What is the currency in Edinburgh?
Britain’s monetary system is based on the pound Sterling (£), which is made up of 100 pence (written as “p”). “Quid,” similar to “buck” in the US; British slang for a pound. Scotland issues its own currency, but British and Scottish money are interchangeable (although using Scottish notes in England can sometimes be problematic). There are £1and £2 coins, as well as coins of 50p, 20p, 10p, 5p, 2p, and 1p. Banknotes come in denominations of £5, £10, £20, and £50. Unlike in England, Scots still use £1notes. As of March 2009, £1 = $1.37 (U.S. Dollars). Bear in mind that exchange rates fluctuate constantly. For more exact ratios between these and other currencies, check an up-to-date source at the time of your arrival in Europe. Regarding the Euro in Great Britain, you will not see Europe’s newest currency, the Euro (currently worth approximately US$1.26), used in Great Britain, which steadfastly refuses to give up the pound. You will find Euros in the rest of the European Union.
