Why is the British Pound steadily losing value over time vs the Australian and New Zealand Dollar?

Question

Not so long ago I remember the AUD being roughly $2.50 to £1GBP and the NZD approx $3.00 to £1GBP, now it's closer to $2.05AUD/£1GBP and $2.50NZD/£1GBP. Why does the Pound remain strong against the US dollar yet continues to weaken in other areas?

Answer 1

The Aussies are clamp down on Inflation. Their Central Bank Rate is 7.25%.  That makes owning Aussie Dollars a better option than British Pounds by a mile. The NZ Rate is 8.25%..

Bank of Canada 3%

Bank of England 5%

Bank of Japan 0.5%

European Central Bank 4%

Federal Reserve 2%

Swiss National Bank 2.75%

The Reserve Bank of Australia 7.25%

New Zealand 8.25%

Answer 2

a simple answer would be that the rate of inflation is greater in the US followed by GB then AUS/NZ.  less inflation = more buying power