Dating back to the 760s, the pound was first introduced as a silver coin and spread throughout the Anglo-Saxon kingdoms. In 1158 the design changed and instead of pure silver he made a new coin made of 92.5% silver and became known as the pound.
The British pound has been around for hundreds of years, with its origins dating back to his 8th century AD, when the Vikings in England used ancient silver coins to exchange goods. The British pound has undergone many changes in its weight and quality throughout its history.
The British pound is the oldest currency still in use and one of the most frequently converted currencies.