What is the currency of united kingdom

British Pound (GBP) is the currency used in United Kingdom, Ireland. British Pound currency symbol: £ British Pound coins available: 1p, 2p, 5p, 10p, 20p, 25p, 50p, £1, £2, £5 Pictures of British Pound coins British Pound banknotes available: £5, £10, £20, £50 Pictures of British Pound banknotes Central Bank: Bank of England

What Is a Quid? "Quid" is a slang expression for the British pound sterling, or the British pound (GBP), the currency of the United Kingdom (U.K.). A quid is equal to 100 pence, generally believed to come from the Latin phrase “quid pro quo,” which translates into "something for something," or an equal exchange for goods or services. However, the exact etymology of the word relating to the British pound is still uncertain. • "Quid" is a slang expression for the British pound sterling, or the British pound (GBP), the currency of the United Kingdom (U.K.). • A quid equals 100 pence and is believed to come from the Latin phrase “quid pro quo,” meaning "something for something." • The quid, as it describes one pound sterling, is thought to have first come into use sometime in the late 17 th century. • In 1489, under Henry VII's rule, it was initially called a sovereign. • The modern-day pound sterling is no longer comprised of silver. Understanding the Quid The quid, as it describes one pound sterling, is thought to have come into use sometime in the late 17 th century, but no one is quite certain why this word became synonymous with the British currency. Some scholars believe that Italian immigrants may have originated the word thanks to "scudo," the name for gold and silver coins of various denominations that were used in Italy from the 16 th century through the 19 th century. The U.K. is made up of England, Northern Ireland, Scotland, and Wales. History of the Pound Sterlin...