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The £ grapheme in a selection of fonts The pound sign (£) is the symbol for the pound unit of sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Great Britain and of the Kingdom of England.
Pound is a name of various units of currency. It is used in some countries today and previously was used in many others. It is used in some countries today and previously was used in many others. The English word "pound" derives from the Latin expression lībra pondō , in which lībra is a noun meaning 'pound' and pondō is an adverb meaning ...
Following the 2007–2008 financial crisis, sterling depreciated sharply, declining to £1 to US$1.38 on 23 January 2009 [118] and falling below £1 to €1.25 against the euro in April 2008. [119] There was a further decline during the remainder of 2008, most dramatically on 29 December when its euro rate hit an all-time low at €1.0219 ...
Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
The UK government devalued the pound sterling in November 1967 from £1 = $2.80 to £1 = $2.40. This was not welcomed in many parts of the sterling area, and, unlike in the 1949 devaluation, many sterling area countries did not devalue their currencies at the same time. This was the beginning of the end for the sterling area.
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
In 2012, Northern Bank adopted the name of its Copenhagen-based parent company Danske Bank Group and rebranded its retail banking operation. [128] [129] In June 2013 the bank issued a new series of £10 and £20 notes bearing the new brand name; at the same time it also announced that it would cease production of £50 and £100 notes. Older ...
Another choice of name is some form of derivative of the political entity. The Afghan afghani and European euro fall into this category. Sometimes the name is simply the name of the metal of which the coins were or are made, such as Polish złoty ("golden") and Vietnamese đồng ("copper"), or its geographical origin, e.g. Joachimsthaler (see ...