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Money Quiz
The British currency is the pound sterling. The sign for the pound is 
We do not use the Euro. Although a few of the big shops will accept Euro, it is rarely used across Britain.
Since decimalisation in 1971 , the pound has been divided into 100 pence.
| The pound () is made up of 100 pence (p) exactly like the dollar is split into 100 cents. |
The singular of pence is "penny". The symbol for the penny is "p"; hence an amount such as 50p is often pronounced "fifty pee" rather than "fifty pence".
Current coins are:
1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, 1 pound, and 2 pounds.
Current bank notes are:
The 5 pound note, the 10 pound note, the 20 pound note and the 50 pound note.
Old money conversions to money used today
- Six pence - 2½p
- One shilling (or 'bob') - 5p
- Half a crown (2 shillings and sixpence) - 12½p
- One guinea - £1.05
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British Currency
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