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  1. Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word pound is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling.

  2. The pound sterling (GBP; £ or ₤), also called just the pound, is the official currency used in the United Kingdom. It is also used in British overseas territories and the British Crown dependencies of the Isle of Man, Bailiwicks of Guernsey and Jersey. The pound is divided into 100 pence.

  3. May 21, 2024 · pound sterling, the basic monetary unit of Great Britain, divided (since 1971) decimally into 100 new pence. The term is derived from the fact that, about 775, silver coins known as “sterlings” were issued in the Saxon kingdoms, 240 of them being minted from a pound of silver, the weight of which.

  4. Feb 14, 2014 · With a credible claim to be the oldest living currency in the world, the pound has accompanied Britons through much of their march through history. But is Scotland soon to end its use of the unit?

  5. Prior to decimalisation in 1971, there were 12 pence (written as 12d) in a shilling (written as 1s or 1/-) and 20 shillings in a pound, written as £1 (occasionally "L" was used instead of the pound sign, £). There were therefore 240 pence in a pound.

  6. The pound ( sign: £) is the main unit of sterling, [ 2] and the word "pound" is also used to refer to the British currency generally, [ 3] often qualified in international contexts as the British pound or the pound sterling. [ 2][ 3] In British English, its most common nickname is " quid ."

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