List of British currencies explained

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.

LocationNative currencyIssuing authority
SterlingBank of England
Local, privately-issued sterling banknotesIssued by license of the Bank of England to Scotland's three largest clearing banks (the Royal Bank of Scotland, the Bank of Scotland and the Clydesdale Bank)
Local, privately-issued sterling banknotesIssued under a licence of the Bank of England to four retail banks : Bank of Ireland, First Trust Bank, Danske Bank (formerly Northern Bank) and Ulster Bank.[1]
Jersey pound (local, government-issued sterling banknotes and coins)Issued by license of the Bank of England to the Treasury and Resources Department, States of Jersey[2]

  • (including, and)
Guernsey pound (local, government-issued sterling banknotes and coins)
Alderney pound (local, government-issued commemorative coins)
Issued by license of the Bank of England to the Treasury and Resources Department, States of Guernsey
Manx pound (local, government-issued sterling banknotes and coins)Issued by license of the Bank of England to the Isle of Man Treasury
Falkland Islands pound (parity with pound sterling)Government of the Falkland Islands
Gibraltar pound (parity with pound sterling)
Euro accepted unofficially in most establishments
Government of Gibraltar
Saint Helenian pound (parity with pound sterling)
(US$ accepted in Ascension Island)
Government of Saint Helena
United States dollar (de facto)[3] [4]
Sterling (de jure)[5] [6] [7]
US Federal Reserve System
United States dollar
Bahamian dollar also accepted in the Turks and Caicos Islands
US Federal Reserve System
Eastern Caribbean dollar (2.7EC$=1US$)Eastern Caribbean Central Bank
Bermudian dollar (parity with United States dollar)Bermuda Monetary Authority
Cayman Islands dollar (1KY$=1.2US$)Cayman Islands Monetary Authority
New Zealand dollar
US dollar widely accepted[8]
Pound sterling is also accepted.
[9]
Pitcairn Islands dollar (on par with New Zealand dollar; commemorative issue only)
Reserve Bank of New Zealand
EuroEuropean Central Bank

See also

Notes and References

  1. Web site: Current Banknotes. The Association of Commercial Banknote Issuers. 27 April 2013. https://web.archive.org/web/20170913155057/http://www.acbi.org.uk/current_banknotes.php. 13 September 2017. dead.
  2. Web site: Government of Jersey.
  3. Web site: Country Profile: British Indian Ocean Territory (British Overseas Territory) . dead . https://web.archive.org/web/20091107131826/http://www.fco.gov.uk/en/travel-and-living-abroad/travel-advice-by-country/country-profile/asia-oceania/british-indian-ocean-territory?profile=all . 2009-11-07 . 2024-06-10 . Foreign, Commonwealth and Development Office.
  4. Web site: The World Factbook. https://web.archive.org/web/20070612211417/https://www.cia.gov/library/publications/the-world-factbook/geos/io.html. dead. 12 June 2007.
  5. Web site: British Indian Ocean Territory Currency . wwp.greenwichmeantime.com . 6 March 2013 . 28 April 2013.
  6. Web site: Anderson . Joel . Unusual Coins . live . https://web.archive.org/web/20101228070318/https://www.joelscoins.com/oops.htm . 2010-12-28 . 2024-06-10.
  7. Web site: Home . live . https://web.archive.org/web/20110910163151/http://www.biotpostoffice.com/index.asp . 2011-09-10 . 2024-06-10 . BIOT Post Office.
  8. Web site: Archived copy . 2016-04-30 . https://web.archive.org/web/20160509141817/http://www.demtullpitcairn.com/2016JanFebMarch.pdf . 2016-05-09 . dead .
  9. Book: Asia & Pacific Review 2003/04: The Economic and Business Report . 2003 . 9781862170391 . 245 . Walden Publishing Limited . en.