The currency exchange rate changes on a daily basis and updated every hour. At today's rate, 2,000 GBP is about 2,600 USD.
Get live exchange rates for United Kingdom Pound to United States Dollar with XE.com's free currency converter.
Exchange rates float freely against one another, which means they are in constant fluctuation. Currency valuations are determined by the flows of currency in and out of a country.
A high demand for a particular currency usually means that the value of that currency will increase. Demand for a currency is created by tourism, international trade, mergers and acquisitions, speculation, and the perception of safety in terms of geo-political risk.
If, for example, a company in Japan sells products to a company in the United States and the U.S.-based company would have to convert dollars into Japanese yen to pay for the goods, the flow of dollars into yen would indicate a demand for Japanese yen. If the total of currency flow led to a net demand for the Japanese yen, then the yen would increase in value. Read more at Investopedia.com.
Tip! Find out where are the best places to exchange currency.