What type of money does England use?

Answer According to British school Woodlands Junior the currency used in England in 2010 is the pound sterling, which is abbreviated as GBP or Great British Pound. As England is part of the European Union... Read More »

Top Q&A For: What type of money does England use

What kind of money does England use?

England uses the British sterling as its money. The sterling is also referred to as a pound. With English money, 100 pence equals one pound. The symbol used for pounds is £, so 5 pounds and 30 pen... Read More »

What does e stand for in money terms in England?

The monetary system in England is based on the GBP (Great English pound) and is represented by a "£" symbol. There are 100 pence in a pound sterling, and a single pence is a penny.Source:England T... Read More »

What type of money does Ecuador use?

The official currency of Ecuador is the U.S. dollar. Ecuador once had its own official currency, but because of political instability and rapid inflation, the country decided to adopt the more stab... Read More »

What type of money does Brazil use?

The Brazilian currency is the real. The plural of real is reis. Each real is made up of 100 centavos.First CoinsThe first coins were minted in Brazil in 1695. Coins with a value of 1,000, 2,000 and... Read More »