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The pound sterling (symbol: £; ISO 4217 currency code: GBP) is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, British Antarctic Territory, South Georgia and the South Sandwich Islands, and Tristan da Cunha.
The origin of £/L, s, and d were the Latin terms Libra, meaning a pound weight (with the £ sign developing as an elaborate L), solidus (pl. solidi), 20 of which made up one Libra, and denarius (pl. denarii), 240 of which made up one Libra with 12 being equal to one solidus. These terms and divisions of currency were in use from the 7th century.
Bank of England £20 note. The Bank of England £20 note is a sterling banknote. It is the second-highest denomination of banknote currently issued by the Bank of England. The current polymer notes, first issued on 5 June 2024, bears the image of King Charles III on the obverse. The other note first issued on 20 February 2020, bears the image ...
Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen.
A variety of currencies are tender in the United Kingdom, its overseas territories and crown dependencies. This list covers all of those currently in circulation. Issued under a licence of the Bank of England to four retail banks : Bank of Ireland, First Trust Bank, Danske Bank (formerly Northern Bank) and Ulster Bank.
Since 1970, the Bank of England's notes have featured portraits of British historical figures. Of the eight banks authorised to issue sterling notes in the UK, only the Bank of England can issue banknotes in England and Wales, where its notes are legal tender.
British coins are minted by the Royal Mint in Llantrisant, Wales. The Royal Mint also commissions the coins' designs. In addition to the circulating coinage, the UK also mints commemorative decimal coins ( crowns) in the denomination of five pounds.
The Bank of England 10 shilling note (notation: 10/– ), colloquially known as the 10 bob note, was a sterling banknote. Ten shillings in £sd (written 10s or 10/–) was half of one pound. The ten-shilling note was the smallest denomination note ever issued by the Bank of England.
The Bank of England £50 note is a sterling banknote. It is the highest denomination of banknote currently issued for public circulation by the Bank of England. [note 1] The current note, the second of this denomination to be printed in polymer, entered circulation on 5 June 2024. [1] It bears the images of King Charles III and late Queen ...
The British shilling, abbreviated "1s" or "1/-", was a unit of currency and a denomination of sterling coinage worth of one pound, or twelve pence. It was first minted in the reign of Henry VII as the testoon, and became known as the shilling, from the Old English scilling, [1] sometime in the mid-16th century. It circulated until 1990.
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