About: 1949 sterling devaluation

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The devaluation of sterling in 1949 (or 1949 sterling crisis) was a major currency crisis in the United Kingdom that led to a 30.5% devaluation of sterling from $4.04 per pound to $2.80. Although the devaluation was made in the United Kingdom, over 19 countries had currencies pegged to sterling and also devalued.

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  • The devaluation of sterling in 1949 (or 1949 sterling crisis) was a major currency crisis in the United Kingdom that led to a 30.5% devaluation of sterling from $4.04 per pound to $2.80. Although the devaluation was made in the United Kingdom, over 19 countries had currencies pegged to sterling and also devalued. (en)
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  • The devaluation of sterling in 1949 (or 1949 sterling crisis) was a major currency crisis in the United Kingdom that led to a 30.5% devaluation of sterling from $4.04 per pound to $2.80. Although the devaluation was made in the United Kingdom, over 19 countries had currencies pegged to sterling and also devalued. (en)
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  • 1949 sterling devaluation (en)
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