Pound

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1.

One unit of the UK pound sterling (GBP).


For most of the historical period up the early 19th century, it could - in theory - be exchanged for one pound (weight) of silver.

Thereafter the pound was generally backed by gold (the 'gold standard').

Since 1931, the pound sterling has been a fiat currency.


2.

A pound is also one unit of a number of other currencies including those of Egypt (EGP), Lebanon (LBP), South Sudan (SSP), Sudan (SDG) and Syria (SYP).


See also