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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.
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. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights.
Bank of England notes are not legal tender in Scotland and Northern Ireland, but are always accepted by traders. The Bank of England now issues notes, all in polymer, in four denominations – £5, £10, £20 and £50.
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.
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.
Oprah Winfrey says her paycheck for “The Color Purple” was the best she’s ever earned. The media mogul portrayed Sofia in the 1985 original Steven Spielberg movie.
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.
Countries where a unit of the national currency is "pound" (dark blue) or "lira" (light blue). Pound is the name of various units of currency. It is used in some countries today and previously was used in many others.
The crown coin was nicknamed the dollar, as one United States dollar on the gold standard was worth about the same (slightly less). This meaning of "dollar" is not to be confused with the British trade dollar that circulated in East Asia . In 2014, a new world record price was achieved for a milled silver crown.
