List of British currencies

From Wikipedia, the free encyclopedia

A variety of currencies are tender in the United Kingdom, its overseas territories and crown dependencies. This list covers all of those currently in circulation.

Location Native currency Issuing authority

Sterling

Bank of England

Local, privately-issued sterling banknotes

Issued by license of the Bank of England to Scotland's three largest clearing banks (the Royal Bank of Scotland, the Bank of Scotland and the Clydesdale Bank)

Local, privately-issued sterling banknotes

Issued under a licence of the Bank of England to four retail banks : Bank of Ireland, First Trust Bank, Danske Bank (formerly Northern Bank) and Ulster Bank.[1]

Jersey pound (local, government-issued sterling banknotes and coins)

Issued by license of the Bank of England to the Treasury and Resources Department, States of Jersey[2]

Guernsey pound (local, government-issued sterling banknotes and coins)
Alderney pound (local, government-issued commemorative coins)

Issued by license of the Bank of England to the Treasury and Resources Department, States of Guernsey

Manx pound (local, government-issued sterling banknotes and coins)

Issued by license of the Bank of England to the Isle of Man Treasury

Falkland Islands pound (parity with pound sterling)

Government of the Falkland Islands

Gibraltar pound (parity with pound sterling)
Euro accepted unofficially in most establishments

Government of Gibraltar

Saint Helenian pound (parity with pound sterling)
(US$ accepted in Ascension Island)

Government of Saint Helena

United States dollar (de facto)[3][4]
Sterling (de jure)[5][6]

US Federal Reserve System

United States dollar
Bahamian dollar also accepted in the Turks and Caicos Islands

US Federal Reserve System

Eastern Caribbean dollar (2.7EC$=1US$)

Eastern Caribbean Central Bank

Bermudian dollar (parity with United States dollar)

Bermuda Monetary Authority

Cayman Islands dollar (1KY$=1.2US$)

Cayman Islands Monetary Authority

New Zealand dollar
US dollar widely accepted[7]
Pound sterling is also accepted.[8]
Pitcairn Islands dollar (on par with New Zealand dollar; commemorative issue only)

Reserve Bank of New Zealand

Euro

European Central Bank

References[edit]

  1. ^ "Current Banknotes". The Association of Commercial Banknote Issuers. Archived from the original on 13 September 2017. Retrieved 27 April 2013.
  2. ^ "Government of Jersey".
  3. ^ FCO country profile Archived 2010-06-10 at the Wayback Machine
  4. ^ "The World Factbook". Archived from the original on 12 June 2007.
  5. ^ "British Indian Ocean Territory Currency". wwp.greenwichmeantime.com. 6 March 2013. Retrieved 28 April 2013.
  6. ^ Commemorative UK pounds and stamps issued in GBP have been issued. Source:[1], [2]
  7. ^ "Archived copy" (PDF). Archived from the original (PDF) on 9 May 2016. Retrieved 30 April 2016.{{cite web}}: CS1 maint: archived copy as title (link)
  8. ^ Asia and Pacific Review 2003/04 p.245 ISBN 1862170398

See also[edit]