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Before paper money was the invention of dollar coins that they used for their own type of money
Before money (coins and notes) people uses barter to trade goods. They also had forms of money too though. These included:shellsfursteethweaponssilverHowever shells was the most common. Cowrie Shells in China were probably the first form of money ever used.
Money
Greece used the Drachma before 2002. Since then it uses the Euro.
There were 240 old Pence in an old Pound. 12 Pence to the Shilling, 20 Shillings to the Pound.
Quote from the Related Link: "The money used in Scotland is the Pound Sterling - the British Pound. "
In British slang, a quid is equivalent to one pound sterling. It is a slang term commonly used to refer to money in the UK.
Pound, dates from being part of the British Empire
The Pound, shillings and pennies. This was before the era of paper money, so sterling silver (hence the term 'pound sterling') and copper were used for coins. The pound as a monetary unit in England - "British Empire" is an expression only used since the second half of the 19th century - is the oldest in the world that still exists, dating back to around 700 AD.
South Africa has never used the Euro. It currently uses the South African Rand (ZAR). Before that it used Shillings which was basically the British Pound that had converted to the South African Shilling since the opening of the South African Reserve Bank. Before that it used the British Sterling Pound since South Africa was a British colony.
UK currency is commonly known as the British pound it is also referred to as Sterling.The pound is subdivided into 100 pennies.The International currency code is GBP.
When refering to currency then yes. there are many terms used i.e The pound, pound stirling, GBP and of course the "£" which isused for the term pound.
The British pound. £
The British Pound
The price of the British Pound changes daily. Today, the price of one British Pound in 1.28 US Dollars. The British Pound used to be a lot more expensive before Brexit and the average price was around 1.50 USD for 1 GBP. The best way to go about this is to just google '1GBP to USD'.
The Falkland Island pound which is linked to the British pound.
The British pound (symbol: '£', code: 'GBP') is used in the United Kingdom and most of its overseas territories.