What is the Great British Pound (GBP)?
Currency: | pound sterling |
Currency code: | GBP |
Central Bank: | Bank of England |
Currency symbol: | £ (pound) |
Currency sub unit: | p (penny, pence) |
Nicknames: | Quid |
Bank notes: | £5, £10, £20, £50 |
Coins: | 1p, 2p, 5p, 10p, 20p, 50p, £1, £2 |
Planning a trip to the UK? Here’s everything you need to know about the Great British Pound (GBP)—how it works, what it looks like, and how to buy it before you go.
The British pound sterling is the 4th most traded currency in the world. It;s one of the oldest currencies still in use today and has been issued in it's current decimal form since 1971.
The most commonly used bills for British pounds are the £5, £10, £20, £50 and £100 notes. Coins in circulation are the 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2.
Easy Currency Bundle Options & SIMs for your Trip
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British pound | Euro |
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British pound | Euro |
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GBP Goes Further with the Travelex Money Card
Travel smarter with Travelex‘s award-winning travel money card and enjoy even better rates than cash.
- Get evern better exchange rates when exchanging $2,000 and over.
- Free delivery to your home or to your local Travelex store
- Withdraw cash with no international ATM fees1.
- Save with no foreign exchange fees2 & real-time exchange rates.
- Load, tap, and go wherever Mastercard is accepted across Europe.
What to spend your pounds on:
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Entry to Westminster Abbey
20 Pounds
-
Pint of beer
4 Pounds
-
Fish and chips
5 Pounds
-
Postcard and a stamp
1.5 Pounds
-
3-mile taxi ride
15 Pounds
Buying British pounds online is easy
Order British pounds online, lock in the rate and collect at your local store or at the airport before you fly.