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Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. [3] 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]
Prior to decimalisation in 1971, there were 12 pence (written as 12d) in a shilling (written as 1s or 1/-) and 20 shillings in a pound, written as £1 (occasionally "L" was used instead of the pound sign, £). There were therefore 240 pence in a pound. For example, 2 pounds 14 shillings and 5 pence could have been written as £2 14s 5d or £2/14/5
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.
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 Bank of England £10 note, also known informally as a tenner, is a sterling banknote.It is the second-lowest denomination of banknote issued by the Bank of England.The current polymer notes, first issued on 5 June 2024, bears the images of King Charles III and the late Queen Elizabeth II first issued on 14 September 2017 on the obverse, and the image of author Jane Austen on the reverse.
All of the Ilay series notes feature a castle on the back. On the reverse of the £10 note is an image of Glamis Castle. [7] The current new polymer £10 note was issued in 2017, [8] and the Committee of Scottish Bankers encouraged the public to spend or exchange older, non-polymer ten pound notes before 1 March 2018. [9]
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.
The Clydesdale Bank £10 note, also known informally as a tenner, is a sterling banknote.It is the second smallest denomination of banknote issued by Clydesdale Bank.The current polymer note, first issued in 2017, bears an image of Scottish poet Robert Burns on the obverse and a vignette of the Old and New Towns of Edinburgh on the reverse.