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The pound ( sign: £) is the main unit of sterling, [ 4] and the word pound is also used to refer to the British currency generally, [ 5] 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. [ 6]
Design date. 2015. The British two pound coin ( £2) is a denomination of sterling coinage. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction. Three different portraits of the Queen have been used, with the current design by Jody Clark being introduced in 2015. The reverse design features Britannia .
Currently circulating coinage. The current decimal coins consist of: one penny and two pence in copper-plated steel. five pence and ten pence in nickel-plated steel. equilateral curve heptagonal twenty pence and fifty pence in cupronickel. bimetallic one pound and two pounds.
6d. £0.025. 1547–1970; circulated from 1971 to 1980 with a value of two and a half decimal pence. Also called "tanner", sometimes "tilbury", [ 5 ] or "joey" after the groat was no longer in circulation. [citation needed] Shilling. 1/-. £0.05. 1502–1970, circulated from 1971 to 1990 with a value of five decimal pence.
Banknotes do not have to be classed as legal tender to be acceptable for trade; millions of retail transactions are carried out each day in the UK using debit cards and credit cards, none of which is a payment using legal tender. Equally, traders may offer to accept payment in foreign currency, such as the euro, yen, or US dollars.
The British half crown was a denomination of sterling coinage worth 1⁄8 of one pound, or two shillings and six pence (abbreviated " 2/6 ", familiarly " two and six "), or 30 pre-decimal pence. The half crown was first issued in 1549, in the reign of Edward VI. No half crowns were issued in the reign of Mary, but from the reign of Elizabeth I ...
Australian pound. This infobox shows the latest status before this currency was rendered obsolete. The pound ( sign: £, £A[ 1] for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. Like other £sd currencies, it was subdivided into 20 shillings (denoted by the symbol s ...
Leo Lee-Thomas, 21, from Cardiff, said the maximum they would pay would be £2.50 but thought it should cost £2.20 to £2.30 for one cup of tea.
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