Sterling is the name of the currency as a whole while pound and penny are the units of account. This is analogous to the distinction between renminbi and yuan when discussing the official currency of the People's R… See more

The currency of all the Crown Dependencies (Guernsey, Jersey, Isle of Man) and a third of British Overseas Territories (British Antarctic Territory; Falkland Islands and South Georgia and the South San… See more

Since decimalisation on Decimal Day in 1971, the pound has been divided into 100 pence (denoted on coinage, until 1981, as "new pence"). The symbol for the penny is "p"; hence an amount such as 50p (£0.50) properly pr… See more

The pound sterling emerged after the adoption of the Carolingian monetary system in England c. 800. Here is a summary of changes to its value in terms of silver or gold until 1816.
The pound … See more