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List of British currencies

Topic: Finance

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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.

Location Native currency Issuing authority

Sterling

Bank of England

  •  Scotland

Local, privately-issued sterling banknotes

Issued 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)

  •  Northern Ireland

Local, privately-issued sterling banknotes

Issued 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

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]

  •  Guernsey
    (including  Alderney,  Sark and  Herm)

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

  •  Isle of Man

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

Falkland Islands pound (parity with pound sterling)

Government of the Falkland Islands

  •  Gibraltar

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

  •  British Indian Ocean Territory

United States dollar (de facto)[3][4]
Sterling (de jure)[5][6]

US Federal Reserve System

  •  British Virgin Islands
  •  Turks and Caicos Islands

United States dollar
Bahamian dollar also accepted in the Turks and Caicos Islands

US Federal Reserve System

  •  Anguilla
  •  Montserrat

Eastern Caribbean dollar (2.7EC$=1US$)

Eastern Caribbean Central Bank

  •  Bermuda

Bermudian dollar (parity with United States dollar)

Bermuda Monetary Authority

  •  Cayman Islands

Cayman Islands dollar (1KY$=1.2US$)

Cayman Islands Monetary Authority

  •  Pitcairn Islands

New Zealand dollar
US dollar widely accepted[7]
Pound sterling is also accepted.[8]
Pitcairn Islands dollar (on par with New Zealand dollar; commemorative issue only)

Reserve Bank of New Zealand

  •  Akrotiri and Dhekelia

Euro

European Central Bank

Notes

References

  1. ↑ "Current Banknotes". The Association of Commercial Banknote Issuers. http://www.acbi.org.uk/current_banknotes.php. Retrieved 27 April 2013. 
  2. ↑ "Government of Jersey". http://www.gov.je/GOVERNMENT/DEPARTMENTS/TREASURYRESOURCES/Pages/index.aspx. 
  3. ↑ FCO country profile
  4. ↑ "The World Factbook". https://www.cia.gov/library/publications/the-world-factbook/geos/io.html. 
  5. ↑ "British Indian Ocean Territory Currency". wwp.greenwichmeantime.com. 6 March 2013. http://wwp.greenwichmeantime.com/time-zone/asia/british-indian-ocean-territory/currency-british-indian-ocean-territory/index.htm. Retrieved 28 April 2013. 
  6. ↑ Commemorative UK pounds and stamps issued in GBP have been issued. Source:[1], [2]
  7. ↑ "Archived copy". http://www.demtullpitcairn.com/2016JanFebMarch.pdf. 
  8. ↑ Asia and Pacific Review 2003/04 p.245 ISBN:1862170398

See also

  • Sterling area
  • Bank of England
  • Currencies of the British West Indies
  • International status and usage of the euro
  • Commonwealth banknote-issuing institutions
  • List of countries by leading trade partners
  • List of Commonwealth of Nations countries by GDP
  • List of stock exchanges in the United Kingdom, the British Crown Dependencies and United Kingdom Overseas Territories



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