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Planning a trip to United Kingdom (UK)? ? Then you will need Britain Pound (GBP) to make payments for your daily expenses.
The GBP is the official currency of the United Kingdom, which includes England, Scotland, Wales, and Northern Ireland.
The GBP is also referred to as the pound sterling, and is abbreviated as "£".
The pound is one of the oldest currencies in the world, dating back to Anglo-Saxon times. After the US dollar, the EUR, and the JPY, it is the fourth most traded currency in the world.
The Bank of England is responsible for issuing and regulating the supply of GBP. It has issued a variety of banknotes featuring famous figures from British history, including William Shakespeare, Winston Churchill, and Jane Austen.
The pound is divided into 100 pence.
The GBP is available in the following denominations of banknotes and coins:
Banknotes: £5 (rarely used), £10, £20, £50
Coins: 1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, £1, £2
Countries Accepting the Pound
Here is a list of the countries and territories accepting the Great British Pound (GBP) as a form of payment:
Again, it's important to note that acceptance of GBP may vary depending on the country, and it's always a good idea to check the local currency and exchange rate before making transactions.
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travelers going to all countries other than (a) (b) and (c) below are allowed to purchase foreign currency notes / coins only up to USD 3000 per visit. Balance amount can be carried in the form of store value cards.
Exceptions to this are:Travelling to United Kingdom (UK)? Find answers to all your questions related to Britain Pound (GBP) .