£, #, or lb: What the Pound Symbol Very Means

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A similar symbol try (or try) used in similarly named currencies in a number of different countries and territories, such as the Irish lb, Gibraltar lb, Australian lb, and you will Italian lira. Sterling is actually freely traded on the foreign exchange markets globally, and its particular well worth prior to other currencies thus fluctuates. Brand new list is actually 9.8 inside the 1914 and you will peaked during the 25.step 3 from inside the 1920, prior to decreasing to help you 15.8 into the 1933 and you may 1934—cost have been no more than 3 x as high as they’d come 180 age before.

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