+1 Pound Sterling (GBP)
The Pound Sterling is issued by the Bank of England.
- Alphabetic code
- GBP
- Numeric code
- 826
- Symbol
- £
- Minor units
- 2
- Example
- £1,234.50
- Used in
- United Kingdom, Guernsey, Isle of Man, Jersey
A reader’s investment lens
Follow sterling when your spending, income or research is tied to the United Kingdom.
- Watch
- Bank of England policy, UK inflation and the timing of your payments.
- Consider
- GBP can move differently against USD and EUR; your home-currency result matters.
Research context, not a recommendation to buy. Currency moves exclude interest and fees.
Bank of England · Monetary policy ↗History
- 1694 The Bank of England is founded under a Royal Charter dated 27 July, to act as banker to the government.
- 1971 Decimal Day, 15 February: the pound is divided into 100 pence instead of 240.
- 1992 On 16 September, “Black Wednesday”, the UK suspends sterling’s membership of the European Exchange Rate Mechanism.