Pound (currency) A pound is any of various units of currency in some nations. The term originated in the Frankish Empire as a result of Charlemagne's currency reform and was subsequently taken to Great Britain as the value of a pound of silver., this amount of silver was worth approximately £147 sterling . The English word pound is a cognate with, among others, German Pfund , Dutch pond , and Swedish pund . All ultimately derive from a borrowing into Proto-Germanic of the Latin expression lībra pondō , in which the word pondō is an adverb meaning "by weight" and related to the noun pondus .The currency's symbol is £ , a stylised representation of the blackletter L, standing for libra . Today, the term may refer to the English name of a number of currencies and a variety of obsolete currencies. Some of them, such as in countries formerly belonging to the Ottoman Empire , are called pound in English, while in the local languages their official name is lira .Countries and territories currently using currencies called pounds Country/territory Currency ISO 4217 codeTied to pound sterling? Egyptian pound EGP No Falkland Islands poundFKP Yes Gibraltar Gibraltar pound GIP Yes Guernsey pound GGP Yes Manx pound IMP Yes Jersey pound JEP Yes Lebanese pound LBP No Saint Helena poundSHP Yes South Sudanese pound SSP No Sudanese pound SDG No Syrian pound SYP No Pound sterling GBP N/A Pound sterling GBP N/A Pound sterling GBP N/A Pound sterling GBP N/A
Historical currencies Anglo-Saxon pound Australian pound . The Australian pound was also used in the Gilbert and Ellice Islands , Nauru , New Hebrides and Papua and New Guinea . It was replaced in the New Hebrides/Vanuatu in 1981 by the Vanuatu vatu . Bahamian pound Bermudian pound Biafran pound British West African pound * in British Cameroon replaced by the CFA franc in 1961 * in Gambia , replaced by the Gambian pound in 1968 * in Ghana , replaced by the Ghanaian pound in 1958 * in Liberia , replaced by the U.S. dollar in 1943 * in Nigeria , replaced by the Nigerian pound in 1958 * in Sierra Leone , replaced by the leone in 1964 Canadian pound Cypriot pound Fijian pound Gambian pound Ghanaian pound Irish pound Israeli pound , also known as the Israeli lira Jamaican pound . The Jamaican pound was also used in Cayman Islands and Turks and Caicos Islands until 1968. Jordanian pound; see Palestine pound . Libyan pound Malawian pound Maltese pound New Brunswick pound Newfoundland pound New Guinean pound New Zealand pound . The New Zealand pound was also used in the Cook Islands and the Pitcairn Islands . Nigerian pound Nova Scotian pound Oceanian pound Palestine pound Pound Scots of Scotland Prince Edward Island pound Rhodesian pound Rhodesia and Nyasaland pound Samoan pound . 1960–1963 by the Bank of Western Samoa . Replaced 1967 by the tala Scottish pound ; see Pound Scots Solomon Islands pound South African pound . The South African pound was also used in Basutoland , Bechuanaland , South West Africa and Swaziland . South African Republic pond South West African pound Southern Rhodesian pound Sudanese pound Tongan pound Transvaal pound West Indian pound Western Samoan pound Zambian pound All of the following currencies have been replaced by the US dollar .
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