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| | Currency name |
Pound sterling
Peuns sterling
Punt steirling
Punt Sostynagh
Poond sterling
Punnd Sasannach
Punt sterling
Livre sterling
| | ISO 4217 Code | GBP | | Official user |
8 British territories
title=8 British territories
British Antarctic Territory
Falkland Islands (alongside Falkland Islands pound)
Gibraltar (alongside Gibraltar pound)
Guernsey (local issue: Guernsey pound)
Isle of Man (local issue: Manx pound)
Jersey (local issue: Jersey pound)
Saint Helena Saint Helena, Ascension and Tristan da Cunha (alongside Saint Helena pound in Saint Helena and Ascension)
South Georgia and the South Sandwich Islands (alongside Falkland Islands pound)
| | Unofficial user | Zimbabwe | | Inflation | 4.0% (UK CPI March 2011)
4.8% (UK RPI December 2010)
−1.2% (Guernsey RPI September 2009)
−0.6% (Jersey RPI September 2009)
3.3% (Isle of Man CPI December 2009) | | Since | 8 October 1990 | | Withdrawn | 16 September 1992 (Black Wednesday) | | Pegged by | Falkland Islands pound (at par)
Gibraltar pound (at par)
Saint Helena pound (at par)
Jersey pound (local issue)
Guernsey pound (local issue)
Manx pound (local issue)
Scotland notes (local issue)
Northern Ireland notes (local issue) | | 1/100 | penny | | Symbol | £ | | Freq. used coins | 1p, 2p, 5p, 10p, 20p, 50p, £1, £2 | | Rarely used coins | £5 | | Freq. used banknotes | £5, £10, £20, £50 | | Rarely used banknotes | £1 (Scot. only), £100 (Scot. & N. Ireland only) | | Central bank | Bank of England | | Printer | printers
title=printers
frame_style=border:none; padding: 0;
English ( Wales) notes:
Bank of England
Scottish notes:
Bank of Scotland
Royal Bank of Scotland
Clydesdale Bank
Northern Irish notes:
Northern Bank
First Trust Bank
Ulster Bank
Bank of Ireland
Crown dependencies:
States of Guernsey
States of Jersey
Isle of Man Government
| | Mint | Royal Mint |
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The pound sterling (symbol: £; ISO code: GBP), commonly called the pound, is the official 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 Tristan da Cunha. It is subdivided into 100 pence (singular: penny).
Scotland, the Channel Islands (the Bailiwick of Guernsey and the Bailiwick of Jersey) and the Isle of Man produce their own local issues of sterling; see Guernsey pound, Jersey pound and Manx pound. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound) and Saint Helena and Ascension (alongside the Saint Helena pound). Gibraltar, Falkland Islands and Saint Helena pounds are separate currencies, pegged at parity to the pound sterling.
Sterling is the fourth most traded currency in the foreign exchange market, after the US dollar, the euro and the Japanese yen. Together with those three currencies it forms the basket of currencies which calculate the value of IMF Special Drawing Rights, with an 11.3% weighting . Sterling is also the third most held reserve currency in global reserves.
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