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How is the exchange rate between the pound and the dollar converted?
Generally, the direct exchange rate between US dollar and British pound is expressed in British pound, with British pound in the front and US dollar in the back. Of course, it is more appropriate to trade the varieties of pounds and dollars when the two currencies are most active.

After 1 and 14 in the afternoon, Europe opened and the pound became active.

2. At 2 1:30 pm, North America opened and the US dollar became active.

3. Specific main time nodes: non-agricultural eve, European Federal Reserve's interest rate decision, Federal Reserve's account opening, etc.

Matters needing attention in exchanging foreign exchange

China residents have a foreign exchange quota of US$ 50,000 per year. A person's $50,000 can't exceed this limit. If it is within the limit, you can directly exchange it with your ID card at the bank. If it exceeds the equivalent of US$ 50,000, it is not actually a refusal to exchange, but a proof of authenticity to prove the use of exchanging and withdrawing foreign currency cash.

Of course, this is only a theoretical method. Usually more than $654.38+$00,000, even if it does not exceed $50,000, the bank will ask in detail and ask for relevant information. We can't help asking, because the People's Bank of China needs to confirm the authenticity of the transaction, and there is nothing wrong.