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The pound (sign: £) is the main unit of sterling, [4] and the word pound is also used to refer to the British currency generally, [5] often qualified in international contexts as the British pound or the pound sterling. [4] Sterling is the world's oldest currency in continuous use since its inception. [6]
The pound sterling banknotes in current circulation consist of Series G Bank of England notes in denominations of £5, £10, £20 and £50. The obverse of these banknotes issued through 4 June 2024 feature the portrait of Elizabeth II originally introduced in 1990. Starting on 5 June 2024, the Bank of England began issuing notes featuring a ...
6d. £0.025. 1547–1970; circulated from 1971 to 1980 with a value of two and a half decimal pence. Also called "tanner", sometimes "tilbury", [ 5 ] or "joey" after the groat was no longer in circulation. [citation needed] Shilling. 1/-. £0.05. 1502–1970, circulated from 1971 to 1990 with a value of five decimal pence.
It is used in some countries today and previously was used in many others. The English word "pound" derives from the Latin expression lībra pondō, in which lībra is a noun meaning 'pound' and pondō is an adverb meaning 'by weight'. 1 2 The currency's symbol is '£', a stylised form of the blackletter 'L' ( ) (from libra), crossed to ...
In addition to the circulating coinage, the UK also mints commemorative decimal coins in the denomination of five pounds, ceremonial Maundy money in the denomination of 1, 2, 3 and 4 pence in sterling (.925) silver and bullion coinage of gold sovereigns, half sovereigns, and gold and silver Britannia coins are also produced. Some territories ...
The £ grapheme in a selection of fonts. The pound sign (£) is the symbol for the pound unit of sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Great Britain and of the Kingdom of England. The same symbol is used for other currencies called pound, such as ...
Guernsey pound (local, government-issued sterling banknotes and coins) Alderney pound (local, government-issued commemorative coins) Issued by license of the Bank of England to the Treasury and Resources Department, States of Guernsey. Isle of Man. Manx pound (local, government-issued sterling banknotes and coins)
t. e. Decimal Day (Irish: Lá Deachúil) [1] in the United Kingdom and in Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence. Before this date, the British pound sterling (symbol "£") was subdivided into 20 shillings, each of 12 (old) pence, a total of 240 ...
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