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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. The same symbol is used for other currencies called pound, such as the Egyptian and Syrian pounds.
The symbol for the (old) penny, "d", was replaced by "p" (or initially sometimes "np", for new pence). Thus 72 pence can be written as £0.72 or 72p; both were commonly read as "seventy-two pee". Thus 72 pence can be written as £0.72 or 72p; both were commonly read as "seventy-two pee".
The pound sterling (symbol: £; ISO 4217 currency code: GBP) is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, British Antarctic Territory, South Georgia and the South Sandwich Islands, and Tristan da Cunha. The Bank of England has a legal monopoly of banknote issuance in England and Wales.
Later, in 1966, the UK Government decided to include in the Queen's Speech a plan to convert sterling into a decimal currency. [97] As a result of this, on 15 February 1971, the UK decimalised sterling, replacing the shilling and the penny with a single subdivision, the new penny , which was worth 2.4 d .
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: €2.50, 2,50€ and 2 50.
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 ...
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The symkofibol # is known variously in English-speaking regions as the number sign, [1] hash, [2] or pound sign. [3] The symbol has historically been used for a wide range of purposes including the designation of an ordinal number and as a ligatured abbreviation for pounds avoirdupois – having been derived from the now-rare ℔.