The national currency and monetary unit in Britain is the pound. The pound is mainly issued by the Bank of England. What is the most commonly used symbol for the pound? . What is the currency code of ISO 42 17 adopted by the International Organization for Standardization? (British pound). In addition to Britain, the currencies of British overseas territories are also denominated in pounds, and the exchange rate with pounds is fixed at 1: 1.

So far, there are four kinds of banknotes in circulation: 5, 10, 20 and 50. The front of the white pound is the statue, denomination and explanatory text of the goddess Britannia, and the back is blank without any words and patterns.

Extended data:

Factors affecting the exchange rate of the British pound:

1, the impact of economic data, the main economic data in the UK are: initial unemployment rate, initial number of unemployed people, average income, retail price index excluding mortgage, retail sales, industrial production, GDP growth, etc. These will greatly affect the exchange rate of the pound.

2. Three-month Europound deposit futures, namely short-term Europound (three-month Europound futures contract). The futures contract price reflects the market's expectation of the deposit interest rate of Europound in three months. The fluctuation of futures contract price in the same period with other countries may also lead to the change of pound exchange rate.

3. The relationship between the pound and the European Economic and Monetary Union. If Britain wants to join the euro zone, British interest rates must be reduced to euro interest rates. If the public votes to join the euro zone, the pound must depreciate against the euro to develop domestic industrial trade. Therefore, any discussion about Britain's possible entry into the euro zone will depress the exchange rate of the pound.

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