?1 = $2, Has the World Gone Mad?

?500 = $1000

$1000 = ?500

This is amazing in this day and age!
People in the UK will be buying $’s by the barrel load at present. I know I would!

Think of this on a wage scale – if you currently get paid ?50,000 in the UK that would equate $100,000 in the US – again an amazing difference.

What factors could contribute to such a difference in monetary values?