british monetary unit Sentence Examples

  1. The British monetary unit is the pound sterling, abbreviated as GBP.
  2. The pound sterling is divided into 100 smaller units called pence.
  3. Coins and banknotes are used as physical representations of the British monetary unit.
  4. The pound sterling has a long history, dating back to Anglo-Saxon times.
  5. As the British monetary unit, the pound sterling serves as the official currency of the United Kingdom.
  6. The pound sterling is also used as the official currency in some British overseas territories.
  7. The Bank of England is responsible for issuing and regulating the British monetary unit.
  8. Exchange rates determine the value of the British monetary unit relative to other currencies.
  9. The stability of the British monetary unit is essential for the UK's economy and international trade.
  10. Fluctuations in the value of the British monetary unit can impact inflation, interest rates, and overall economic growth.

british monetary unit Meaning

Wordnet

british monetary unit (n)

monetary unit in Great Britain

Synonyms & Antonyms of british monetary unit

No Synonyms and anytonyms found

FAQs About the word british monetary unit

monetary unit in Great Britain

No synonyms found.

No antonyms found.

The British monetary unit is the pound sterling, abbreviated as GBP.

The pound sterling is divided into 100 smaller units called pence.

Coins and banknotes are used as physical representations of the British monetary unit.

The pound sterling has a long history, dating back to Anglo-Saxon times.