The British Pound is the currency of United Kingdom. Our currency rankings show that the most popular United Kingdom Pound exchange rate is the GBP to EUR rate. The currency code for Pounds is GBP, and the currency symbol is £. Below, you'll find British Pound rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read the XE Currency Blog , or take GBP rates on the go with our XE Currency Apps and website. More info ▶
The United Kingdom's central bank is the Bank of England. As the fourth most traded currency, the British Pound is the third most held reserve currency in the world. Common names for the British Pound include the Pound Sterling, Sterling, Quid, Cable, and Nicker.
Importance of the British Pound
The British Pound is the oldest currency still in use today, as well as one of the most commonly converted currencies. The Falkland Islands , Gibraltar , and Saint Helena are all pegged at par to the GBP.