British Culture  
by Mandy Barrow
 
  HOMEPAGE :Guestbook : Follow me on Twitter  
 

 

pound iconBritish Currency
 

Money Quiz | New coins in circulation

The British currency is the pound sterling. The sign for the pound is pound sign

GBP = Great British Pound pound sign

We do not use the Euro. Although a few of the big shops will accept Euro, it is rarely used across Britain.

Since decimalisation in 1971 , the pound has been divided into 100 pence.

The pound (pound sign) 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.

New coins revealed April 2008

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

More about British Currency More about British currency

Find out more about our old money go to old money


Search our website with Google Search - No Advertisements

Google
Search woodlands-junior.kent.sch.uk

 

back to the top
Events and special days in the UK
British Life
Pooh down the River Thames
Flat Stanley
British History
Click here to see us on Twitter

About Us | Search | Site Map | Feedback | User Information | Contact Us

© Copyright - please read
All the materials on these pages are free for educational use only. You may not redistribute, sell or place the content of this page on any other website or blog without written permission from Mandy Barrow, Woodlands Junior School. If you have any questions about the use of these materials please email us.

© Copyright 2010 Mandy Barrow - Terms & Conditions
Woodlands Junior School, Hunt Road Tonbridge Kent TN10 4BB UK