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Learn what an exchange rate is and how it is determined by different factors, such as supply and demand, government policies, and market conditions. Compare and contrast various exchange rate regimes, such as floating, fixed, and hybrid, and their implications for currency values and trading.
Pound sterling is the official currency of the United Kingdom and some of its territories. The symbol for pound is £ and the subunit is pence, abbreviated as p. Learn about the history, coins, banknotes, and monetary policy of pound sterling.
Learn about the history, design and issuance of the pound sterling banknotes, the official currency of the UK and some of its territories. Find out the current and past denominations, colours, dimensions and features of the £10 note and other banknotes.
Learn about the global decentralized market for trading currencies, its history, characteristics, and participants. Find out how foreign exchange rates are determined, how they affect international trade and investments, and how they are used for speculation and hedging.
Learn about the concept, evolution and classification of currency, a standardization of money in any form, in use or circulation as a medium of exchange. Explore the origins and features of different monetary systems, such as fiat, commodity and representative money, and the role of coins, banknotes and digital currencies.
Learn about the history, features, and uses of the U.S. dollar, the official currency of the United States and several other countries. Find out how the dollar is linked to gold, pegged to other currencies, and used in international transactions.