British Currency
Please note: We have mainly written about England, as that is the country within the
UK where our students live.
We would be very happy for schools and visitors to send us
information we can add to our website on Wales and Scotland....
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British Currency
Please note: We have mainly written about England, as that is the country within the
UK where our students live.
We would be very happy for schools and visitors to send us
information we can add to our website on Wales and Scotland.
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.
The pound ( ) is made up of 100 pence (p) exactly like the dollar is split into 100
cents.
The singular of pence is "penny".
The symbol for the penny is "p"; hence an amount
such as 50p is often pronounced "fifty pee" rather than "fifty pence".
We have both coins and banknotes.
Current coins are:
1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, 1 pound, and 2 pounds.
Current bank notes are:
the 5 pound note, the 10 pound
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