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English abbreviation for pound.
The abbreviation of pound is GBP, which is called big pound. The pound is the monetary unit in Britain and one of the oldest currencies in the world. The following are some knowledge points of the pound, including: origin, coins in circulation, exchange rate, status change, Bank of England, and historical changes.

1, origin: the pound first appeared on refined silver coins and gold coins, represented by an ancient Roman symbol of balance, which can be traced back to around 760 AD.

2. Coins in circulation: At present, the pound is mainly divided into two types: 1p, 2p, 5p, 10p, 20p, 1bp coins, and 5, 10, 20, 50 banknotes.

3. Exchange rate: The pound is one of the major international currencies, and its exchange rate is affected at any time. The pound has an exchange rate against the dollar, the euro, the yen and other currencies.

4. Status change: The pound was once one of the global reserve currencies, but with the rise of new currencies such as the euro, its status gradually declined.

5. Bank of England: The Bank of England is the executive body of British monetary policy and is responsible for managing the monetary policy of the pound.

6. Historical changes: The pound has long been known as the currency under the gold standard, and it has also experienced many devaluations and appreciation, including major events such as Black Friday.

Pay attention to the following points when distinguishing between true and false pounds:

1. Purple light test: Take out a piece of paper money, tilt it up during the day or under strong light, and observe its edge and the pattern on it. Normal paper money should emit a certain length of purple light, while fake paper money usually does not have this light.

2. Watermark: Watermark is a transparent pattern printed on paper money, which can be seen by light. The watermark on counterfeit money is usually unclear or without watermark.

3. Words and patterns on banknotes: The words and patterns on fake pounds are usually blurred or distorted graphically, while the words and patterns on real pounds are usually clear and vivid.

The pound is one of the oldest currencies in the world, and it is the monetary unit in Britain, with a long history and an important position.