Pound: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Promote South Sudan pound from links to 2nd definition.) |
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A pound is also one unit of a number of other currencies including those of Egypt (EGP), Lebanon (LBP), Sudan (SDG) and Syria (SYP). | A pound is also one unit of a number of other currencies including those of Egypt (EGP), Lebanon (LBP), South Sudan (SSP), Sudan (SDG) and Syria (SYP). | ||
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* [[Lira]] | * [[Lira]] | ||
* [[SHP]] | * [[SHP]] | ||
* [[Sterling]] | * [[Sterling]] | ||
* [[United Kingdom]] | * [[United Kingdom]] |
Revision as of 16:31, 11 December 2019
1.
One unit of the UK pound sterling (GBP).
For most of the historical period up the early 19th century, it could - in theory - be exchanged for one pound (weight) of silver.
Thereafter the pound was generally backed by gold (the 'gold standard').
Since 1931, the pound sterling has been a fiat currency.
2.
A pound is also one unit of a number of other currencies including those of Egypt (EGP), Lebanon (LBP), South Sudan (SSP), Sudan (SDG) and Syria (SYP).