23.507 ZAR/GBP in Jan 2016 and a record low of 1.424 ZAR/GBP in Nov 1976. United Kingdom Sterling Exchange Rate: Monthly Avg: South African Rand data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

This table contains 27 series, with data starting from 1981 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada) Type of currency (27 items: Australian dollar, monthly average; Brazilian real, monthly average; Chinese renminbi, monthly average; European euro, monthly average; ...).

Data for the book "An Exchange Rate History of the United Kingdom, 1945–1992", published by Cambridge University Press in 2022. The data includes files to replicate all the figues in the book.

United Kingdom Sterling Exchange Rate: Monthly Avg: Swiss Franc data was reported at 1.293 CHF/GBP in Oct 2018. This records an increase from the previous number of 1.264 CHF/GBP for Sep 2018. United Kingdom Sterling Exchange Rate: Monthly Avg: Swiss Franc data is updated monthly, averaging 2.381 CHF/GBP from Jan 1975 (Median) to Oct 2018, with 526 observations. The data reached an all-time high of 6.063 CHF/GBP in Apr 1975 and a record low of 1.218 CHF/GBP in Oct 2016. United Kingdom Sterling Exchange Rate: Monthly Avg: Swiss Franc data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

Graph and download economic data for U.S. Dollars to U.K. Pound Sterling Spot Exchange Rate (DEXUSUK) from 1971-01-04 to 2025-03-21 about United Kingdom, exchange rate, currency, rate, and USA.

United Kingdom Sterling Exchange Rate: Canadian Dollar data was reported at 1.696 CAD/GBP in Nov 2018. This records an increase from the previous number of 1.672 CAD/GBP for Oct 2018. United Kingdom Sterling Exchange Rate: Canadian Dollar data is updated monthly, averaging 2.058 CAD/GBP from Jan 1975 (Median) to Nov 2018, with 527 observations. The data reached an all-time high of 2.868 CAD/GBP in Oct 1980 and a record low of 1.500 CAD/GBP in Jan 1985. United Kingdom Sterling Exchange Rate: Canadian Dollar data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

Argentina Forex: Spot: Central Bank Reference Rate: United States Dollar data was reported at 1,058.360 USD/ARS in Feb 2025. This records an increase from the previous number of 1,041.930 USD/ARS for Jan 2025. Argentina Forex: Spot: Central Bank Reference Rate: United States Dollar data is updated monthly, averaging 3.505 USD/ARS from Jan 1992 (Median) to Feb 2025, with 398 observations. The data reached an all-time high of 1,058.360 USD/ARS in Feb 2025 and a record low of 1.000 USD/ARS in Dec 2001. Argentina Forex: Spot: Central Bank Reference Rate: United States Dollar data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.M012: Foreign Exchange Rates.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion at a CAGR of 10.6% between 2024 and 2029.

The market continues to evolve, driven by several key trends and challenges. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. The Internet of Things (IoT) and artificial intelligence (AI) revolutionize banking and financial services, enabling real-time personal finance software and content delivery for travelers and businesses. The uncertainty of future exchange rates fuels the demand for 24x7 trading opportunities. As urbanization progresses and digitalization becomes more prevalent, the market is expected to grow, offering numerous opportunities for businesses and investors.

What will be the Size of the Foreign Exchange Market During the Forecast Period?

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The market, also known as the forex or FX market, is a decentralized global market for the trading of currencies. It facilitates the conversion of one currency into another for various reasons, including international trade, tourism, hedging, speculation, and investment. Participants in this market include financial institutions, non-financial customers, individuals, retailers, corporate institutes, and central banks. Currencies are traded 24 hours a day, five days a week, due to the presence of multiple time zones and the interbank network.
Currency swaps, interest rate differentials, monetary interventions, economic indicators, political developments, and investment flows are some of the key drivers influencing the market. International trade, balance of payments, and economic instability in various countries also significantly impact currency values. Speculation and hedging activities, particularly by corporations and financial institutions, contribute to the volatility of currency rates. The market is increasingly leveraging artificial intelligence and Internet of Things technologies to optimize trading strategies, with mutual funds utilizing these advancements to enhance portfolio performance and manage currency risk more efficiently. The forex market plays a crucial role in facilitating international business transactions and managing risks associated with currency fluctuations.

How is this Foreign Exchange Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.TypeReporting dealersFinancial institutionsNon-financial customersTrade Finance InstrumentsCurrency swapsOutright forward and FX swapsFX optionsCounterpartyReporting DealersOther Financial InstitutionsNon-Financial CustomersGeographyNorth AmericaCanadaUSEuropeGermanyUKAPACChinaIndiaJapanSouth AmericaBrazilMiddle East and Africa

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period. The market, also known as Forex or FX, is a global financial market where participants buy, sell, and exchange currencies. This market involves various market participants, including financial institutions, non-financial customers, and corporations. Currency swaps, individuals, retailers, corporates, hedge funds, wealth managers, and foreign exchange services are among the key players. The markets facilitate international trade and investment flows, with economic indicators, political developments, inflationary pressures, and interest rate differentials influencing currency values. Monetary interventions, speculation, and risk appetite are also significant factors.
Modern technology and electronic platforms have increased efficiency and accessibility, enabling 24-hour operation. Currency exchange services, monetary policies, and regulations, including those by central banks, impact the market. Economic events, financial crises, and strategic corporate activities can cause volatility. Hedging strategies, accessible platforms, and personal finance considerations are essential for individual investors, small businesses, and multinational corporations dealing with major currency pairs. Online trading platforms and trade balances are crucial for managing currency risks in an increasingly globalized business environment.

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The Reporting dealers segment was valued at USD 278.60 billion in 2019 and showed a gradual increase during the forecast period.

Currency pairs are the foundation of forex trading, with spot trading being one of the most common methods of buying and selling currencies. Forward contracts and swap deals offer traders the ability to lock in exchange rates for future transactions, managing ris

United Kingdom Sterling Exchange Rate: Saudi Riyal data was reported at 4.794 SAR/GBP in Nov 2018. This records an increase from the previous number of 4.775 SAR/GBP for Oct 2018. United Kingdom Sterling Exchange Rate: Saudi Riyal data is updated monthly, averaging 6.057 SAR/GBP from Jan 1975 (Median) to Nov 2018, with 527 observations. The data reached an all-time high of 8.623 SAR/GBP in Feb 1975 and a record low of 3.890 SAR/GBP in Feb 1985. United Kingdom Sterling Exchange Rate: Saudi Riyal data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

Brazil FX Rate: Banco Central Do Brasil: British Pound: Bid data was reported at 7.364 GBP/BRL in Feb 2025. This records an increase from the previous number of 7.241 GBP/BRL for Jan 2025. Brazil FX Rate: Banco Central Do Brasil: British Pound: Bid data is updated monthly, averaging 3.886 GBP/BRL from Jul 1994 (Median) to Feb 2025, with 368 observations. The data reached an all-time high of 7.857 GBP/BRL in Mar 2021 and a record low of 1.318 GBP/BRL in Nov 1994. Brazil FX Rate: Banco Central Do Brasil: British Pound: Bid data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.MG002: Foreign Exchange Rate: Central Bank of Brazil.

Foreign Exchange Rate: Bank of Russia: Indonesian Rupiah data was reported at 50.838 RUB/10000 IDR in 26 Mar 2025. This records an increase from the previous number of 50.830 RUB/10000 IDR for 25 Mar 2025. Foreign Exchange Rate: Bank of Russia: Indonesian Rupiah data is updated daily, averaging 57.991 RUB/10000 IDR from Jan 2023 (Median) to 26 Mar 2025, with 542 observations. The data reached an all-time high of 68.787 RUB/10000 IDR in 29 Nov 2024 and a record low of 45.410 RUB/10000 IDR in 24 Jan 2023. Foreign Exchange Rate: Bank of Russia: Indonesian Rupiah data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Foreign Exchange Rates – Table RU.MF001: Foreign Exchange Rate: Bank of Russia: Main Currencies.

United Kingdom Sterling Exchange Rate: Monthly Avg: Saudi Riyal data was reported at 4.880 SAR/GBP in Oct 2018. This records a decrease from the previous number of 4.899 SAR/GBP for Sep 2018. United Kingdom Sterling Exchange Rate: Monthly Avg: Saudi Riyal data is updated monthly, averaging 6.054 SAR/GBP from Jan 1975 (Median) to Oct 2018, with 526 observations. The data reached an all-time high of 8.502 SAR/GBP in Feb 1975 and a record low of 3.910 SAR/GBP in Feb 1985. United Kingdom Sterling Exchange Rate: Monthly Avg: Saudi Riyal data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

Foreign Exchange Rate: Bank of Mexico: Chilean Peso data was reported at 0.029 MXN/CLP in Mar 2019. This records a decrease from the previous number of 0.029 MXN/CLP for Feb 2019. Foreign Exchange Rate: Bank of Mexico: Chilean Peso data is updated monthly, averaging 0.023 MXN/CLP from Jan 2000 (Median) to Mar 2019, with 231 observations. The data reached an all-time high of 0.032 MXN/CLP in Jan 2017 and a record low of 0.013 MXN/CLP in Oct 2001. Foreign Exchange Rate: Bank of Mexico: Chilean Peso data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M005: Foreign Exchange Rates.

United Kingdom Sterling Exchange Rate: Monthly Avg: Hong Kong data was reported at 10.197 HKD/GBP in Oct 2018. This records a decrease from the previous number of 10.237 HKD/GBP for Sep 2018. United Kingdom Sterling Exchange Rate: Monthly Avg: Hong Kong data is updated monthly, averaging 12.114 HKD/GBP from Jan 1977 (Median) to Oct 2018, with 502 observations. The data reached an all-time high of 16.101 HKD/GBP in Nov 2007 and a record low of 7.955 HKD/GBP in Mar 1977. United Kingdom Sterling Exchange Rate: Monthly Avg: Hong Kong data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

United Kingdom Sterling Exchange Rate: Monthly Avg: Euro data was reported at 1.204 GBP/EUR in Feb 2025. This records an increase from the previous number of 1.192 GBP/EUR for Jan 2025. United Kingdom Sterling Exchange Rate: Monthly Avg: Euro data is updated monthly, averaging 1.209 GBP/EUR from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 1.700 GBP/EUR in Oct 2000 and a record low of 1.087 GBP/EUR in Mar 2009. United Kingdom Sterling Exchange Rate: Monthly Avg: Euro data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

Brazil FX Rate: Banco Central Do Brasil: Singapore Dollar: Bid data was reported at 4.335 SGD/BRL in Feb 2025. This records an increase from the previous number of 4.300 SGD/BRL for Jan 2025. Brazil FX Rate: Banco Central Do Brasil: Singapore Dollar: Bid data is updated monthly, averaging 1.602 SGD/BRL from Jul 1994 (Median) to Feb 2025, with 368 observations. The data reached an all-time high of 4.542 SGD/BRL in Dec 2024 and a record low of 0.572 SGD/BRL in Sep 1994. Brazil FX Rate: Banco Central Do Brasil: Singapore Dollar: Bid data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.MG002: Foreign Exchange Rate: Central Bank of Brazil.