The official currency used in the United Kingdom is the pound sterling. You might also hear this called the British pound, the pound or sterling and is subdivided into 100 pence to the pound.

The currency is split between both banknotes and coins.

Banknotes are divided into £50, £20, £10 and £5.

Coins are divided into £2, £1, 50p, 20p, 10p, 5p, 2p and 1p.

Below shows the currency value and name.

In the United Kingdom price labels in shops also includes the VAT, so the price displayed is what you are required to pay for that item.

Coins

1 pence coin

1p

Pronounced one pee.

2 pence coin

2p

Pronounced two pee.

5 pence coin

5p

Pronounced five pee.

10 pence coin

10p

Pronounced ten pee.

twenty pence coin

20p

Pronounced twenty pee.

fifty pence coin

50p

Pronounced fifty pee.

one pound coin

£1

Pronounced one pound.

Two pound coin

£2

Pronounced two pound.

Notes

The image below shows the four banknotes used in the UK. You can tell them apart by colour

£5 note - blue

£10 note - orange

£20 note - purple

£50 note - red

pound sterling bank notes