The symbol for pounds in money is “£”. It is a stylized letter L, representing the Latin word “libra”, which means “pound” in English. The symbol has been used for British currency since the 16th century, when King Henry VIII introduced a silver coin called the “pound”.
The £ symbol is used to represent the British pound sterling, which is the official currency of the United Kingdom. It is also used as the currency symbol for several other countries and territories, including Jersey, Guernsey, the Isle of Man, and Gibraltar.
The £ symbol is typically used before the numerical value of the amount in question, for example, £10.99. It is also used in written and printed text, such as newspapers and books, to indicate a monetary value. In some cases, the symbol may be abbreviated as “GBP”, which stands for “Great British Pound”.
The £ symbol has become a widely recognized symbol of British currency around the world, and is often used in popular culture, including movies, television shows, and music. It is also frequently used in international trade and finance, as the British pound is one of the world’s most widely traded currencies.
Overall, the £ symbol is a simple and elegant representation of the British pound, and its long history and widespread use have made it an iconic symbol of British culture and finance.
