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Pound sterling is the currency of the United Kingdom (UK). The sign for the pound is £ (or rarely just "L"). Both symbols derive from libra, the Latin word for "pound ". The standard currency code is GBP = Great Britain Pound. The pound sterling is one of the world`s most widely traded currencies along with the United States dollar, the Japanese yen and the euro.
In the UK, in order to distinguish the unit of currency from the unit of weight, a pound is sometimes referred to more formally as a pound sterling or sometimes simply sterling. The slang term quid is also substituted in informal conversation for "pound(s) sterling".
Denominations. One pound is divided into 100 pence, the singular of which is "penny". The symbol for the penny is "p"; hence coins are often pronounced "pee" rather than "penny" or "pence".
Coins come in the following denominations: One pence (a penny) or (one pee), two pence (two pee), five pence, ten pence, twenty pence, fifty pence. · One pound (a quid) · Two pounds (two quid)
Notes come in the following denominations: £5 note, £10 note, £20 note, £50 note. Scotland even has a £100 note. There are no Welsh banknotes in circulation. Strangely, you can use the euro in some of the larger shops, especially in London, for example Marks and Spencers have dual pricing, but you get your change in Sterling.
If an amount of money consists of both pounds and pence, we write the pound symbol and separate the pounds and the pence with a full stop. We do not write 'p' after the pence. For example: 'six pounds fifty pence' - '£6.50'. When saying aloud an amount of money that consists of pounds and pence, we do not usually say the word 'pence'. For example: '£6.50' - 'six pounds fifty'.
Symbols The Britannia image was on British coins for centuries. Her image (Queen Elizabeth-II) first appeared on the copper farthing back in 1672.
The Bank of England issues banknotes, and works to maintain a stable financial system.
Currency – валюта pound – фунт distinguish – различить refer - ссылаться denomination - наименование coin – монета note – банкнота dual –двойной amount – сумма maintain – сохранить
I Answer the questions
1 What is the currency of the UK? How is it signed? 2 Why is the sign for the pound “L”? 3 How is the pound called in informal conversation? 4 How much pence are there in a pound? 5 Are there Welsh banknotes in circulation?
II Read correctly
L27.30; L11.50; L182.13; L378.05
Всеосвіта є суб’єктом підвищення кваліфікації.
Співпраця із закладами освіти.
Дізнатись більше про сертифікати.