image: TitleProject Britain

Your Guide to
British Life, Culture and Customs

  HOMEPAGE: Follow me on Twitter  


pound iconBritish Currency





Money Quiz

The British currency is the pound sterling. The sign for the pound is pound sign

GBP = Great British Pound pound sign

We do not use the Euro. Although a few of the big shops will accept Euro, it is rarely used across Britain.

Since decimalisation in 1971 , the pound has been divided into 100 pence.

The pound (pound sign) is made up of 100 pence (p) exactly like the dollar is split into 100 cents.

The singular of pence is "penny". The symbol for the penny is "p"; hence an amount such as 50p is often pronounced "fifty pee" rather than "fifty pence".

We have both coins and banknotes.

Current coins are:

1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, 1 pound, and 2 pounds.

Current bank notes are:

The 5 pound note, the 10 pound note, the 20 pound note and the 50 pound note.

Old money conversions to money used today

  • Six pence - 2½p
  • One shilling (or 'bob') - 5p
  • Half a crown (2 shillings and sixpence) - 12½p
  • One guinea - £1.05

More about British Currency More about British currency

Find out more about our old money go to old money

back to the top

email© Copyright - please read
All the materials on these pages are free for homework and classroom use only. You may not redistribute, sell or place the content of this page on any other website or blog without written permission from the Mandy Barrow.

© Copyright Mandy Barrow 2013

Mandy is the creator of the Woodlands Resources section of the Woodlands Junior website. 
The two websites and are the new homes for the Woodlands Resources.

Mandy left Woodlands in 2003 to work in Kent schools as an ICT Consulatant. 
She now teaches computers at The Granville School and St. John's Primary School in Sevenoaks Kent.

Follow Mandy on Twitter

Woodlands Junior Homework Help new website