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Is the pound abbreviated as "pound"?

It is

the standard currency unit of the United Kingdom, Egypt, Lebanon, Sudan, Syria, Ireland, Israel and other countries. The British pound (GBP for short, symbol: ) is issued by the Bank of England and is commonly used in England, Wales, Scotland and Northern Ireland. At the same time, currencies issued in the British Isles and British Overseas Territories maintain an exchange rate of 1:1 with the British pound.

Because the United Kingdom was the first country in the world to implement industrialization and once dominated the international financial industry, the pound was once the most widely used currency for pricing and settlement in international settlement business.

After World War I and World War II, the British economic status continued to decline. However, due to historical reasons, the British financial industry is still very developed, and the pound still occupies a very high position in the settlement of foreign exchange transactions. Contributive figures and royalty are printed on the pound.

Extended information:

In 1945, the British government stopped the circulation of all banknotes with a denomination of more than 5 pounds. At that time, the maximum denomination of banknotes circulating in the British market was 5 pounds. The British government has also improved the anti-counterfeiting technology of the 5 pound banknotes and added a metal anti-counterfeiting security thread.

Pound sterling banknotes are mainly issued by the Bank of England. As of 2017, the Bank of England banknotes in circulation are divided into four types: £5, £10, £20 and £50. In addition, there are many banks in Scotland and Northern Ireland that issue pounds sterling at the same time, but with different designs and denomination configurations.

Baidu Encyclopedia - British Pound