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TeganGrace!

Who do you use UK money?

Me and my sister are going on a trip there as soon as i'm 17 and i heard that they're money is a bit diffrent, but how?
Additional Details
i'm coming from Atlanta Georgia.
So i'm not so sure how that goes.
but i'm learning :)

    



Show all answers


dexmorgan24
Rating
Assuming that you're traveling from the US, then yes it is a bit different but not a lot.

British currency is the Pound (forex code GBP, written as £ and NEVER #). Each pound is worth about $2, and is divided into 100 pence (pennies).

There are coins for 1, 2, 5, 20 and 50 pence plus £1 and £2. Banknotes are for £5, £10, £20 and £50. They are much more colorful than dollar bills.

If you are traveling to England then it should be easy, but Scotland has different banknotes which can be difficult to change back into dollars.


Liam
Rating
You are funny. We use a different currency, named Pounds Sterling or GPB. At the moment I believe that the exchange rate is almost exactly half. Basically, £1 = $2.


David S
Rating
My money is just a little different; I print it myself each night on my Marks and Spencer printer


scotland_rockers
Rating
the uk money is called the "pound" and it looks like this

£

today (22nd jan, at 5.10pm uk time) it's

$1 = £ 0.50
£0.50 means 50 pence wich is half a pound.


the rest of euorpe uses the "euro" witch look like

€

the exchange rate fro that is

$1 = €0.68
€0.68 is 68 cent


hope this helps^^^^ =]


Basement Bob
Rating
You are the ones using different money. The pound sterling was in use before your country was even discovered. It was you who decided to use a new currency (Dollar). Following the adoption of the euro by several countries, sterling became the world's oldest currency still in use. Pounds are divided into 100 pence (as a Dollar is divided into 100 cents) & the coins in circulation are ½p, 1p, 2p, 5p, 10p and 50p. The £1 is itself a gold coloured coin (except in Scotland where we still have £1 notes). £1 = $2 approximately.


[=Nicola=]
Rating
Well, we use pound coins =]
And I am not sure where you are from so I can't convert the money for you.

For every one 'Great British Pound' you get 1.95 United States Dollars.


younosygit
The money is the Pound (GBP, written £) which is made up of 100 pence. As of 5.30 p.m. UK time on 22nd January, £1 is worth $1.936 US (the dollar's got stronger since you put your interest rates up today).

Coins in use are 1p, 2p, 5p, 10p, 20p, 50p, £1, and £2, so the biggest coin is worth almost $4 US. The 1 and 2p coins are copper-coloured coins like the US cent; the 5 and 10p coins are round silver-coloured coins like the US dime and quarter (and about the same size); the 20p and 50p are seven-sided silver-coloured coins; the £1 is a thick gold-coloured round coin; the £2 is a large, thin round coin with a silver-coloured centre and a golden ring. Banknotes which you can get in the US will usually be those issued by the Bank of England, and are in values of £5, £10, £20, and £50. They are all different colours, and unlike US notes higher value notes are bigger than smaller value notes.

There are also three banks in Scotland, and four banks in Northern Ireland which issue their own banknotes which you might find in use if you travel to Scotland or Northern Ireland, but you should change them into English notes before you leave, as it's almost impossible to exchange them once you leave the UK. Scottish and Northern Irish notes come in values of £1, £5, £10, £20, £50, and £100, and are often different colours from the English notes of the same value, but are the same sizes as the equivalent English notes.


shangri_la111
Rating
the uk currency is the pound sterling. sadly the doller has slipped a lot against it. its around 2$ per pound uk.
so it will seem expensive and london is an expensive city anyway.


♥Dr. Holly Girlfriend™♥
Rating
Its the same as any currency .... just the value and look of the money is different

Instead of the Dollar its called a Pound
And change is in Pence so irs 25p or 25 pence for something instead of cents





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