Pound Sterling in Qatari Rial

GBP Pound Sterling

Country of application:
United Kingdom, South Georgia and the South Sandwich Islands

Coin denominations in circulation:
1 pound sterling, 50, 20, 10, 5, 2 pence, 1 penny.

Denominations of banknotes in circulation:
50, 20, 10, 5, 2, 1 pound sterling.

History reference:
The British pound sterling is the official currency of Great Britain. Bank code - GBP. Sterling in the 12th century was called English silver coins. 240 sterling weighed just over 373 grams - that wa...s a pound. In Latin, pondus means weight, heaviness. That is, initially the pound sterling really meant "a pound of pure silver." There is a visible connection with the Old English lexeme steorling - "asterisk". It was the stars that depicted the silver coins produced in Normandy. Easterling Silver (literally: silver from the eastern lands) - hard-wearing coins made of a durable silver alloy, created in the north of modern Germany - those territories were formerly called Easterling.

QAR Qatari Rial

Country of application:
Qatar

Coin denominations in circulation:
1, 5, 10, 25, 50 dirhams.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100, 500 riyals.

History reference:
The Qatari rial has been the national currency and money of the State of Qatar from 1973 to the present. It replaced the riyal of Qatar and Dubai, after Dubai became part of the UAE. Until April 28, ...1959, the Indian rupee was in circulation in the country, until it was replaced by the Persian Gulf rupee issued for the countries of the Persian Gulf. The Gulf rupee was pegged to the Indian rupee and when the Indian rupee depreciated in 1965, the value of the Gulf rupee fell and then Qatar along with other Gulf countries decided to issue their own currency.