How have the British maintained the strongest currency?

To my knowledge, the British have never had the world's largest economy, but they have had the strongest currency for maybe hundreds of years. I'd like to know how they've managed to do this. Thanks.|||By keeping the supply relatively low. Originally the Pound meant a pound of silver but as that came untenable it was adjusted to a fiat currency like almost every other nations. The value of a fiat currency is determined by the supply of the currency and the demand of the currency. Demand for the pound is strong because investors have faith in the UK government and the governement keeps the supply low enough for it to be valued higher.





It is important to note however that the value of a currency is meaningless. A Mexican peso is worth way more that the Japanese Yen but Japan's economy and standard of living are way higher. If the US changed its base away from the Dollar and instead made the Penny the base (making a dollar 100 pennies) it would have a low valued base but it would have no effect on the economy and would essentiall just remove the decimal point from prices.





What matters are RELATIVE changes. So if the Pound become more valuable relative to the Dollar then that has an effect of the trade balances between the two countries but there is no change if they both stay the same relative to one another.|||the uk is behind austalia new zealand canada bahrain kuwait and the usa. the rothchilds throne is where? right there in london, the bank of england the first centrall bank in the world was takin over by the rothchilds so britain gets a piece of the pie secretly from all of the major economies

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|||The UK have NOT maintained the strongest currency. Not sure why you'd even think that. The Euro has outperformed the Pound since the Euro was created. The US dollar has usually been stronger than the Pound in modern history, and has more than quadrupled its value versus the pound over the past century, I believe (the Pound was once equal to 8 dollars).





I hope you are not being fooled by the fact that one Pound equals more than one dollar or Euro. That nominal exchange rate means absolutely nothing, it's just an accident of history. "Strength" or "weakness" in a currency refers ONLY to its changes in relative value versus other currencies over some period of time.