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pound sterling

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pound sterling

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Also known as GBP, British pound, pound, £, quid, sterling, Great British pound, pence

official currency of the United Kingdom and other territories

AI overview

The pound sterling is the official money used in the United Kingdom and several other territories around the world. It matters because it's one of the world's major currencies and is central to the UK's economy and international trade.

AI-generated from the Wikipedia summary — may contain errors.

In the Vinony graph

Vinony's link graph records 9,846 inbound references to pound sterling, and connects out to United States dollar, Akrotiri and Dhekelia and consumer price index.

It is catalogued under topics including Circulating currencies, Currencies of Africa and Currencies of Asia.

Vinony links it to 119 Wikipedia language editions.

Wikidata facts

Instance of
currency
Named after
sterling silver
Image
One Pound 1983 obverse.jpg
Show 19 more facts
location of creation
Royal Mint
unit symbol
£
central bank/issuer
Bank of England
Commons category
Pound Sterling
topic's main category
Category:Pound sterling
start time
1694-07-27
replaces
pound Scots
currency sign
£
applies to jurisdiction
United Kingdom
subdivision of this unit
penny
depicted by
£
price
1.246643
conversion to standard unit
1.434720229555237
replaced by
Australian pound
short name
GBP (£)
on focus list of Wikimedia project
Wikipedia:Vital articles/Level/4
native label
Pound Sterling
Sources (7)

via Wikidata · CC0

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Encyclopedic overview

Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories and formerly of the Kingdom of England. 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 in continuous use since its inception. In 2022, it was 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 the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves.

Excerpted from Wikipedia’s “pound sterling” article, available under the CC BY-SA 4.0 licence.

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