<P> The pound sterling ( symbol : £ ; ISO code : GBP ) , commonly known as the pound and less commonly referred to as Sterling , is the official currency of the United Kingdom , Jersey , Guernsey , the Isle of Man , South Georgia and the South Sandwich Islands , the British Antarctic Territory , and Tristan da Cunha . It is subdivided into 100 pence ( singular : penny , abbreviated : p ) . A number of nations that do not use sterling also have currencies called the pound . At various times , the pound sterling was commodity money or bank notes backed by silver or gold , but it is currently fiat money , backed only by the economy in the areas where it is accepted . The pound sterling is the world 's oldest currency still in use and which has been in continuous use since its inception . </P>
<P> The pound sterling ( symbol : £ ; ISO code : GBP ) , commonly known as the pound and less commonly referred to as Sterling , is the official currency of the United Kingdom , Jersey , Guernsey , the Isle of Man , South Georgia and the South Sandwich Islands , the British Antarctic Territory , and Tristan da Cunha . It is subdivided into 100 pence ( singular : penny , abbreviated : p ) . A number of nations that do not use sterling also have currencies called the pound . At various times , the pound sterling was commodity money or bank notes backed by silver or gold , but it is currently fiat money , backed only by the economy in the areas where it is accepted . The pound sterling is the world 's oldest currency still in use and which has been in continuous use since its inception . </P>
what is the currency in the uk called
what is the currency in the uk called
pound sterling
pound sterling