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Meaning of Pound Sterling Pound Sterling, also known as the British pound, is the official currency of the United Kingdom. It is one of the oldest and most valuable currencies in the world, with a rich history and a unique design. The word "pound" derives from the Latin word "pondus," which means weight. In ancient times, people used to trade goods by weight, so the pound was a natural unit of measurement. The first English currency called the pound was introduced in the late 8th century by King Offa of Mercia. It was made of silver and weighed one pound, hence the name. The term "sterling" originates from the Old Norman French word "esterlin," which referred to a little star or a coin with a star on it. The first coins with the Ste《阅读更多 星座表十二星座查询常识请关注 :星运网,wWW.iXINgyUn.cC］rling mark were minted in England in the 13th century and were known for their high level of purity and quality. The pound sterling has undergone many changes throughout history. In 1694, the Bank of England was established as the central bank and began to issue banknotes. During World War I, the gold standard was abandoned, and the pound was devalued. In 1971, the pound was decimalized, and the new currency system was introduced that we still use today. The design of the pound has remained relatively consistent over the years, featuring the profile of the reigning monarch on the front and various national symbols on the back. The reverse of the coin currently in circulation features the Royal Arms, which represents the unity of the four countries of the United Kingdom. In conclusion, the English pound sterling is a unique and historic currency. Its name reflects its weight and purity, as well as its association with a star. Despite the changes it has undergone, the pound continues to hold significant value and plays a critical role in the British economy.