2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The pound sterling is the national currency of Great Britain and the most expensive currency in the world. This was one of the reasons why the country did not switch to the common European currency - the euro.
The generally accepted symbol for the British pound is this sign £, and GBP (Great Britain Pound) is used as the bank code.
You will learn about what exchange rate and how much 10 pounds sterling will cost in rubles of the Russian Federation from this article.
A bit of history
The British currency got its name from a combination of words coming from different languages: pondus (from Latin heavy) and from the English sterling, which was called silver coins.
The first paper version of this money began to be used in 1694. Up to this point, the weight of a pound could reach 240 silver coins. Until 1971, this currency remained unchanged.
Pound denomination
Previously, the pound is broken down into twenty shillings, or two hundred and forty pence. Today, Britain uses a decimal division system, according to which one hundred pence is included in one pound sterling.
The currency is issued in denominations of 5 and 10 pounds, twenty and fifty. Banknotes in 100pounds sterling is not printed, because due to the high value of the currency, this is not necessary. There are metal coins with a value of 1, 2, 5, 10, 20 and 50 pence, as well as one and two pounds.
An interesting fact is that the central banks of the countries that make up the United Kingdom (Scotland, Wales, England, Northern Ireland) print banknotes with a unique appearance, which must be accepted throughout the country. However, in fact, they are sometimes not accepted for payment, but this rarely happens.
What is the value of 10 pounds in rubles
Today, the British pound exchange rate is approximately 72 rubles. It is not difficult to calculate that 10 pounds will cost about 720 rubles in Russia, which is several positions higher than the exchange rate of the United States dollar or euro.
You can exchange this currency for rubles and vice versa in almost any bank or exchange office. In terms of popularity, the GBP is second only to a few other currencies, in particular the United States dollar and the euro.
The exchange rate of this currency, along with some others (the euro, the Japanese yen, the US dollar), is included in the reserve monetary units of a global, global scale, which puts it on a par with all the banknotes included in this list.
10 pounds is one of the most popular paper banknotes in the UK and Northern Ireland, so it is issued in fairly large quantities. But it is precisely for this reason that, like all commonly used bills, counterfeiters love it.
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