Tuesday, March 31, 2009

APPROXIMATE CURRENT EXCHANGE RATES

APPROXIMATE CURRENT EXCHANGE RATES
£
1 pound =
1.43 dollars ↓
1.08 euros ↑
$
1 dollar =
0.70 pounds ↑
0.75 euros ↑

1 euro =
1.33 dollars ↓
0.93 pounds ↑
Please note that the United Kingdom still uses the GBP £ Pounds currency and not the euro, while some large companies in the UK accept the euro it is not generally accepted as payment.>>>CURRENCY CONVERTER
UK CurrencyPrior to February 15th 1971 the British currency system was known as pounds, shillings and pence. In the system used at that time 12 pennies was equal to one shilling and 20 shillings was equal to one pound. After February 15th 1971 the Uk moved to a new system called decimalisation and brought the currency into line with the metric systems used in Europe which are based on a logical system of 10 or factors of 10's. So with decimalisation came a system of pounds and pence doing away with shillings altogether. UK currency is known as BRITISH STERLING.Under this system 100 pence is equal to one pound making working with the UK currency far easier. The symbol used for pounds is: £ or is sometimes shown as GBP (Great Britain Pounds) and the symbol used for pence is: pSo two pound forty pence would be written: £2.40 or GBP 2.40Twenty pence would be written 20p.Currently the currency in use is as follows: coins: 1 pence, 2 pence, 5 pence, 10 pence, 50 pence, one pound, 2 pounds. The 1 and 2 pence piece are bronze, the 5, 10, 20 and 50 pence pieces are silver and the 1 and 2 pound coins are gold. All coins carry the Queens head on the front.
APPROXIMATE CURRENT EXCHANGE RATES
£
1 pound =
1.43 dollars ↓
1.08 euros ↑
$
1 dollar =
0.70 pounds ↑
0.75 euros ↑

1 euro =
1.33 dollars ↓
0.93 pounds ↑
Please note that the United Kingdom still uses the GBP £ Pounds currency and not the euro, while some large companies in the UK accept the euro it is not generally accepted as payment.>>>CURRENCY CONVERTER
UK CurrencyPrior to February 15th 1971 the British currency system was known as pounds, shillings and pence. In the system used at that time 12 pennies was equal to one shilling and 20 shillings was equal to one pound. After February 15th 1971 the Uk moved to a new system called decimalisation and brought the currency into line with the metric systems used in Europe which are based on a logical system of 10 or factors of 10's. So with decimalisation came a system of pounds and pence doing away with shillings altogether. UK currency is known as BRITISH STERLING.Under this system 100 pence is equal to one pound making working with the UK currency far easier. The symbol used for pounds is: £ or is sometimes shown as GBP (Great Britain Pounds) and the symbol used for pence is: pSo two pound forty pence would be written: £2.40 or GBP 2.40Twenty pence would be written 20p.Currently the currency in use is as follows: coins: 1 pence, 2 pence, 5 pence, 10 pence, 50 pence, one pound, 2 pounds. The 1 and 2 pence piece are bronze, the 5, 10, 20 and 50 pence pieces are silver and the 1 and 2 pound coins are gold. All coins carry the Queens head on the front.

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