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The pound sterling (GBP; £ or ₤) is the official currency used in the United Kingdom. It is also used in British overseas territories, Isle of Man, Bailiwicks of Guernsey and Jersey. The pound is divided into 100 pence.
Today's coins are 1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, £1 and £2. The notes are £5, £10, £20 and £50.
As of January 2018, one pound was equal to 1.39 United States dollars.
== Etymology ==
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...