Answer :
If one U.S. Dollar (USD) sells for 0.60 British Pound (GBP), then one British Pound (GBP) sells for 1.6667 U.S. Dollar (USD).
To get the answer, simply divide the two currencies.
1 USD = 0.60 GBP
1 GBP = 1 / 0.60 USD
1 GBP = 1.6667 USD
Why is British Pound (GBP) strong against U.S. Dollar (USD)?
The GBP is not alone in being sold against the USD, as investors fear a global recession and favor the greenback as a safe haven in times of economic distress.
What is the strongest currency in the world?
The Kuwaiti Dinar (KWD) continues to remain the highest currency in the world owing to Kuwait's economic stability. The country's economy is primarily reliant on oil exports because it has one of the world's largest reserves.
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