I'm trying to figure out which currency is represented by the abbreviation 'GB'. I'm not sure if it's a common abbreviation for a specific currency, and I need clarification on this.
6 answers
SamuraiCourageous
Fri Nov 22 2024
The pound sterling, often abbreviated as GBP, holds the status of the official currency in the United Kingdom.
Bianca
Thu Nov 21 2024
The GBP currency system is structured with 100 pence making up one pound. This subdivision aids in day-to-day transactions and financial calculations.
Lucia
Thu Nov 21 2024
Beyond its primary use in the UK, the pound is also utilized in several other territories. These include Jersey and Guernsey, which are both Crown dependencies.
Giulia
Thu Nov 21 2024
Gibraltar, a British overseas territory, also adopts the pound as its official currency.
Giuseppe
Thu Nov 21 2024
The Isle of Man, another British Crown dependency, uses the pound in its economic transactions.