3/1/2023 0 Comments Penc and pound![]() Top tip: If you’re studying in or visiting Northern Ireland and you have some Euros, you can always visit Republic of Ireland across the border and spend them there! Some places in London such as Harrods and Selfridges may take Euros and even Dollars as payment but if you need a ‘bureau de change’, Marks and Spencer, a common high street store, is a popular place to exchange money. What about Euros?ĭespite its physical and cultural proximity to continental Europe, the UK has never really embraced the Euro as an accepted form of currency. Top tip: You can exchange Scottish and Northern Irish bank notes for English ones at most banks in England – usually for free!Ĭlick here to find out more about British currency. It’s worth remembering that many shops outside of these countries might not accept these notes as they may be unfamiliar to them. This is because Scotland and Northern Ireland can issue their own bank notes which, as well as Bank of England notes, are accepted in these countries. If you’re studying in, or visiting, Scotland or Northern Ireland you might notice some pound notes that look very different to the Bank of England notes. Top tip: £50 notes are quite rare, and some shops can be cautious about accepting them in case they are fake! Sounds simple! These notes have pictures of famous Britons on them, so you can even learn a little British history while spending your money. The lower values – £1 and £2 – come in coins, while the higher values of £5, £10, £20 and £50 come in different coloured notes issued by the Bank of England. Pounds, often called ‘quid’ by Brits, come in both coins and notes. Top tip: Pence is often simply pronounced ‘pea’, and one pence is also sometimes called a penny. Pence come in coins of 1, 2, 5, 10, 20 and 50, and these coins vary in colour and shape.īut one thing you’ll always see on British money? The Queen of England – of course! ![]() This means there are 100 pence in a pound. The UK uses the Pound Sterling which, like most currencies around the world, is a decimal currency. ![]() ![]() Whether you’ve recently moved to the UK or you’re thinking it may be a good study location for you – you’ll need to know your pounds from your pence.įrom buying a cup of tea or a bus ticket to paying a bill at a restaurant you’ll most likely need to use British money when studying in the UK.ĭebit and credit cards are a popular way to pay for things in the UK, but there’ll still be times when you’ll need to use ‘real’ money – cash. ![]()
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