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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. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception.
- GBP (numeric: .mw-parser-output .monospaced{font-family:monospace,monospace}826)
- £
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 the Egyptian and Syrian pounds.
- .mw-parser-output .monospaced{font-family:monospace,monospace}U+00A3 £ POUND SIGN (£)
- U+20A4 ₤ LIRA SIGN, U+0023 # NUMBER SIGN
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May 9, 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 was probably about equal to the later troy pound.
The pound sign has its roots in the British currency symbol, which represents the pound sterling. The symbol, an ornate L with a line through it, dates back to the 8th century when it was used to denote the weight of a pound of silver. Over time, it evolved into the symbol we recognize today.
A pound coin originally weighed one troy pound of sterling silver, giving the currency the name "pound sterling". "Sterling silver" means mixed metal that has 92.5% or more real silver. One pound sterling was originally divided by 240 sterling pence. This was because there are 240 pennyweights in a troy pound. So a single one–pound coin ...
Sep 9, 2019 · A pound sterling was a tower pound of silver, but the standard was changed to the Troy pound in 1528. The tower pound, merchant's pound, and London pound are all obsolete units. The Imperial Standard Pound is defined as having a mass equal to 0.45359237 kilograms, which matches the definition of the international pound, as agreed upon (although ...
Oct 25, 2018 · While the word Libra has long since been discarded, it makes its presence felt in both the £ symbol, an ornate L, and the abbreviation for the unit of mass, lb. Much like the Roman system, the pound was divided into 20 shillings, a Roman solidus, and 240 silver pennies, the equivalent to a denarius.
