What is the full form of GBP:

GBP represents Great Britain Pound.

GBP or the Great Britain Pound is the currency of Great Britain which is commonly called as Pound. It is the official currency for multiple countries like U.K. or United Kingdom, Guernsey, Jersey, Isle of Man, Saint Helena, British Antarctic Territory, South Sandwich Islands etc. Great Britain pound is also called as sterling pound. Sterling pound is the oldest currency of the world which is still used. It has been in a continuous usage since its invention.

Great Britain Pound is subdivided into 100 pence. Penny is the singular form of pence. 1 sterling or pound is equal to 100 pence. Sterling is also named as quid. As $ is the symbol for dollar, pound has a symbol.

It is one of the most traded currencies in the world. It comes on number four. Bank of England is the central bank for sterling pound. It is Bank of England which issues the coins and notes of GBP. The official name of pound is pound sterling, but commonly it is called as pound.