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As a consequence, conversion rates between different currencies could be determined simply from the respective gold standards. £1 sterling was equal to US$4.87 in the United States, Can$4.87 in Canada, ƒ12.11 in Dutch territories, F 25.22 in French territories (or equivalent currencies of the Latin Monetary Union), 20ℳ 43₰ in Germany ...
The same symbol is used for other currencies called pound, such as the Egyptian and Syrian pounds. The sign may be drawn with one or two bars depending on personal preference, but the Bank of England has used the one-bar style exclusively on banknotes since 1975. In the United States, "pound sign" refers to the symbol # (number sign).