Pound (currency)
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Pound is the name for a unit of
currency A currency, "in circulation", from la, Wikt:currens, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or currency in circulation, circulation as a medium of exchange, for example ba ...
. It is used in some countries today and previously was used in many others. The English word ''pound'' derives from the
Latin Latin (, or , ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber area (then known as Latium) around present-day Rome, but through ...
expression , in which lībra is a noun meaning "pound" and ''pondō'' is an adverb meaning "by weight". The currency's
symbol A symbol is a mark, sign, or word that indicates, signifies, or is understood as representing an idea, object, or relationship. Symbols allow people to go beyond what is known or seen by creating linkages between otherwise very different ...
is £, a stylised form of the
blackletter Blackletter (sometimes black letter), also known as Gothic script, Gothic minuscule, or Textura, was a script used throughout Western Europe from approximately 1150 until the 17th century. It continued to be commonly used for the Danish, Norweg ...
L (\mathfrak) (from ''libra''), crossed to indicate abbreviation. The term was adopted in England from the weight of silver used to make to 240 pennies, and eventually spread to British colonies all over the world. While silver pennies were produced seven centuries earlier, the first pound coin was minted under Henry VII in 1489.


Countries and territories currently using currency units named "pound"


Historical currencies

*
Australian pound The pound (Currency symbol, Sign: £, £A for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. As with other £sd currencies, it was subdivided into 20 Shilling (Australi ...
(until 1966, replaced by the
Australian dollar The Australian dollar ( sign: $; code: AUD) is the currency of Australia Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and ...
). The Australian pound was also used in the
Gilbert and Ellice Islands The Gilbert and Ellice Islands (GEIC as a colony) in the Pacific Ocean were part of the British Empire from 1892 to 1976. They were a British protectorate, protectorate from 1892 to 12 January 1916, and then a crown colony, colony until 1 Janua ...
,
Nauru Nauru ( or ; na, Naoero), officially the Republic of Nauru ( na, Repubrikin Naoero) and formerly known as Pleasant Island, is an island country and microstate in Oceania, in the Pacific Ocean, Central Pacific. Its nearest neighbour is Banaba ...
,
New Hebrides New Hebrides, officially the New Hebrides Condominium (french: link=no, Condominium des Nouvelles-Hébrides, "Condominium of the New Hebrides") and named after the Hebrides, Hebrides Scottish archipelago, was the colonial name for the isla ...
and Papua and New Guinea. It was replaced in the New Hebrides/Vanuatu in 1981 by the
Vanuatu vatu The vatu (currency sign, abbreviation: VT;The Reserve Bank of Vanuatu.Current Banknotes and Coins in Circulation" Accessed 2 March 2013. ISO 4217, ISO code: VUV) is the currency of Vanuatu. The vatu has no subdivisions. Etymology The term '' ...
. *
Bahamian pound The pound was the currency of the Bahamas until 1966. It was equivalent to the pound sterling and was divided into 20 ''shillings'', each of 12 ''penny, pence''. Standard sterling coinage circulated. Apart from a Bahamas penny coin struck in 1806, ...
(until 1966, replaced by the
Bahamian dollar The dollar (currency sign, sign: Dollar sign, $; ISO 4217, code: BSD) has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign ''$'', or alternatively B$ to distinguish it from other dollar-denominated curr ...
) * Bermudian pound (until 1970, replaced by the
Bermudian dollar The Bermudian dollar (currency sign, symbol: dollar sign, $; ISO 4217, code: BMD; also abbreviated BD$; informally called the Bermuda dollar) is the official currency of the British Overseas Territories, British Overseas Territory of Bermuda. ...
) *
Biafran pound The pound (symbol £) was the currency of the breakaway Biafra, Republic of Biafra between 1968 and 1970. The first notes, in denominations of 5shilling, /– and £1, were introduced on January 29, 1968. A series of coins was issued in 1969; 3p ...
(1968 to 1970, replaced by the Nigerian pound) *
British West African pound The pound was the currency of British West Africa, a group of British colonies, protectorates and mandate territories. It was equal to one Pound (currency), pound Pound sterling, sterling and was similarly subdivided into 20 shillings, each of 12 ...
** in British Cameroon replaced by the
CFA franc The CFA franc (french: franc CFA, , Franc of the Financial Community of Africa, originally Franc of the French Colonies in Africa, or colloquially ; abbreviation: F.CFA) is the name of two currencies, the West African CFA franc, used in eight ...
in 1961 ** in
Gambia The Gambia,, ff, Gammbi, ar, غامبيا officially the Republic of The Gambia, is a country in West Africa. It is the smallest country within mainland AfricaHoare, Ben. (2002) ''The Kingfisher A-Z Encyclopedia'', Kingfisher Publicatio ...
, replaced by the Gambian pound in 1968 ** in
Ghana Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and ...
, replaced by the Ghanaian pound in 1958 ** in
Liberia Liberia (), officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to Liberia–Sierra Leone border, its northwest, Guinea to Guinea–Liberia border, its north, Ivory Coast to Ivory Coast ...
, replaced by the U.S. dollar in 1943 ** in
Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of G ...
, replaced by the Nigerian pound in 1958 ** in
Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the northern half of the nation. Covering a total area of , Sierra ...
, replaced by the Sierra Leonean leone, leone in 1964 *
Canadian pound The pound (symbol £) was the currency of the Canadas until 1858. It was subdivided into 20 ''shillings'' (s), each of 12 ''penny, pence'' (d). In Lower Canada, the ''French sol, sou'' was used, worth penny. Although the £sd accounting system ...
(until 1859, replaced by the
Canadian dollar The Canadian dollar (currency symbol, symbol: Dollar sign, $; ISO 4217, code: CAD; french: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, there is no standard disambiguating form, but the abbreviation Can ...
) *
Cypriot pound The pound, or lira ( el, λίρα, plural , and tr, lira, ota, لیره, from the Latin Latin (, or , ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally a diale ...
(Cyprus and Sovereign Base Areas of
Akrotiri and Dhekelia Akrotiri and Dhekelia, officially the Sovereign Base Areas of Akrotiri and Dhekelia (SBA),, ''Periochés Kyríarchon Váseon Akrotiríou ke Dekélias''; tr, Ağrotur ve Dikelya İngiliz Egemen Üs Bölgeleri is a British Overseas Territories ...
, until 1 January 2008, replaced by the
euro The euro (currency symbol, symbol: euro sign, €; ISO 4217, code: EUR) is the official currency of 19 out of the Member state of the European Union, member states of the European Union (EU). This group of states is known as the eurozone o ...
) * Fijian pound (until 1969, replaced by the
Fijian dollar The Fijian dollar (currency sign: FJ$, Dollar sign, $; ISO 4217, currency code: FJD) has been the currency of Fiji since 1969 and was also the currency between 1867 and 1873. It is normally abbreviated with the dollar sign $, or alternatively ...
) * Gambian pound (1968 to 1971, replaced by the dalasi) * Ghanaian pound (1958 to 1965, replaced by the cedi) *
Irish pound The pound (Irish language, Irish: ) was the currency of the Republic of Ireland until 2002. Its ISO 4217 code was IEP, and the Currency symbol, symbol was £ (or IR£ for distinction). The Irish pound was replaced by the euro on 1 January 1999. ...
(Irish: ''Punt na hÉireann'') (until 2002, replaced by the
euro The euro (currency symbol, symbol: euro sign, €; ISO 4217, code: EUR) is the official currency of 19 out of the Member state of the European Union, member states of the European Union (EU). This group of states is known as the eurozone o ...
) *
Israeli pound The pound or lira ( he, לירה ישראלית ''Lira Yisra'elit'', ar, جنيه إسرائيلي ''Junayh ʾIsrāʾīlī''; abbreviation: IL in Latin Latin (, or , ) is a classical language belonging to the Italic languages, Italic bran ...
, also known as the Israeli lira (until 1980, replaced by the sheqel) *
Jamaican pound The pound was the official currency of Jamaica between 1840 and 1969. It circulated as a mixture of Pound sterling, sterling coinage and locally issued coins and banknotes and was always equal to the pound sterling. The Jamaican pound was also us ...
(until 1968, replaced by the Jamaican dollar). The Jamaican pound was also used in
Cayman Islands The Cayman Islands () is a self-governing British Overseas Territories, British Overseas Territory—the largest by population in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Caym ...
and
Turks and Caicos Islands The Turks and Caicos Islands (abbreviated TCI; and ) are a British Overseas Territories, British Overseas Territory consisting of the larger Caicos Islands and smaller Turks Islands, two groups of Island#Tropical islands, tropical islands i ...
until 1968. * Jordanian pound; ''see Palestine pound,'' below. * Libyan pound (until 1971, replaced by the
Libyan dinar The dinar ( ar, دينار (); currency sign, sign: LD in Latin alphabet, Latin, ل.د in Arabic script, Arabic; ISO 4217, code: LYD) is the official currency of Libya. The dinar is divided into 1,000 dirhams (). It is issued by the Central Bank ...
) * Malawian pound (1964 to 1970, replaced by the
Malawian kwacha The kwacha (; ISO 4217: MWK, official name Malawi Kwacha) is the currency of Malawi as of 1971, replacing the Malawian pound. It is divided into 100 tambala. The kwacha replaced other types of currency, namely the British pound sterling, the Sou ...
) * Maltese pound (also known as the Maltese lira and replaced by the euro on 1 January 2008) * New Brunswick pound (until 1860, replaced by the New Brunswick dollar) * Newfoundland pound (until 1865, replaced by the
Newfoundland dollar The dollar was the currency of the Newfoundland Colony, colony of Newfoundland and, later, the Dominion of Newfoundland, from 1865 until 1949, when Newfoundland and Labrador, Newfoundland became a Provinces and territories of Canada, province of C ...
) * New Guinean pound *
New Zealand pound The pound (symbol £, £NZ. for distinction) was the currency of New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Is ...
(until 1967, replaced by the
New Zealand dollar The New Zealand dollar ( mi, tāra o Aotearoa; sign: $, NZ$; code: NZD) is the official currency and legal tender of New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two ...
). The New Zealand pound was also used in the
Cook Islands ) , image_map = Cook Islands on the globe (small islands magnified) (Polynesia centered).svg , capital = Avarua , coordinates = , largest_city = Avarua , official_languages = , langu ...
and the
Pitcairn Islands The Pitcairn Islands (; Pitkern: '), officially the Pitcairn, Henderson, Ducie and Oeno Islands, is a group of four volcanic islands in the southern Pacific Ocean The Pacific Ocean is the largest and deepest of Earth's five oceani ...
. * Nigerian pound (1958 to 1973, replaced by the
naira The naira (currency sign, sign: ₦; ISO 4217, code: NGN) is the currency of Nigeria. One naira is divided into 100 ''kobo''. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria ...
) * Nova Scotian pound (until 1860, replaced by the Nova Scotian dollar) * Oceanian pound (1942-1945 under Japanese occupation of
Kiribati Kiribati (), officially the Republic of Kiribati ( gil, ibaberikiKiribati),Kiribati
''The ...
,
Nauru Nauru ( or ; na, Naoero), officially the Republic of Nauru ( na, Repubrikin Naoero) and formerly known as Pleasant Island, is an island country and microstate in Oceania, in the Pacific Ocean, Central Pacific. Its nearest neighbour is Banaba ...
,
New Guinea New Guinea (; Hiri Motu: ''Niu Gini''; id, Papua, or , historically ) is the List of islands by area, world's second-largest island with an area of . Located in Oceania in the southwestern Pacific Ocean, the island is separated from Mainlan ...
,
Solomon Islands Solomon Islands is an island country consisting of six major islands and over 900 smaller islands in Oceania, to the east of Papua New Guinea and north-west of Vanuatu. It has a land area of , and a population of approx. 700,000. Its capita ...
and
Tuvalu Tuvalu ( or ; formerly known as the Ellice Islands) is an island country and microstate in the Polynesian subregion of Oceania in the Pacific Ocean. Its islands are situated about midway between Hawaii and Australia. They lie east-northeast ...
) *
Palestine pound The Palestine pound ( ar, جُنَيْه فِلَسْطَينِيّ, ; he, פוּנְט פַּלֶשְׂתִינָאִי (א״י), funt palestina'i (eretz-yisra'eli) or he, לירה (א״י), lira eretz-yisra'elit, link=no; Currency symbol, Si ...
(replaced by the Israeli pound; also served as Jordanian pound, replaced in Jordan by the
Jordanian dinar The Jordanian dinar ( ar, دينار أردني; ISO 4217, code: JOD; unofficially abbreviated as JD) has been the currency of Jordan since 1950. The dinar is divided into 10 dirhams, 100 qirsh (also called piastres) or 1000 fils (currency), fulu ...
) *
Pound Scots The pound (Scots language, Modern and Middle Scots: ''Pund'') was the currency of Scotland prior to the 1707 Treaty of Union between the Kingdom of Scotland and the Kingdom of England, which created the Kingdom of Great Britain. It was introdu ...
of Scotland (until 1707 union with England) * Prince Edward Island pound (until 1871, replaced by the Prince Edward Island dollar) * Rhodesian pound (1964 until 1970 in Rhodesia, replaced by the Rhodesian dollar) * Rhodesia and Nyasaland pound (1955-1964, replaced in Southern Rhodesia renamed Rhodesia by the Rhodesian pound, in Northern Rhodesia renamed Zambia by the Zambian pound, and in Nyasaland renamed Malawi by the Malawian pound) * Samoan pound (1914–1920 provisional issue by the New Zealand Government military administration. 1920–1959 by the New Zealand Government administration (Treasury notes). 1960–1963 by the Bank of Western Samoa. Replaced 1967 by the tala ($).) * Scottish pound: see ''Pound Scots,'' above. * Solomon Islands pound (1916-1932, replaced by the
Australian pound The pound (Currency symbol, Sign: £, £A for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. As with other £sd currencies, it was subdivided into 20 Shilling (Australi ...
) * South African pound (until 1961, replaced by
South African rand The South African rand, or simply the rand, (currency sign, sign: R; ISO 4217, code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesot ...
). The South African pound was also used in Basutoland, Bechuanaland,
South West Africa South West Africa ( af, Suidwes-Afrika; german: Südwestafrika; nl, Zuidwest-Afrika) was a territory under South African administration from 1915 to 1990, after which it became modern-day Namibia. It bordered People's Republic of Angola, Angol ...
and
Swaziland Eswatini ( ; ss, eSwatini ), officially the Kingdom of Eswatini and formerly named Swaziland ( ; officially renamed in 2018), is a landlocked country in Southern Africa. It is bordered by Mozambique to its northeast and South Africa to its no ...
. * South African Republic pond (refers to the republic in Transvaal, issued 1867–1902, replaced by the South African pound) * South West African pound (1930s to 1961, replaced by
South African rand The South African rand, or simply the rand, (currency sign, sign: R; ISO 4217, code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesot ...
) *
Southern Rhodesian pound The pound was the currency of Southern Rhodesia. It also circulated in Northern Rhodesia and Nyasaland. The pound was subdivided into 20 ''shillings'', each of 12 ''penny, pence''. History From 1896, private banks issued notes denominated in £s ...
(1896-1955, circulated also in Northern Rhodesia and Nyasaland; replaced by Rhodesia and Nyasaland pound) *
Sudanese pound The Sudanese pound (Arabic language, Arabic: ; abbreviation: LS in Latin alphabet, Latin, in Arabic script, Arabic, historically also £Sd; ISO 4217, ISO code: SDG) is the currency of the Sudan, Republic of the Sudan. The pound is divided in ...
(until 1992 and since January 2007) * Tongan pound (1921–1966 Government of Tonga Treasury notes. 1967 replaced by the pa'anga ($)) * Transvaal pound (see above, South African Republic pond) * West Indian pound (until 1949, replaced by
East Caribbean dollar The Eastern Caribbean dollar (currency symbol, symbol: EC$; ISO 4217, 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 d ...
) * Western Samoan pound (1920-1967, replaced by Samoan tala) * Zambian pound (1964 to 1968, replaced by the Zambian kwacha)


Currencies of the former British colonies in America

All of the following currencies have been replaced by the
US dollar The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from Dollar, other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American ...
. * Connecticut pound (
Connecticut Connecticut () is the southernmost state in the New England region of the Northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, New York (state), New York to the west, and Long Island Sound to the ...
) * Delaware pound (
Delaware Delaware ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The s ...
) * Georgia pound ( Georgia) * Maryland pound (
Maryland Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It shares borders with Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; ...
) *
Massachusetts pound The pound was the currency of the Commonwealth of Massachusetts and its colonial predecessors until 1793. The Massachusetts pound used the £sd currency system of 1 pound divided into 20 shillings, each of 12 penny, pence. Initially, Pound sterli ...
(
Massachusetts Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut assachusett writing systems, məhswatʃəwiːsət'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England ...
) * New Hampshire pound (
New Hampshire New Hampshire is a U.S. state, state in the New England region of the northeastern United States. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec t ...
) * New Jersey pound (
New Jersey New Jersey is a U.S. state, state in the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. It is bordered on the north and east by the state of New York (state), New York; on the ea ...
) * New York pound ( New York) * North Carolina pound (
North Carolina North Carolina () is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. The state is the List of U.S. states and territories by area, 28th largest and List of states and territories of the United ...
) * Pennsylvania pound (
Pennsylvania Pennsylvania (; (Pennsylvania Dutch language, Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a U.S. state, state spanning the Mid-Atlantic (United States), Mid-Atlantic, Northeastern United States, Northeastern, Appa ...
) * Rhode Island pound (
Rhode Island Rhode Island (, like ''road'') is a U.S. state, state in the New England region of the Northeastern United States. It is the List of U.S. states by area, smallest U.S. state by area and the List of states and territories of the United States ...
) * South Carolina pound (
South Carolina )''Animis opibusque parati'' ( for, , Latin, Prepared in mind and resources, links=no) , anthem = "Carolina (state song), Carolina";"South Carolina On My Mind" , Former = Province of South Carolina , seat = Columbia, South Carolina, Columbia , ...
) * Virginia pound (
Virginia Virginia, officially the Commonwealth of Virginia, is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic and Southeastern United States, Southeastern regions of the United States, between the East Coast of the United Stat ...
)


See also

* Green pound, used within the European Union's
Common Agricultural Policy The Common Agricultural Policy (CAP) is the agricultural policy of the European Union. It implements a system of agricultural subsidies and other programmes. It was introduced in 1962 and has since then undergone several changes to reduce the ...
until 1999 *
Lira Lira is the name of several currency units. It is the current Turkish lira, currency of Turkey and also the local name of the Lebanese pound, currencies of Lebanon and of Syrian pound, Syria. It is also the name of several former currencies, ...
, "pound" in some languages **
Italian lira The lira (; plural lire) was the currency of Italy between 1861 and 2002. It was first introduced by the Kingdom of Italy (Napoleonic), Napoleonic Kingdom of Italy in 1807 at par with the French franc, and was subsequently adopted by the different ...
, the Italian word for "pound". (Currency of Italy until 2002, replaced by the
euro The euro (currency symbol, symbol: euro sign, €; ISO 4217, code: EUR) is the official currency of 19 out of the Member state of the European Union, member states of the European Union (EU). This group of states is known as the eurozone o ...
) **
Turkish lira The lira ( tr, Türk lirası; Currency sign, sign: ₺; ISO 4217, ISO 4217 code: TRY; abbreviation: TL) is the official currency of Turkey and Northern Cyprus. One lira is divided into one hundred ''kuruş''. History Ottoman lira (1844–1923) ...
, the Turkish word for "pound". * Livre (disambiguation), the French word for "pound" *
Peso The peso is the monetary unit of several countries in the Americas, and the Philippines. Originating in the Spanish Empire, the word translates to "weight". In most countries the peso uses the Dollar sign, same sign, "$", as many currencies na ...
, Spanish for "weight", cognate of "pound" *
Pound sign The pound sign is the currency symbol, symbol for the pound unit of account, unit of Pound sterling, sterling – the currency of the United Kingdom and previously of Kingdom of Great Britain, Great Britain and of the Kingdom of England. The s ...
, the £ symbol and its variants *
Roman currency Roman currency for most of Roman history consisted of gold, silver, bronze, orichalcum#Numismatics, orichalcum and copper coinage. From its introduction to the Roman Republic, Republic, during the third century BC, well into Roman Empire, Imperial ...
, from which the pound and lira are derived * Sterling banknotes – information on the banknotes issued and used in Britain


Notes


References

{{Authority control Denominations (currency)