What are the British Currency

Britain, the country that was said by the empire to miss the sun and its currency is the pound sterling said to him also GBP .ganah sterling and has the symbol (£), known simply as the pound (GBP), which is the official currency of the United Kingdom and includes countries such as Wales and Scotland Northern Ireland and the Isle of Man and Ankltrau South Georgia and South Sandwich Islands and the British Antarctic territory and Tristan Sterling is divided into 100 pence. (Penny shark equivalent of us) The Sterling and its own banknotes previously backed with silver and gold, but it is currently powered system the British economy in areas that deal done. The pound sterling is one of the most actively traded currencies in the currency exchange markets Alojetbih in most global markets comes after the dollar directly parallel with the euro and the Japanese yen and in many countries are sterling of reserve currencies Halmkhozon currencies backup.

The launch of the race name pounds process so as to distinguish it from the rest of the currencies of the same name (the pound) Studies show that the name of pounds were fired at this currency in the era of (Anglo-Saxon), which was Tsk of silver and is said to be the word sterling means pence silver and so it was in the era and the age of the Normans in Britain .otrdja apse sterling origins to the reign of a king there and named Ufa bin Mercia. After that came a pound Scottish equivalent value of the pound sterling .oostkhaddm value of the pound sterling in most of the colonies of Britain and was used as well as the local currencies of those colonies Mthelal in Canada in addition to the Canadian dollar and the British pound is used as well as in Australia it is used with the local currency.

In 1940 and it praised the Second World War period Britain has agreement with the United States linking the pound sterling to the US dollar and the so-called Bretton Woods system and the value of the pound was $ 4.03 With the collapse of the Bretton Woods system was to float the pound sterling.

The pound has been divided into several categories mentioned will come on now. It was divided GBP or Pound Sterling hundred pence, and was formerly divided the pound to 20 pence Hlmn all 12 shillings. When unite Europe economically rejected the UK pound sterling and refused to join the euro currency and remained on the GBP