The pound suffered its worst annual decline since 2016 against the dollar

Value of £1 in dollars

$1.4

1.3

1.2

24 February 2022

Russia invades Ukraine

1.1

23 September 2022

Kwasi Kwarteng announces mini budget

1.0

Jan

2022

Mar

May

Jul

Sep

Nov

$1.5

1.4

1.3

1.2

24 February 2022

Russia invades Ukraine

1.1

23 September 2022

Kwasi Kwarteng announces mini budget

1.0

January 2022

March

May

July

September

November

Guardian graphic. Source: Refinitiv. Note: last traded price