What will be the closing value of the British pound to US dollar exchange rate on 12 May 2023?
Closed May 12, 2023 07:01AM UTC
Fears of a UK recession, inflation, and the impact of government fiscal policy has seen the British pound fall to its lowest level versus the US dollar since the UK's decimalization in 1971 (Guardian, CNBC, Historic UK). The outcome will be determined using data as reported by Google Finance (Google Finance, set to "6M").
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The question closed "1.20 or higher" with a closing date of 12 May 2023.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Lower than 0.90 | 0% | |
| Between 0.90 and 0.95, inclusive | 0% | |
| Higher than 0.95 but lower than 1.00 | 0% | |
| Between 1.00 and 1.05, inclusive | 0% | |
| Higher than 1.05 but lower than 1.10 | 0% | |
| Between 1.10 and 1.15, inclusive | 1% | |
| Higher than 1.15 but lower than 1.20 | 1% | |
| 1.20 or higher | 98% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 56 |
| Average for questions older than 6 months: 206 | |
| Number of Forecasts | 459 |
| Average for questions older than 6 months: 586 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
