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The British Pound, officially known as Pound Sterling, is one of the oldest currencies in existence and serves as the official currency of the United Kingdom, including England, Scotland, Wales, and Northern Ireland. Additionally, it is used in some of the UK’s overseas territories such as the Isle of Man, Jersey, and Guernsey. The pound is symbolized by "£" and is recognized globally as a major reserve currency. The Bank of England acts as the central bank responsible for issuing and regulating the currency. Its nickname "quid" is commonly used in informal contexts.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.