How has the British Pound moved since the beginning of 2016, during Brexit and now.
Watching how the GBP has changed for those buying Australian dollars has been interesting since Brexit.
Between January 1st 2016 and the 23rd May 2016, one month BEFORE Brexit (23rd June 2016), the GBP experienced an FX drop to every country below of between 7.43% and 14.74%
Between January 1st 2016 and the 30th September 2016, 3 months AFTER Brexit, the drops are between 15.58% and 29.71%
The changes from the week before Brexit to the 30th September 2016 are between 7.23% and 19.33%
These figures from currencyonline.com.au show that about half the FX change was before Brexit with the remainder after Brexit.
GBP-EUR
dropped -7.92% between 1st Jan and 23rd May
dropped -6.83% between 1st Jan and 18th Jun
dropped -9.90% between 18th Jun and 30th Sept
dropped -16.05% between 1st Jan and 30th Sept
GBP-USD
dropped -7.43% between 1st Jan and 23rd May
dropped -5.54% between 1st Jan and 18th Jun
dropped -10.63% between 18th Jun and 30th Sept
dropped -15.58% between 1st Jan and 30th Sept
GBP-AUD
dropped -14.74% between 1st Jan and 23rd May
dropped -12.97% between 1st Jan and 18th Jun
dropped -11.26% between 18th Jun and 30th Sept
dropped -22.77% between 1st Jan and 30th Sept
GBP-JPY
dropped -13.99% between 1st Jan and 23rd May
dropped -12.86% between 1st Jan and 18th Jun
dropped -19.33% between 18th Jun and 30th Sept
dropped -29.71% between 1st Jan and 30th Sept
GBP-CAD
dropped -8.62% between 1st Jan and 23rd May
dropped -9.94% between 1st Jan and 18th Jun
dropped -7.23% between 18th Jun and 30th Sept
dropped -16.45% between 1st Jan and 30th Sept
GBP-CHF
dropped -8.23% between 1st Jan and 23rd May
dropped -6.24% between 1st Jan and 18th Jun
dropped -11.39% between 18th Jun and 30th Sept
dropped -16.92% between 1st Jan and 30th Sept
The following is a selection of the weekly rates for a few countries against the British Pound
British Pound to Europe
GBP-EUR
1.377 05-Jan-16
1.268 23-May-16 Down -7.92% from Jan 1 to 23rd May
1.283 18-Jun-16
23 Jun 2016 Brexit
1.265 27-Jun-16
1.156 30-Sep-16
Down -16.05% since 1st January 2016
Down -9.90% since brexit
British Pound to United States
GBP-USD
1.534 05-Jan-16
1.420 23-May-16 Down -7.43% from Jan 1 to 23rd May
1.449 18-Jun-16
23 Jun 2016 Brexit
1.439 27-Jun-16
1.295 30-Sep-16
Down -15.58% since 1st January 2016
Down -10.63% since brexit
British Pound to Australia
GBP-AUD
2.205 05-Jan-16
1.880 23-May-16 Down -14.74% from Jan 1 to 23rd May
1.919 18-Jun-16
23 Jun 2016 Brexit
1.970 27-Jun-16
1.703 30-Sep-16
Down -22.77% since 1st January 2016
Down -11.26% since brexit
British Pound to Japan
GBP-JPY
185.8 05-Jan-16
159.8 23-May-16 Down -13.99% from Jan 1 to 23rd May
161.9 18-Jun-16
23 Jun 2016 Brexit
157.0 27-Jun-16
130.6 30-Sep-16
Down -29.71% since 1st January 2016
Down -19.33% since brexit
British Pound to Canada
GBP-CAD
2.042 05-Jan-16
1.866 23-May-16 Down -8.62% from Jan 1 to 23rd May
1.839 18-Jun-16
23 Jun 2016 Brexit
1.869 27-Jun-16
1.706 30-Sep-16
Down -16.45% since 1st January 2016
Down -7.23% since brexit
British Pound to Switzerland
GBP-CHF
1.507 05-Jan-16
1.383 23-May-16 Down -8.23% from Jan 1 to 23rd May
1.413 18-Jun-16
23 Jun 2016 Brexit
1.404 27-Jun-16
1.252 30-Sep-16
Down -16.92% since 1st January 2016
Down -11.39% since brexit