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List Of British Currencies
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. References See also * Sterling area * Bank of England * Currencies of the British West Indies * International status and usage of the euro * Commonwealth banknote-issuing institutions * List of countries by leading trade partners * List of Commonwealth of Nations countries by GDP * List of stock exchanges in the United Kingdom, the British Crown Dependencies and United Kingdom Overseas Territories {{DEFAULTSORT:British currencies Banknotes of British Overseas Territories Currencies of British Overseas Territories Currencies of the Commonwealth of Nations Currencies of the Crown Dependencies Currencies of the United Kingdom Pound sterling Pound sterling Currency lists Currencies of the United States Trade blocs Currency unions Fixed exchange rate Economy of the Organisation of Eastern Caribbean Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guernsey Pound
The pound is the currency of Guernsey. Since 1921, Guernsey has been in currency union with the United Kingdom and the Guernsey pound is not a separate currency but is a local issue of sterling banknotes and coins, in a similar way to the banknotes issued in Scotland, England and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also sterling area). For this reason, ISO 4217 does not include a separate currency code for the Guernsey pound, when distinction from sterling is desired the abbreviation GGP may be used. History Until the early 19th century, Guernsey used predominantly French currency. Coins of the French livre were legal tender until 1834, with French francs used until 1921. In 1830, Guernsey began production of copper coins denominated in ''doubles''. The double was worth of a French franc. The name "double" derived from the French "double deniers", although the value of the coin was equ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Caribbean Dollar
The Eastern Caribbean dollar (symbol: EC$; code: XCD) is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS). The successor to the British West Indies dollar, it has existed since 1965, and it is normally abbreviated with the dollar sign ''$'' or, alternatively, ''EC$'' to distinguish it from other dollar-denominated currencies. The EC$ is subdivided into 100 cents. It has been pegged to the United States dollar since 7 July 1976, at the exchange rate of = .70. Circulation Six of the states using the EC$ are independent states: Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. The other two, Anguilla and Montserrat, are British Overseas Territories. These states are all members of the Eastern Caribbean Currency Union. The other two associate members of the OECS do not use the Eastern Caribbean dollar as their official currency: the British Virgin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahamian Dollar
The dollar (sign: $; code: BSD) has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign ''$'', or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. On 20 October 2020, the Bahamas became the first country to have a legal digital currency, introducing the ''Sand Dollar'' as an alternative to the traditional Bahamian dollar. Relationship with the US dollar The Bahamian dollar is pegged to the US dollar on a one-to-one basis. The Central Bank of The Bahamas states that it uses reserve requirements, changes in the Bank discount rate and selective credit controls, supplemented by moral suasion, as main instruments of monetary policy. The Central Bank's objective is to keep stable conditions, including credit, in order to maintain the parity between the US dollar and the Bahamian dollar while allowing economic development to proceed. Although the US dollar (as any other foreign curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve System
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. U.S. Congress, Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and bank regulation, regulating ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Saint Helena
Politics of Saint Helena takes place in a framework of limited self-government as a dependent territory of the United Kingdom, whereby the Governor is the head of government. Saint Helena, an island in the southern Atlantic Ocean, is a part of the British overseas territory of Saint Helena, Ascension and Tristan da Cunha. It has had its present constitution since 1 September 2009. Executive power is exercised by the Governor and the Executive Council. Legislative power is vested in both the Governor and the Legislative Council. The judiciary is independent of the executive and the legislature. Military defence is the responsibility of the United Kingdom. Saint Helena had until 2009 two dependencies: Ascension Island and Tristan da Cunha. These territories have their own political structures with Administrators under the Governor of Saint Helena. They are now equal parts of Saint Helena, Ascension and Tristan da Cunha along with St Helena itself. Executive branch , align=lef ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saint Helenian Pound
The pound is the currency of the Atlantic islands of Saint Helena and Ascension, which are constituent parts of the British Overseas Territory of Saint Helena, Ascension and Tristan da Cunha. It is fixed at parity with sterling, and so both currencies are commonly accepted and circulated within Saint Helena. It is subdivided into 100 pence. Tristan da Cunha, the third part of the territory, officially adopted sterling. However, commemorative coins are occasionally minted for the island. History Initially, sterling coin circulated on Saint Helena, in units of a '' pound'' divided into 20 ''shillings'', each of 12 ''pence''. That was supplemented by occasional local issues of paper currencies. One coin, a copper halfpenny, was struck in 1821, specifically for use in the islands, and intermingled with sterling coinage. The notes were denominated in pounds and shillings, and valued at par with sterling. Prior to February 1961, the South African pound, which was then equal i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Gibraltar
His Majesty's Government of Gibraltar is the democratically elected government of the British Overseas Territory of Gibraltar. The head of state is King Charles III who is represented by the Governor. Elections in Gibraltar are held every four years, with a unicameral parliament of 18 members of which 17 members are elected by popular vote and one, the Speaker, appointed by Parliament. The executive The leader of the majority party (or majority coalition) is formally appointed by the governor as the Chief Minister (head of government). The legislature The Cabinet (Council of Ministers) is generally formed by 10 of the 17 elected Members of Parliament, through choice made by the Chief Minister with the approval of the Governor. The seven remaining members constitute the Opposition ( Shadow Cabinet). The last general election was held on 17 October 2019. Cabinet The Cabinet (elected as from December 2011) and after the reshuffle, as announced by the Chief Minister after the 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gibraltar Pound
The pound ( sign: £; ISO code: GIP) is the currency of Gibraltar. It is pegged to – and exchangeable with – sterling at par value. Coins and banknotes of the Gibraltar pound are issued by the Government of Gibraltar. History Until 1872, the currency situation in Gibraltar was complicated, with a system based on the real being employed which encompassed British, Spanish and Gibraltarian coins. From 1825, the real (actually the Spanish '' real de plata'') was tied to the pound at the rate of 1 Spanish dollar to 4 shillings 4 pence (equivalent to 21.67 pence today). In 1872, however, the Spanish currency became the sole legal tender in Gibraltar. In 1898, the Spanish–American War made the Spanish peseta drop alarmingly and the pound was introduced as the sole currency of Gibraltar, initially in the form of British coins and banknotes. In 1898, sterling coin was made sole legal tender, although the Spanish peseta continued in circulation until the Spanish Civil War. Sinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of The Falkland Islands
The politics of the Falkland Islands takes place in a framework of a constitutional monarchy and parliamentary representative democratic dependency as set out by the constitution, whereby the Governor exercises the duties of head of state in the absence of the monarch and the Chief Executive is the head of the Civil Service, with an elected Legislative Assembly to propose new laws, national policy, approve finance and hold the executive to account. The islands, an archipelago in the southern Atlantic Ocean, are a self-governing British overseas territory. Executive power is exercised on behalf of the King by an appointed Governor, who primarily acts on the advice of the Executive Council. Legislative power is vested in both the government and the Legislative Assembly. The judiciary is independent of the executive and the legislature. The military defence and foreign policy of the islands is the responsibility of the United Kingdom. No political parties exist on the islands ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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