What is the full form of GBP
GBP: Great Britain Pound
GBP stands for Great Britain Pound. It is the currency of the Great Britain. Its official name is sterling pound but commonly it is known as the pound. Its name is derived from a Latin word 'Libra' which indicates weight and balance. It is the official currency of various countries like the United Kingdom, Jersey, Guernsey, Isle of Man, South Sandwich Islands, British Antarctic Territory, Saint Helena, etc.
GBP is the basic unit of British currency which is divided into one hundred pence. The singular form of pence is penny.
Sterling pound is the oldest currency of world which is still in use immensely. It is the fourth most traded currency in the world. Coins and notes of GBP are produced by Bank of England. Its official symbol is £ and its ISO code is GBP.