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Teaching Economics

Teaching activity

Data Starter: UK’s exchange rate

Elizabeth Veal

19th November 2024

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What has been happening to the UK's exchange rate in recent years?

Scroll down the page to the chart from the House of Commons Library Research briefing showing the trend in the exchange rate and then answer these questions:

  1. Identify two periods of time when the Sterling exchange rate depreciated the most since 1994 and calculate the % changes from peak to trough.
  2. What has happened to the Sterling exchange rate index since 2023?
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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.

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