£ Sterling (Hansard, 5 April 1976)

§ Mr. Nicholas Winterton
asked the Chancellor of the Exchequer if he will publish a list showing the value of the £ sterling on 1st January for each of

End— U S dollar French franc Deutsche- mark Lira Swiss franc Danish kroner

1956 … … 2.7856 975.0^* 11.697 1,740.9 11.936 19.260

1957 … … 2.8094 1,179.7^* 11.805 1,755.6 12.038 19.424

1958 … … 2.8025 1,374.9^* 11.709 1,748.8 12.073 19.354

1959 … … 2.8000 1,374.5^* 11.676 1,737.7 12.104 19.342

1960 … … 2.8039 13.746 11.694 1,740.0 12.066 19.340

1961 … … 2.8082 13.760 11.221 1,742.3 12.115 19.323

1962 … … 2.8025 13.733 111.95 1,738.9 12.104 19.329

1963 … … 2.7966 13.707 11.116 1,740.6 12.066 19.308

1964 … … 2.7901 13.672 11.094 1,743.1 12.038 19.294

1965 … … 2.8028 13.736 11.228 1,750.9 12.104 19.291

1966 … … 2.7902 13.814 11.094 1,742.7 12.071 19.265

1967 … … 2.4063 11.814 9.614 1,500.5 10.401 17.930

1968 … … 2.3844 11.792 9.538 1,486.8 10.258 17.878

1969 … … 2.4007 13.333 8.856 1,504.0 10.365 17.974

1970 … … 2.3937 13.209 8.727 1,490.9 10.3000 17.912

1971 … … 2.5522 13.313 8.340 1,515.0 9.9880 18.023

1972 … … 3.3481 12.015 7.515 1,367.3 8.8490 16.065

1973 … … 2.3235 10.914 6.279 1,411.5 7.5490 14.594

1974 … … 2.3495 10.414 5.654 1,525.5 5.9350 13.240

1975 … … 2.0233 9.038 5.299 1,382.9 5.3025 12.484

End— Swedish kroner Belgian franc Dutch guilder Yen S A rand (pound to 1961)

1956 … … … … 14.429 139.89 10.669 1,005.04 1.005

1957 … … … … 14.553 140.53 10.650 1,010.54 1.005

1958 … … … … 14.517 139.68 10.579 1,008.06 1.005

1959 … … … … 14.518 139.83 10.556 1,005.76 1.005

1960 … … … … 14.506 139.33 10.571 1,004.64 1.005

1961 … … … … 14.536 139.77 10.110 1,016.01 2.009

1962 … … … … 14.518 139.46 10.088 1,003.86 2.009

1963 … … … … 14.515 139.35 10.068 1,012.37 20.09

1964 … … … … 14.329 138.46 10.020 999.69 20.09

1965 … … … … 14.504 139.14 10.120 1,011.53 2.009

1966 … … … … 14.439 139.64 10.080 1,011.45 2.009

1967 … … … … 12.408 119.37 8.649 870.84 1.721

1968 … … … … 12.338 119.52 8.587 852.90 1.720

1969 … … … … 12.394 119.22 8.697 858.97 1.722

1970 … … … … 12.356 118.89 8.606 855.90 1.717

1971 … … … … 12.390 114.18 8.299 803.65 1.953

1972 … … … … 11.133 103.45 7.576 707.50 1.838

1973 … … … … 10.638 95.95 6.551 650.38 1.559

1974 … … … … 9.581 84.70 5.885 706.75 1.620

1975 … … … … 8.900 79.95 5.429 617.37 1.759

^* Old french franc

§ Mr. Henderson
asked the Chancellor of the Exchequer if he will list in the Official Report the change in exchange rate from January 1970 to the most recent convenient date between the £ sterling and the currencies of all other countries which are members of the United Nations Organisation, indicating the percentage
84W
the last 20 years for each of the following currencies: (1) US dollar, (2) French franc, (3) German mark, (4) Italian lira, (5) Swiss franc, (6) Danish kroner, (7) Swedish kroner, (8) Belgian franc, (9) Dutch guilder, (10) Japanese yen, and (11) South African rand.

§ Mr. Dell
Information about the various exchange rates is not available for 1st January for the years in question but the rates at end-December for the past 20 years were as follows:
devaluation or revaluation as appropriate in each case.

§ Mr. Dell
The required information for all countries that are members of the United Nations would involve disproportionate time and effort; the average of the daily exchange rates of the major 85W currencies in January 1970 and February 1976 were as follows:

January 1970 February 1976 Percentage depreciation (-) or appreciation (+)

United States dollar … … … 2.4005 2.0262 -15.6

Canadian dollar … … … 2.5755 2.0142 -21.8

Belgian franc … … … 119.25 79.23 -33.6

Swiss franc … … … 10.356 5.2042 -49.7

French franc … … … 13.329 9.0614 -32.0

Italian lira … … … 1,510.0 1,554.42 + 2.9

Netherlands guilder … … … 8.720 5.395 -38.1

Deutschemark … … … 8.849 5.188 -41.4

Swedish kronor … … … 12.399 8.861 -28.5

Norwegian kroner … … … 17.162 11.188 -34.8

Danish kronor … … … 17.990 12.440 -30.9

Austrian schilling … … … 62.08 37.03 -40.4

Portuguese escudos … … … 68.32 55.60 -18.6

Japanese yen … … … 858.61 610.97 -28.8

End—			U S dollar	French franc	Deutsche- mark	Lira	Swiss franc	Danish kroner
1956	…	…	2.7856	975.0^*	11.697	1,740.9	11.936	19.260
1957	…	…	2.8094	1,179.7^*	11.805	1,755.6	12.038	19.424
1958	…	…	2.8025	1,374.9^*	11.709	1,748.8	12.073	19.354
1959	…	…	2.8000	1,374.5^*	11.676	1,737.7	12.104	19.342
1960	…	…	2.8039	13.746	11.694	1,740.0	12.066	19.340
1961	…	…	2.8082	13.760	11.221	1,742.3	12.115	19.323
1962	…	…	2.8025	13.733	111.95	1,738.9	12.104	19.329
1963	…	…	2.7966	13.707	11.116	1,740.6	12.066	19.308
1964	…	…	2.7901	13.672	11.094	1,743.1	12.038	19.294
1965	…	…	2.8028	13.736	11.228	1,750.9	12.104	19.291
1966	…	…	2.7902	13.814	11.094	1,742.7	12.071	19.265
1967	…	…	2.4063	11.814	9.614	1,500.5	10.401	17.930
1968	…	…	2.3844	11.792	9.538	1,486.8	10.258	17.878
1969	…	…	2.4007	13.333	8.856	1,504.0	10.365	17.974
1970	…	…	2.3937	13.209	8.727	1,490.9	10.3000	17.912
1971	…	…	2.5522	13.313	8.340	1,515.0	9.9880	18.023
1972	…	…	3.3481	12.015	7.515	1,367.3	8.8490	16.065
1973	…	…	2.3235	10.914	6.279	1,411.5	7.5490	14.594
1974	…	…	2.3495	10.414	5.654	1,525.5	5.9350	13.240
1975	…	…	2.0233	9.038	5.299	1,382.9	5.3025	12.484

End—					Swedish kroner	Belgian franc	Dutch guilder	Yen	S A rand (pound to 1961)
1956	…	…	…	…	14.429	139.89	10.669	1,005.04	1.005
1957	…	…	…	…	14.553	140.53	10.650	1,010.54	1.005
1958	…	…	…	…	14.517	139.68	10.579	1,008.06	1.005
1959	…	…	…	…	14.518	139.83	10.556	1,005.76	1.005
1960	…	…	…	…	14.506	139.33	10.571	1,004.64	1.005
1961	…	…	…	…	14.536	139.77	10.110	1,016.01	2.009
1962	…	…	…	…	14.518	139.46	10.088	1,003.86	2.009
1963	…	…	…	…	14.515	139.35	10.068	1,012.37	20.09
1964	…	…	…	…	14.329	138.46	10.020	999.69	20.09
1965	…	…	…	…	14.504	139.14	10.120	1,011.53	2.009
1966	…	…	…	…	14.439	139.64	10.080	1,011.45	2.009
1967	…	…	…	…	12.408	119.37	8.649	870.84	1.721
1968	…	…	…	…	12.338	119.52	8.587	852.90	1.720
1969	…	…	…	…	12.394	119.22	8.697	858.97	1.722
1970	…	…	…	…	12.356	118.89	8.606	855.90	1.717
1971	…	…	…	…	12.390	114.18	8.299	803.65	1.953
1972	…	…	…	…	11.133	103.45	7.576	707.50	1.838
1973	…	…	…	…	10.638	95.95	6.551	650.38	1.559
1974	…	…	…	…	9.581	84.70	5.885	706.75	1.620
1975	…	…	…	…	8.900	79.95	5.429	617.37	1.759
^* Old french franc

				January 1970	February 1976	Percentage depreciation (-) or appreciation (+)
United States dollar	…	…	…	2.4005	2.0262	-15.6
Canadian dollar	…	…	…	2.5755	2.0142	-21.8
Belgian franc	…	…	…	119.25	79.23	-33.6
Swiss franc	…	…	…	10.356	5.2042	-49.7
French franc	…	…	…	13.329	9.0614	-32.0
Italian lira	…	…	…	1,510.0	1,554.42	+ 2.9
Netherlands guilder	…	…	…	8.720	5.395	-38.1
Deutschemark	…	…	…	8.849	5.188	-41.4
Swedish kronor	…	…	…	12.399	8.861	-28.5
Norwegian kroner	…	…	…	17.162	11.188	-34.8
Danish kronor	…	…	…	17.990	12.440	-30.9
Austrian schilling	…	…	…	62.08	37.03	-40.4
Portuguese escudos	…	…	…	68.32	55.60	-18.6
Japanese yen	…	…	…	858.61	610.97	-28.8