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Pound sterling is the official currency of the United Kingdom and its territories.
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.
Economic charts. GDP year-on-year growth, 1949–2020. Workforce distribution in Great Britain 1841–1911, and in England and Wales 1921–2011.
GBP/USD. 1.2167374-0.57% ... tired of working and have very little savings — is it possible to live off Social Security alone? ... and multi-decade charts of market ...
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The market convention is to quote most exchange rates against the USD with the US dollar as the base currency (e.g. USDJPY, USDCAD, USDCHF). The exceptions are the British pound (GBP), Australian dollar (AUD), the New Zealand dollar (NZD) and the euro (EUR) where the USD is the counter currency (e.g. GBPUSD, AUDUSD, NZDUSD, EURUSD).