British Pound Sterling Wiki
The British Pound Sterling is the official currency of Great Britain. Including its external territories: Isle of Man, Guernsey, Saint Helena, Ascension and Tristan da Cunha, United Kingdom, Jersey. The currency code for British Pound Sterling is GBP and the currency symbol is £.
The British Pound Sterling (sign: £; code: GBP) is the currency of Great Britain.
The British Pound Sterling (GBP) is used as the official currency in Guernsey, Isle of Man, Jersey, Saint Helena, Ascension and Tristan da Cunha, United Kingdom.
The capital of Great Britain, London, uses the British Pound Sterling as its currency. Additionally, there are several other cities that use GBP either as their official currency or as an accepted form of payment Douglas, Jamestown, London, Saint Helier, St. Peter Port.
About the British Pound Sterling
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound (sign: £) 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. In British English, its most common nickname is "quid".
Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently 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. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves.The Bank of England is the central bank for sterling, issuing its own banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issued by other jurisdictions are not regulated by the Bank of England; their governments guarantee convertibility at par. Historically, sterling was also used to varying degrees by the colonies and territories of the British Empire.
With currencyconverts.com, you can convert British Pound (£) to any other foreign currency. To convert a certain amount of British Pound Sterling, use the currency converter. This page provides free online information about currency conversion or exchange rates for world fiat currencies. The exchange rate for British Pound is calculated from the mid-market real price and updates daily. Usually, people search for the GBP exchange rate before business travel to Great Britain or during a trip to other countries, and want to check the rate of British Pound in local money. On this page, you can convert British Pound Sterling to main foreign currencies, get fast access to the most commonly used amounts of GBP, or alternatively calculate any amount of British Pound Sterling in other fiat money.