1. The user states an equivalence between currencies: £1 = $. 2. This is a currency conversion statement, not a math problem involving algebra or equations. 3. Since the user did not provide a numeric value for the dollar equivalent, no further calculation can be done. 4. If you want to convert £1 to dollars, you need the current exchange rate, which varies over time. 5. For example, if £1 = 1.25 dollars, then the conversion is simply multiplying the amount in pounds by 1.25. 6. Without a numeric exchange rate, this is just a statement of equivalence symbolically. 7. Please provide a numeric exchange rate or a math problem for further assistance.