French Francs & German Marks to English Pound in 1931

  • MHB
  • Thread starter Hobo5
  • Start date
In summary, the exchange rate for French Francs to English Pounds in 1931 was 124.48 Francs to 1 Pound, while the exchange rate for German Marks to English Pounds was 20.43 Marks to 1 Pound. These rates are specific to the year 1931 and may have fluctuated over time.
  • #1
Hobo5
9
0
Gentlemen,
I would appreciate your help for the following:-

In 1931

How many French Francs make one English Pound

How many German Marks make one English Pound

Thank you for any help you may provide

Best Regards,

P.N.
 
Last edited:
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  • #2


Dear P.N.,

Thank you for your inquiry. I am happy to assist you with your questions regarding currency exchange rates in 1931.

As of 1931, the exchange rate for French Francs to English Pounds was 124.48 Francs to 1 Pound. This means that it would take approximately 124.48 Francs to equal 1 Pound.

The exchange rate for German Marks to English Pounds in 1931 was 20.43 Marks to 1 Pound. This means that it would take approximately 20.43 Marks to equal 1 Pound.

Please keep in mind that exchange rates can fluctuate over time, and the rates mentioned above are specific to the year 1931.

I hope this information is helpful to you. If you have any further questions or concerns, please do not hesitate to reach out.
 

Related to French Francs & German Marks to English Pound in 1931

1. How did the exchange rate between French Francs and English Pound change in 1931?

The exchange rate between French Francs and English Pound in 1931 was impacted by several economic factors, including the global economic depression, the devaluation of the French Franc, and the decision of the British government to abandon the gold standard. As a result, the exchange rate between the two currencies fluctuated significantly throughout the year, with the Pound experiencing a slight appreciation against the Franc.

2. What was the average exchange rate between German Marks and English Pound in 1931?

The average exchange rate between German Marks and English Pound in 1931 was approximately 20 Marks to 1 Pound. However, this rate was not consistent throughout the year, as the German Mark experienced significant inflation and devaluation due to the economic turmoil of the time.

3. How did the value of the French Franc and German Mark compare to the English Pound in 1931?

In 1931, both the French Franc and German Mark were significantly weaker than the English Pound. This was due to the economic instability and inflation in both France and Germany, while the Pound remained relatively stable due to the decision to abandon the gold standard.

4. What impact did the exchange rate have on trade between France, Germany, and England in 1931?

The fluctuating exchange rates between French Francs, German Marks, and English Pound in 1931 had a significant impact on trade between the three countries. As the Franc and Mark devalued, it became more expensive for French and German businesses to import goods from England, leading to a decrease in trade and economic activity.

5. How did the exchange rate between these currencies affect the average citizen in 1931?

The exchange rate between French Francs, German Marks, and English Pound in 1931 had a direct impact on the purchasing power of the average citizen in each country. In France and Germany, the devaluation of their currencies led to a decrease in the value of their savings and increased prices for imported goods. In England, the stable Pound allowed for more affordable imports, but also made it more expensive for British citizens to travel abroad.

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