The pound is the name of the national currency and monetary unit in Britain. Sterling is mainly issued by the Bank of England, but there are also other issuers. What is the most commonly used symbol for the pound? .

In July 2002, the euro became the only legal tender in the euro zone. The euro is managed by european system of central banks, which is composed of the European Central Bank and the central banks of the euro zone countries.

2. Different circulation fields

According to EU regulations, euro cash was officially circulated on June 65438+1 October 1 day, 2002, and the original currency of euro zone member countries stopped circulating on March1day, 2002. At present, more than half of the 27 member States of the European Union have joined the euro zone, while Poland, Czech Republic, Denmark and other countries have not yet entered the euro zone due to their own interests and other reasons.

In addition to Britain, the currencies of British overseas territories are also denominated in British pounds, and the exchange rate with British pounds is fixed at 1: 1.

3. Different exchange rates

1 GBP =8.9888 RMB CNY

1 euro =7.6 1 12 RMB.

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