Please can anyone tell me where I can find the US dollar exchange rate for October 1986
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www.oanda.com
I second that. I use www.oanda.com every day, dozens of times a day. You can get averages for various time periods too, such as the whole month of October if you don't have a precise date.
Oanda
www.oanda.com has an FX history area where you can search for past rates. October 86 is in there
Fantastic site for exchange rates
Foreign exchange rates
The Bank of England site has a database of exchange rates. Worth a look.