What is the currency GBP?

The pound currency is one of the world's major reserve currencies. It is used in Britain and some other countries. Thus, it can be found:

• British pound;
• Bermuda;
• Egyptian;
• Lebanese;
• Sudan;
• Gibraltar;

The English pound sterling is denoted by the Latin italic letter "L" crossed by a single line. The etymology of the sign is simple. It comes from the abbreviation to the first letter of the name of the pound in weight - Libra.

There are 5, 10, 20 and 50-pound bills in circulation, as well as 1 and 2-pound coins and 1, 2, 5, 10, 20 and 50-pound pence.

It is possible to find Scottish and Irish banknotes today. However, not every bank accepts them, so you need to be careful.

Pound GBP price

The price of the pound on the world market is not the highest. But despite this, the currency is very popular, and ranks 4th in the financial world market.

The pound dollar pair (USD/GBP) is the most attractive for traders. The fluctuating rate of the second currency allows traders to make high profits from both buying and selling.

Pound value and rate

If you are going to England we recommend you buy pounds before you come. So you'll find a better deal and you can buy at the best terms.

We advise to check the pound exchange rate at official exchange offices or banks in Ukraine. In this way you can protect yourself from dishonest dealers and eliminate the risk of purchasing counterfeit banknotes.

If you're interested in the pound exchange rate, buy selling currencies, visit our exchange offices. Our exchange rates are fixed and do not change throughout the day.