10 Curiosities about the Pound Sterling
Oldest currency in the world: The pound sterling is the oldest currency in continuous use in the world, with more than 1,200 years of history.

Origin of the name: The term "sterling" comes from the word "sterling", which refers to the high-quality silver used in English coins.

Traditional divisions: Before decimalisation in 1971, a pound was divided into 20 shillings, and each shilling into 12 pence, making 240 pence per pound.

£ Symbol: The £ symbol comes from the letter "L" of the Latin word "libra", which means pound, the unit of weight.

Polymer banknotes: Since 2016, the Bank of England has been issuing polymer banknotes, which are more durable and secure than traditional paper banknotes.

Gold Reserve: Although no longer backed by gold, the pound sterling was once part of the gold standard system, which meant it could be exchanged for a specific amount of gold.

United Kingdom Currency: The pound sterling is the official currency of the United Kingdom, as well as its overseas territories and Crown dependencies such as Jersey, Guernsey and the Isle of Man.

Bank of England: Founded in 1694, the Bank of England is the central bank that issues the pound sterling and is one of the oldest financial institutions in the world.

Not just banknotes and coins: The pound sterling also exists in electronic forms, being widely used in digital transactions and credit and debit cards.

Global Popularity: The British pound is one of the world's major reserve currencies, along with the US dollar, euro and Japanese yen.

Exchange from Pounds Sterling to Euros at the Torrevieja Exchange Office
Exchanging pounds sterling into euros at an exchange office such as Exchange Torrevieja is a convenient and practical option for residents and tourists in the region. Local exchange offices usually offer competitive rates and the advantage of avoiding the commissions that banks often impose. In addition, doing it in a physical office allows you to receive personalized advice and the possibility of negotiating better rates if a significant amount of money is exchanged. For those who plan to travel to countries in the euro zone or simply prefer to manage their finances in euros, making the change in Torrevieja guarantees a smoother and smoother transition.