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Great Britain A-Z
Actual currency exchange rates
Money in Great Britain (notes and coins)
Great Britains legal tender is called Pound (GBP).
1 Pound = 100 pence.
Coins in circulation:
1, 2, 5, 10, 20 and 50 pence
£1 and £2
Notes in circulation:
£5, £10, £20 and £50
Currency exchange
You can exchange almost everywhere, in big cities and small towns. You can use an ATM machine or visit a bank, currency exchange counter in town or at a hotel reception desk.
Also using your credit/debit card at the cashpoint/ATM (Bankomat) will give you a good exchange rate. Be aware that many banks charge for this service. ATMs offer service in English so you won't have any problems with withdrawing money.
Try to avoid changing money at the airport on arrival as the rates are not favorable. If you do not have an ATM card, then change the minimum to get you into town and then change the rest there.