fbpx
Wikipedia

Pound (currency)

September 27, 2023

Pound is the name of various units of currency. It is used in some countries today and previously was used in many others. The English word "pound" derives from the Latin expression lībra pondō, in which lībra is a noun meaning 'pound' and pondō is an adverb meaning 'by weight'.[1][2] The currency's symbol is '£', a stylised form of the blackletter 'L' () (from libra), crossed to indicate abbreviation.[3]

Countries where a unit of the national currency is "pound" (dark blue) or "lira" (light blue).

The term was adopted in England from the weight[a] of silver used to make 240 pennies,[6] and eventually spread to British colonies all over the world. While silver pennies were produced seven centuries earlier, the first pound coin was minted under Henry VII in 1489.[5]

Countries and territories currently using currency units named "pound" Edit

Historical currencies Edit

Currencies of the former British colonies in America Edit

All of the following currencies have been replaced by the US dollar.

See also Edit

Notes Edit

  1. ^ The Pound (mass) in question was a Tower pound (5,400 grains, 349.9 grams (11.25 troy ounces), about 0.77 avoirdupois pounds, also called the 'Moneyers' Pound' (referring to the Saxon moneyers before the Conquest).[4] "In practice they" [the silver pennies] "varied considerably in weight and 240 of them seldom added up to a pound".[5]
  2. ^ The correct name for the currency is "sterling" and the "pound" is its primary unit. When necessary to distinguish sterling from other pounds, the qualified names "pound sterling" or "British pound" are used, especially in international trade contexts, where those names are used even when disambiguation is not needed.[7] This qualified form is almost never encountered in the United Kingdom, except in banking.

References Edit

  1. ^ Harper, Douglas. "Libra (n.)". Online Etymology Dictionary. from the original on 2 June 2022.
  2. ^ Harper, Douglas. "pound (n.1)". Online Etymology Dictionary. from the original on 25 May 2022.
  3. ^ . The Royal Mint Museum. Archived from the original on 8 March 2020.
  4. ^ "Tower pound". Sizes.com. Retrieved 17 September 2016.
  5. ^ a b Lowther, Ed (14 February 2014). "A short history of the pound". BBC News. from the original on 1 March 2014.
  6. ^ "Pound sterling". Britannica. from the original on 16 June 2008. Retrieved 22 July 2021. Silver coins known as "sterlings" were issued in the Saxon kingdoms, 240 of them being minted from a pound of silver... Hence, large payments came to be reckoned in "pounds of sterlings", a phrase later shortened...
  7. ^ Moles, Peter; Terry, Nicholas (1999). The Handbook of International Financial Terms. ISBN 9780198294818. Sterling (UK).: The name given to the currency of the United Kingdom (cf. cable). Also called pound sterling or pounds.
  8. ^ . Archived from the original on 2003-09-02.
  9. ^ . Archived from the original on October 16, 2007.
  10. ^ "Foreign and Commonwealth Office country profiles: South Georgia and the South Sandwich Islands".

September 27, 2023
pound, currency, pound, name, various, units, currency, used, some, countries, today, previously, used, many, others, english, word, pound, derives, from, latin, expression, lībra, pondō, which, lībra, noun, meaning, pound, pondō, adverb, meaning, weight, curr. Pound is the name of various units of currency It is used in some countries today and previously was used in many others The English word pound derives from the Latin expression libra pondō in which libra is a noun meaning pound and pondō is an adverb meaning by weight 1 2 The currency s symbol is a stylised form of the blackletter L L displaystyle mathfrak L from libra crossed to indicate abbreviation 3 Countries where a unit of the national currency is pound dark blue or lira light blue The term was adopted in England from the weight a of silver used to make 240 pennies 6 and eventually spread to British colonies all over the world While silver pennies were produced seven centuries earlier the first pound coin was minted under Henry VII in 1489 5 Contents 1 Countries and territories currently using currency units named pound 2 Historical currencies 2 1 Currencies of the former British colonies in America 3 See also 4 Notes 5 ReferencesCountries and territories currently using currency units named pound EditCountry territory Currency ISO 4217 code Tied to sterling nbsp Egypt Egyptian pound EGP No nbsp Falkland Islands Falkland Islands pound FKP Yes nbsp Gibraltar Gibraltar pound GIP Yes nbsp Guernsey Guernsey pound GBP Yes nbsp Alderney Alderney pound GBP informally Yes nbsp Isle of Man Manx pound GBP Yes nbsp Jersey Jersey pound GBP Yes nbsp Lebanon Lebanese pound LBP No nbsp Saint Helena Ascension and Tristan da Cunha Saint Helena pound SHP Yes nbsp South Sudan South Sudanese pound SSP No nbsp Sudan Sudanese pound SDG No nbsp Syria Syrian pound SYP No nbsp United Kingdom Sterling b GBP N A nbsp British Antarctic Territory 8 nbsp British Indian Ocean Territory 9 nbsp South Georgia and the South Sandwich Islands 10 Historical currencies EditAustralian pound until 1966 replaced by the Australian dollar The Australian pound was also used in the Gilbert and Ellice Islands Nauru New Hebrides and Papua and New Guinea It was replaced in the New Hebrides Vanuatu in 1981 by the Vanuatu vatu Bahamian pound until 1966 replaced by the Bahamian dollar Bermudian pound until 1970 replaced by the Bermudian dollar Biafran pound 1968 to 1970 replaced by the Nigerian pound British West African pound in British Cameroon replaced by the CFA franc in 1961 in Gambia replaced by the Gambian pound in 1968 in Ghana replaced by the Ghanaian pound in 1958 in Liberia replaced by the U S dollar in 1943 in Nigeria replaced by the Nigerian pound in 1958 in Sierra Leone replaced by the leone in 1964 Canadian pound until 1859 replaced by the Canadian dollar Cypriot pound Cyprus and Sovereign Base Areas of Akrotiri and Dhekelia until 1 January 2008 replaced by the euro Fijian pound until 1969 replaced by the Fijian dollar Gambian pound 1968 to 1971 replaced by the dalasi Ghanaian pound 1958 to 1965 replaced by the cedi Irish pound Irish Punt na hEireann until 2002 replaced by the euro Israeli pound also known as the Israeli lira until 1980 replaced by the shekel Jamaican pound until 1968 replaced by the Jamaican dollar The Jamaican pound was also used in Cayman Islands and Turks and Caicos Islands until 1968 Jordanian pound see Palestine pound below Libyan pound until 1971 replaced by the Libyan dinar Malawian pound 1964 to 1970 replaced by the Malawian kwacha Maltese pound also known as the Maltese lira and replaced by the euro on 1 January 2008 New Brunswick pound until 1860 replaced by the New Brunswick dollar Newfoundland pound until 1865 replaced by the Newfoundland dollar New Guinean pound New Zealand pound until 1967 replaced by the New Zealand dollar The New Zealand pound was also used in the Cook Islands and the Pitcairn Islands Nigerian pound 1958 to 1973 replaced by the naira Nova Scotian pound until 1860 replaced by the Nova Scotian dollar Oceanian pound 1942 1945 under Japanese occupation of Kiribati Nauru New Guinea Solomon Islands and Tuvalu Palestine pound replaced by the Israeli pound also served as Jordanian pound replaced in Jordan by the Jordanian dinar Pound Scots of Scotland until 1707 union with England Prince Edward Island pound until 1871 replaced by the Prince Edward Island dollar Rhodesian pound 1964 until 1970 in Rhodesia replaced by the Rhodesian dollar Rhodesia and Nyasaland pound 1955 1964 replaced in Southern Rhodesia renamed Rhodesia by the Rhodesian pound in Northern Rhodesia renamed Zambia by the Zambian pound and in Nyasaland renamed Malawi by the Malawian pound Samoan pound 1914 1920 provisional issue by the New Zealand Government military administration 1920 1959 by the New Zealand Government administration Treasury notes 1960 1963 by the Bank of Western Samoa Replaced 1967 by the tala Scottish pound see Pound Scots above Solomon Islands pound 1916 1932 replaced by the Australian pound South African pound until 1961 replaced by South African rand The South African pound was also used in Basutoland Bechuanaland South West Africa and Swaziland South African Republic pond refers to the republic in Transvaal issued 1867 1902 replaced by the South African pound South West African pound 1930s to 1961 replaced by South African rand Southern Rhodesian pound 1896 1955 circulated also in Northern Rhodesia and Nyasaland replaced by Rhodesia and Nyasaland pound Sudanese pound until 1992 and since January 2007 Tongan pound 1921 1966 Government of Tonga Treasury notes 1967 replaced by the pa anga Transvaal pound see above South African Republic pond West Indian pound until 1949 replaced by East Caribbean dollar Western Samoan pound 1920 1967 replaced by Samoan tala Zambian pound 1964 to 1968 replaced by the Zambian kwacha Currencies of the former British colonies in America Edit All of the following currencies have been replaced by the US dollar Connecticut pound Connecticut Delaware pound Delaware Georgia pound Georgia Maryland pound Maryland Massachusetts pound Massachusetts New Hampshire pound New Hampshire New Jersey pound New Jersey New York pound New York North Carolina pound North Carolina Pennsylvania pound Pennsylvania Rhode Island pound Rhode Island South Carolina pound South Carolina Virginia pound Virginia See also Edit nbsp Money portal nbsp Numismatics portalGreen pound used within the European Union s Common Agricultural Policy until 1999 Carolingian pound Latin libra a unit of weight and coinage ancestor of German Pfund French livre Spanish peso Lira Italian lira Turkish lira as well as the English word pound Libra weight an ancient Roman unit of weight basis for the Carolingian pound Local exchange trading system many British LETS use d the term pound Bristol pound a LETS unitNotes Edit The Pound mass in question was a Tower pound 5 400 grains 349 9 grams 11 25 troy ounces about 0 77 avoirdupois pounds also called the Moneyers Pound referring to the Saxon moneyers before the Conquest 4 In practice they the silver pennies varied considerably in weight and 240 of them seldom added up to a pound 5 The correct name for the currency is sterling and the pound is its primary unit When necessary to distinguish sterling from other pounds the qualified names pound sterling or British pound are used especially in international trade contexts where those names are used even when disambiguation is not needed 7 This qualified form is almost never encountered in the United Kingdom except in banking References Edit Harper Douglas Libra n Online Etymology Dictionary Archived from the original on 2 June 2022 Harper Douglas pound n 1 Online Etymology Dictionary Archived from the original on 25 May 2022 The Origins of sd The Royal Mint Museum Archived from the original on 8 March 2020 Tower pound Sizes com Retrieved 17 September 2016 a b Lowther Ed 14 February 2014 A short history of the pound BBC News Archived from the original on 1 March 2014 Pound sterling Britannica Archived from the original on 16 June 2008 Retrieved 22 July 2021 Silver coins known as sterlings were issued in the Saxon kingdoms 240 of them being minted from a pound of silver Hence large payments came to be reckoned in pounds of sterlings a phrase later shortened Moles Peter Terry Nicholas 1999 The Handbook of International Financial Terms ISBN 9780198294818 Sterling UK The name given to the currency of the United Kingdom cf cable Also called pound sterling or pounds Foreign and Commonwealth Office country profiles British Antarctic Territory Archived from the original on 2003 09 02 Foreign and Commonwealth Office country profiles British Indian Ocean Territory Archived from the original on October 16 2007 Foreign and Commonwealth Office country profiles South Georgia and the South Sandwich Islands Retrieved from https en wikipedia org w index php title Pound currency amp oldid 1176255669, wikipedia, wiki, book, books, library,

article

, read, download, free, free download, mp3, video, mp4, 3gp, jpg, jpeg, gif, png, picture, music, song, movie, book, game, games.