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LOADINGLOADING The currency of Britain Sterling(英国货币)is the standard currency unit(单位)of the United Kingdom,issued by the Bank of England.Before 1971 there are two kind of Auxiliary(辅助的)(辅助的)currency-the shilling(先令)and penny(便士)At that time 1 pound equal to 20 shillings 1 shilling equal to 12 penceFrom February 15,1971,the Bank of England implement(执行)the new system of currency so the new penny born.1 pound equal to 100 new penny.The note(纸币)in circulation(流通)are four denominations(面额)of 5,10,20 and 50 pound.While there are1,2,5,10,20 and 50 new pence.All coins and notes are use the British monarch(国王)-Queen Elizabeth as there positive pattern,while the back are different according to different districts.Until 1930s ,the Britain completed the industrial revolution(工业革命)firstly and became the greatest colonial empire(殖民帝国),he had colonies on every continent around the world and called himself the empire of the son(日不落帝国).we can say the Britain used the sterling instead of force to conquer(征服)the world.The pound has been the worlds most important international means of payment and reserve currency(支付和贮藏货币)until the early 20th century,after the World War the states of pound tended to decline because of gradual appreciation(增值)of the dollarSterling is the British national currency,although the UK is the EUs member states,but they did not joined the euro zone(欧元区),so it still uses pounds.
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