Thursday, 19 January 2012

Currency- Changing Dollars Into Pounds


In Scotland, they use money called pound sterling. This is similar to a British pound, but is becoming less popular in Scotland and the British Pound is becoming more popular. I could also use a Euro at some places, but to be safe, I will have British Pound and the Pound Sterling. Right now if I were to take out a $100 in Canadian, I would only get £63.94 in the British pound. Or if I used the Pound Sterling, $1.00 Canadian dollar is equal to 1.56 Pound Sterling. Another example is let’s say a bottle of water. In Canadian dollars, it is usually around $2.00, so in a British Pound, you would pay around £1.28.  The British Pound is made of 100 pence. Pence is just like our penny, so 100 pennies. In the older days they use to have many names for their money. For example they used to have six pence, one shilling, half a crown and one guinea. They now use the 5 pound note, the 10 pound note, the 20 pound note and the 50 pound note. This is what i will be using while i am in Scotland. 

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