Use of the letter L for pound derives from medieval Latin documents: "L" was the abbreviation for libra, the Roman pound (weight), which in time became an English unit of weight defined as the tower pound.

Dec 2, 2025 · The symbol £ was retained for the pound sterling, and the letter p was chosen for the new penny. This article was most recently revised and updated by Adam Augustyn.

The meaning of POUND is any of various units of mass and weight; specifically : a unit now in general use among English-speaking peoples equal to 16 avoirdupois ounces or 7000 grains or 0.4536 …

POUND definition: 1. the standard unit of money used in the UK and some other countries: 2. the value of the UK…. Learn more.

The pound sign, £, is used to represent the pound sterling, the official currency of the United Kingdom.

2 days ago · The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland. The pound sterling is the fourth most-traded currency in the foreign exchange market.

Nov 17, 2025 · Discover the history, importance, and trading aspects of GBP, the British pound sterling—symbolized by £ and commonly called sterling or quid.

The pound sterling, or GBP, is the official currency of the United Kingdom. The pound is also used in Jersey, Guernsey, Gibraltar, the Isle of Man, South Georgia and the South Sandwich Islands, the …

Convert 1 GBP to USD with the Wise Currency Converter. Analyze historical currency charts or live British pound sterling / US dollar rates and get free rate alerts directly to your email.