Now we are looking on the crossword clue for: U.K. currency.
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Possible Answers:
GBP.
Last seen on: Daily Gulf News Crossword Answers Tuesday, 19 December 2023
Random information on the term “GBP”:
The Bank of England £5 note, also known as a fiver, is a sterling banknote . It is the smallest denomination of banknote currently issued by the Bank of England. In September 2016, a new polymer note was introduced, featuring the image of Queen Elizabeth II on the obverse and a portrait of Winston Churchill on the reverse. The old paper note, first issued in 2002 and bearing the image of prison reformer Elizabeth Fry on the reverse, was phased out and ceased to be legal tender after 5 May 2017.
Five pound notes (£5) were introduced by the Bank of England in 1793, following the ten pound note, which had been introduced in 1759 as a consequence of gold shortages caused by the Seven Years’ War. The 5 pound note was introduced again, due to gold shortages caused by the French Revolutionary Wars and the Napoleonic Wars and was the lowest denomination of note issued until 1797. The earliest notes were handwritten and were issued to individuals as needed. These notes were written on one side only and bore the name of the payee, the date and the signature of the issuing cashier.