POUND STERLING

Pound Sterling - commonly known as the pound, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory,and Tristan da Cunha.It is subdivided into 100 pence

Why pound sterling?

• Pound of sterling silver
• It came from norman silver penny around 1300
• Walter de Pinchebek's theory

The name was finally fixed in 1964, when the Bank of England issued banknotes.

Nowadays, there exist 10 coins: 1p, 2p, 5p, 10p, 20p, 50p, 1£ and 2£
Four banknotes: 5£, 10£, 20£, 50£

As you can see pound sterling is one of the most expensive currencies and now in Russian rubles it is over 68rub