The British currency is the pound sterling. The sign for the pound is £. The pound (£) has 100 pence (p), like the dollar has 100 cents
The singular of pence is "penny". The symbol for the penny is "p"; 50p is often pronounced "fifty pee" rather than "fifty pence".
We have both coins and banknotes.
- Current coins are:1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, 1 pound, and 2 pounds.
- Current bank notes are: the 5 pound note, the 10 pound note, the 20 pound note and the 50 pound note.