Pound (currency)
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Pound Currency
Countries where the official English name of the currency is "pound"

A pound is any of various units of currency in some nations. The term originated in the Frankish Empire as a result of Charlemagne's currency reform ("pound" from Latin pondus, a unit of weight) and was subsequently taken to Great Britain as the value of a pound (weight) of silver.[1] As of December 2019, this amount of silver was worth approximately £147 sterling.[a]

The English word pound is a cognate with, among others, German Pfund, Dutch pond, and Swedish pund. All ultimately derive from a borrowing into Proto-Germanic of the Latin expression l?bra pond? ("a pound by weight"), in which the word pond? is an adverb meaning "by weight" and related to the noun pondus ("weight").

The currency's symbol is £, a stylised representation of the blackletter L (), standing for libra (Latin: "pound").

Today, the term may refer to the English name of a number of (primarily British and related) currencies and a variety of obsolete currencies. Some of them, such as in countries formerly belonging to the Ottoman Empire,[] are called pound in English, while in the local languages their official name is lira.

Countries and territories currently using currencies called pounds

Historical currencies

Currencies of the former British colonies in America

All of the following currencies have been replaced by the US dollar.

See also


  1. ^ Silver coins were originally minted from the "finest silver available", The pound named is probably the tower pound which is equivalent to 11.25 troy ounces. 11.25 ozt @ £13.08/ozt = £147.2625 (£13.08/ozt was the price of 0.999 fine silver on 19 December 2019).[2]
  2. ^ a b c Unofficial code


  1. ^ Online Etymology Dictionary
  2. ^ "XAG - Silver Ounce". XE.COM. Retrieved 2019.
  3. ^ "Foreign and Commonwealth Office country profiles: British Antarctic Territory". Archived from the original on 2003-09-02.
  4. ^ "Foreign and Commonwealth Office country profiles: British Indian Ocean Territory". Archived from the original on October 16, 2007.
  5. ^ "Foreign and Commonwealth Office country profiles: South Georgia and the South Sandwich Islands".

  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.



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