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Pound (currency)
Pound is a name of various units of currency. It is used in some countries today and previously was used in many others. The English word "pound" derives from the Latin language, Latin expression , "a pound by weight", in which means 'scale' or 'balance' and means 'pound' or 'weight'. The currency's Pound sign, symbol is £, a stylised form of the blackletter 'L' (\mathfrak) (from ), crossed to indicate abbreviation. Pound sterling#History (600 to 1945), The term was adopted in England from the weight of silver used to make 240 pennies, and eventually spread to British colonies all over the world. Although silver penny mintage began seven centuries earlier, the first pound coin was minted under Henry VII of England, Henry VII in 1489. Countries and territories currently using currency units named "pound" Historical currencies * Australian pound (until 1966, replaced by the Australian dollar). The Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New H ...
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Global Usage Of The Pound And Lira
Global may refer to: General *Globe, a spherical model of celestial bodies *Earth, the third planet from the Sun Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Marcoss'' Companies and brands Television * Global Television Network, in Canada ** Canwest Global, former parent company of Global Television Network ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Calgary ** Global Edmonton ** Global Halifax ** Global Montreal ** Global News, the news division of the Global Television Network ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto * Global TV (Venezuela), a regional channel in Venezuela * Global TV, ...
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Jersey Pound
The pound (, Jèrriais: ''Louis d'Jèrri''; abbreviation: JEP; sign: £) is the currency of Jersey. Jersey is in currency union with the United Kingdom, and the Jersey pound is not a separate currency but is an issue of banknotes and coins by the States of Jersey denominated in sterling, in a similar way to the banknotes issued in Scotland and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also ''sterling zone''). ISO 4217 does not include a separate currency code for the Jersey pound, the abbreviation "JEP" may be used if distinction from sterling is desired. Both Jersey and Bank of England notes are legal tender in Jersey and circulate together, alongside the Guernsey pound and Scottish banknotes. The Jersey notes are not legal tender in the United Kingdom and unlike Scottish and Northern Irish banknotes are not authorised by the British Parliament as legal currency in the United Kingdom. That said ...
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Papua And New Guinea
The Territory of Papua and New Guinea , officially the Administrative Union of the Territory of Papua and the Territory of New Guinea, was established by an administrative union between the Australian-administered territories of Papua and New Guinea (the latter being a United Nations trust territory administered by Australia) in 1949. In December 1971, the name of the Territory changed to "Papua New Guinea" and in 1975 it became the Independent State of Papua New Guinea. Background Colonisation and World Wars In 1884, Germany formally took possession of the northeast quarter of the island and it became known as German New Guinea. In 1884, a British protectorate was proclaimed over Papua – the southern coast of New Guinea. The protectorate, called British New Guinea, was annexed outright on 4 September 1888 and possession passed to the newly federated Commonwealth of Australia in 1902 and British New Guinea became the Australian Territory of Papua, with Australian admin ...
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New Hebrides
New Hebrides, officially the New Hebrides Condominium () and named after the Hebrides in Scotland, was the colonial name for the island group in the South Pacific Ocean that is now Vanuatu. Native people had inhabited the islands for three thousand years before the first Europeans arrived in 1606 from a Spanish expedition led by Portuguese navigator Pedro Fernandes de Queirós. The islands were named by Captain James Cook in 1774 and subsequently colonised by both the British and the French. The two countries eventually signed an agreement making the islands an Anglo-French condominium that provided for joint sovereignty over the archipelago with two parallel administrations, one British, one French. In some respects, that divide continued even after independence, with schools teaching in either one language or the other. The condominium lasted from 1906 until 1980, when New Hebrides gained its independence as the Republic of Vanuatu. Politics and economy The New Hebrides ...
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Nauru
Nauru, officially the Republic of Nauru, formerly known as Pleasant Island, is an island country and microstate in the South Pacific Ocean. It lies within the Micronesia subregion of Oceania, with its nearest neighbour being Banaba (part of Kiribati) about to the east. With an area of only , Nauru is the List of countries and dependencies by area, third-smallest country in the world, larger than only Vatican City and Monaco, making it the smallest republic and island nation, as well as the smallest member state of the Commonwealth of Nations by area. Demographics of Nauru, Its population of about 10,800 is the world's List of countries and dependencies by population, third-smallest (not including colonies or overseas territories). Nauru is a member of the United Nations, the Commonwealth of Nations, and the Organisation of African, Caribbean and Pacific States. Settled by Micronesians circa 1000 Common Era, BCE, Nauru was annexation, annexed and claimed as a colony by the G ...
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Gilbert And Ellice Islands
The Gilbert and Ellice Islands (GEIC as a colony) in the Pacific Ocean was part of the British Empire from 1892 to 1976. It was a British protectorate, protectorate from 1892 to 12 January 1916, and then a crown colony, colony until 1 January 1976, and was administered as part of the British Western Pacific Territories (BWPT) until it became independent as two separate states. The history of GEIC was mainly characterized by phosphate mining in Banaba and Nauru, phosphate mining on Ocean Island. In October 1975, these islands were divided by force of law into two separate colonies, and they became independent nations shortly thereafter: the Ellice Islands became Tuvalu in 1978, and the Gilbert Islands with Banaba (Ocean Island) became part of Kiribati in 1979. Location The Gilbert IslandsReilly Ridgell. ''Pacific Nations and Territories: The Islands of Micronesia, Melanesia, and Polynesia.'' 3rd. Ed. Honolulu: Bess Press, 1995. p. 95. sometimes also known as ''Kingsmill Islands' ...
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Australian Dollar
The Australian dollar (currency sign, sign: $; ISO 4217, code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar, dollar-denominated currencies; and also referred to as the dollar or Aussie dollar) is the official currency and Legal tender#Australia, legal tender of Australia, including States and territories of Australia, all of its external territories, and three independent sovereign Pacific Islands, Pacific Island states: Kiribati, Nauru, and Tuvalu. * ThMoney Trackersite allows users to track Australian banknotes as they circulate around Australia. Images of historic and modern Australian bank notes* [https://www.rba.gov.au/statistics/historical-data.html?v=2022-09-25-02-11-35#exchange-rates Reserve Bank of Australia – historical data of AUD since 1969 (various .xls files)] The banknotes of Australia
{{Authority control 1966 establishments in Australia Articles containing video clips Circulating currencies Currencies int ...
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Australian Pound
The pound (sign: £, £A for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. Like other £sd currencies, it was subdivided into 20 shillings (denoted by the symbol s or /–), each of 12 pence (denoted by the symbol d). History The establishment of a separate Australian currency was contemplated by section 51(xii) of the Constitution of Australia, which gave the Federal Parliament power to legislate with respect to "currency, coinage, and legal tender". Establishment Coinage The Deakin government's ''Coinage Act 1909'' distinguished between "British coin" and "Australian coin", giving both status as legal tender of equal value. The Act gave the Treasurer the power to issue silver, bronze and nickel coins, with the dimensions, size, denominations, weight and fineness to be determined by proclamation of the Governor-General. The first coins were issued in 1910, produced by the Royal Mint in Lond ...
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Cable (foreign Exchange)
The term cable is a slang term used by foreign exchange traders to refer to the exchange rate between the pound sterling and US dollar. The term originated in the mid-19th century, when the exchange rate between the US dollar and sterling began to be transmitted across the Atlantic by a submarine communications cable. The first Transatlantic Cable was laid under the Atlantic Ocean in 1858, but it failed after only about a month of fitful service. The first truly successful cable across the Atlantic was completed in July 1866, reliably transmitting currency prices between the London and New York City Exchanges. The first such exchange rate to be published in ''The Times ''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its si ...'' appeared in their issue of 10 August 1866. Transatlantic ...
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Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ...
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Syrian Pound
The Syrian pound or lira (; abbreviation: LS or SP in Latin alphabet, Latin, ل.س in Arabic script, Arabic, historically also Pound sign, £S, and £Syr; ISO 4217, ISO code: SYP) is the currency of Syria. It is issued by the Central Bank of Syria. The pound is nominally divided into 100 piastres ( ''qirsh,'' plural قروش ''qurūsh'' in Arabic language, Arabic, abbreviated to ), although piastre coins are no longer issued. Before 1947, the Arabic inscription of the word "qirsh" was spelled with the initial Arabic letter غ, after which the word began with ق. Until 1958, banknotes were issued with Arabic on the obverse and French on the reverse. Since 1958, English has been used on the reverses, hence the three different names for this currency. Coins used both Arabic and French until independence, then only Arabic. History French mandate During the period when Syria was a part of the Ottoman Empire, which lasted about 400 years, the Ottoman lira, Ottoman pound was i ...
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Sudanese Pound
The Sudanese pound (Arabic: ; abbreviation: LS in Latin, in Arabic, historically also £Sd; ISO code: SDG) is the currency of the Republic of the Sudan. The pound is divided into 100 piastres (or ''qirsh'' () in Arabic). It is issued by the Central Bank of Sudan. The pound fell for the first time since 1997 after the United States imposed economic sanctions on Sudan. The Sudanese pound continued its decline to an unprecedented number, falling to LS 53 against the dollar. This situation, which drained all economic measures, led to heavy losses in the external repercussions of the Sudan as a whole, in the light of the government cut, interrupted by some of the failed actions announced by the Central Bank of Sudan, a severe shortage of liquidity. The Sudanese pound fell against the US dollar after the Central Bank of Sudan announced the lifting of the cash reserve to counter inflation. Since the secession of South Sudan in 2011, Sudan has suffered from a scarcity of f ...
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