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recall july 1997 ??


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the rate was 100 to the pound ..and even made 105 very briefly ..the numbers on the cambio board were changing every 5 minutes.. i  was rolling in money.. a great time to be long timing with the honey of your choice

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July 1997?

That was just the start of the big Thai Baht crash (Asian crisis).

Rate in July jumped to 50.

Peak rates were in January 1998.

Highest I can see is 90.67 (currency market).

105 must have been very briefly, intra day?

 

http://fxtop.com/en/historical-exchange-rates-graph-zoom.php?C1=GBP&C2=THB&A=1&DD1=01&MM1=01&YYYY1=1997&DD2=31&MM2=12&YYYY2=1998&LARGE=1&LANG=en&VAR=0&MM1M=0&MM3M=0&MM1Y=0&LOG=

 

What's your source?

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