Q:

What is 5.95 dollars in pounds?

A:

Quick Answer

As of July 28, 2014, $5.95 is equal to 3.5048 British pounds. The bank exchange rate on this date is 0.5891 pounds for a dollar, but street exchange rates may be subject to a commission.

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Full Answer

Exchange rates are the cost of one currency in another currency. Because one country's currency may not be accepted elsewhere, it is important to research conversion rates if you plan on traveling abroad. Exchange rates are determined by whether a currency is floating, or worth whatever buyers are willing to pay for it, or pegged to another currency. Multiple economic forces also affect conversion rates.

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