Tuesday, 19 February 2008
The pound sterling (symbol: £; ISO code: GBP), subdivided into 100 pence (singular: penny), is the currency of the United Kingdom, its Crown dependencies (the Isle of Man and the Channel Islands) and the British Overseas Territories of South Georgia and the South Sandwich Islands, British Antarctic Territory and British Indian Ocean Territory.
To all my co-filipino's or any other nationality, if you are curious about the British money are, then here you can see how it looks and help recognised each of it. It will be a good guide for you before visiting Great Britain. Know the currencies, recognise and identify the value so you would not sound so ignorant when you come and visit the country. Do you know that our banknotes here in England have different sizes. Fromt he biggest amount to the smallest, size wise are in the same range too. Hence, the highest notes is £50.
The pound () is made up of 100 pence (p) exactly like the dollar is split into 100 cents.
The singular of pence is "penny". The symbol for the penny is "p"; hence an amount such as 50p is often pronounced "fifty pee" rather than "fifty pence".
We have both coins and banknotes.
Current coins are:
1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, 1 pound, and 2 pounds.
Current bank notes are:
the 5 pound note, the 10 pound note, the 20 pound note and the 50 pound note.
Old money conversions to money used today
Six pence - 2½p
One shilling (or 'bob') - 5p
Half a crown (2 shillings and sixpence) - 12½p
One guinea - £1.05
Read more here..........