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The pound sign (£) is the symbol for the pound unit of sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Great Britain and of the Kingdom of England.
The pound sign £ is the currency symbol for the pound sterling, the currency of the United Kingdom. The same symbol is used for other currencies called pound, such as the Gibraltar, Egyptian, Manx and Syrian pounds.
The ‘£’ (pound sign) symbol is used to represent the pound sterling, which is the official currency of the United Kingdom. For example: £100. This represents one hundred pounds sterling.
The currency sign for the pound unit of sterling is £, which (depending on typeface) may be drawn with one or two bars: [16] the Bank of England has exclusively used the single bar variant since 1975.
Well, the short answer is that the pound sterling sign (£) is basically a glorified letter ‘L’. Like many things in the modern world, the origins of the pound sterling sign can be traced back to ancient Rome, but to understand the initial origin, it helps to know a few other things first.
The British pound sterling is symbolized by the pound sign (£) and is sometimes referred to as “sterling” or by the nickname “quid.” Key Takeaways. GBP is the abbreviation for the British...
Why has the GBP sign changed from 2 bars across the £ to one bar? You may be interested to know that the use of this symbol as a unit of currency goes back many years. The origin of the pound sign (‘GBP Sign’) itself developed over the years from the letter L, the initial letter of the Latin word 'libra', meaning a pound of money.