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Currently circulating Bank of England notes. 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 all feature the portrait of Elizabeth II originally introduced in 1990.
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.
GBP (numeric: 826) Subunit: 0.01: Unit; Unit: pound: Plural: pounds: Symbol £ Denominations; Subunit 1 ⁄ 100: penny: Plural penny: pence: Symbol penny: p: Banknotes Freq. used: £5; £10; £20; £50 Rarely used: £1; £100; Coins: 1p; 2p; 5p; 10p; 20p; 50p; £1; £2; Demographics; Date of introduction: c. 800; 1224 years ago () User(s)
The pound sterling is the official currency in the United Kingdom. The Bank of England is the UK's central bank. It issues the UK's banknotes. Coins are manufactured and issued by the Royal Mint.
Summarize this article for a 10 year old. 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 slang term for a British Pound is Quid. One pound sterling is referred to as "A QUID", five pound sterling as "Five Quid" and ten pound sterling as "Ten Quid". Other names for a pound coin include a smacker, or smackeroon. The two Banknotes with other names are the "Fiver" (£5) or the "Tenner" (£10) .
The British currency is the pound sterling. The sign for the pound is. GBP = Great British Pound . We do not use the Euro. Although a few of the big shops will accept Euro, it is rarely used across Britain. Since decimalisation in 1971 , the pound has been divided into 100 pence.
