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The pound is the main unit of sterling, [4] [c] and the word pound is also used to refer to the British currency generally, [7] often qualified in international contexts as the British pound or the pound sterling. [4] Sterling is the world's oldest currency in continuous use since its inception. [8]
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
Flag of Poland, badge of the Polish Military Organization 50,000 August 31, 2018 19 zł 150 x 77 mm Ignacy Jan Paderewski and a stylized image of the Order of the White Eagle; word niepodległa (“independent”) Current headquarters of the Polish Security Printing Works 55,000 October 2, 2019 20 zł 150 x 77 mm Brown-green, blue
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: €2.50 , 2,50€ and 2 50 .
The banknotes of the series of 1948 were designed by Polish painter and decorative artist Wacław Borowski.The introduction of these notes was part of the currency reform of 1950, [1] so the banknotes had to be printed quickly and in secrecy; so printing works in Poland (), Czechoslovakia (), Hungary (Pénzjegynyomda), Sweden (Riksbankens Sedeltryckeri), and Canada (British American Bank Note ...
The English word "pound" derives from the Latin expression lībra pondō, in which lībra is a noun meaning 'pound' and pondō is an adverb meaning 'by weight'. [ 1 ] [ 2 ] The currency's symbol is ' £ ' , a stylised form of the blackletter 'L' ( L {\displaystyle {\mathfrak {L}}} ) (from libra ), crossed to indicate abbreviation.
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The British pound sterling and Irish pound were among the last to be decimalised, on 15 February 1971. In places where £sd was used, there were several approaches to decimalisation: The pound remained the base unit (in Malta, using the Maltese name "lira"), but was subdivided into new fractional units of 1 ⁄ 100 of a pound.