What was the exchange rate of one pound sterling to an America dollar in 1886?

Expert Answers
linda-allen eNotes educator| Certified Educator

What an interesting question. I did some searching and found a currency converter that does historical conversions. That site, measuringworth.org, calculates the worth of currency from the past in comparison to that same currency today.

According to them, the US dollar was worth 0.2057 British pounds--not even a whole pound!!

Today, the US dollar is worth about .70 British pounds.

Visit the links below for more information.