When you travel to London, it’s important to have a good understanding of the local currency. After all, you’ll need it for everything from transportation to dining and shopping. So, let’s dive in and explore what currency is used in London.

British Pound Sterling (GBP)

The official currency of London, as well as the entire United Kingdom, is the British Pound Sterling (£). The symbol for the pound is £, and it is further divided into pence (p). One British pound is equal to 100 pence.

London has a long history of using the pound as its currency. It is accepted by all businesses, including restaurants, shops, and tourist attractions. You will also find that major credit cards are widely accepted in most places, but it’s always a good idea to carry some cash for small purchases or establishments that may not accept cards.

Exchanging Currency

If you’re arriving in London with a foreign currency, you’ll need to exchange it for British pounds. This can be done at banks, currency exchange offices, or even at the airport upon arrival. There are also plenty of ATMs available throughout the city where you can withdraw cash in the local currency.

It’s important to be aware of exchange rates when exchanging your currency. Rates can vary between banks and exchange offices, so it’s a good idea to compare rates to ensure you get the best deal.

Tipping Etiquette

When it comes to tipping in London, it is generally expected for good service. Tipping is not mandatory but is appreciated for services such as dining in restaurants, using taxis, or receiving assistance from hotel staff. The standard practice is to tip around 10-15% of the total bill.

In conclusion, the currency of London is the British Pound Sterling (£). It is accepted throughout the city, and you can exchange your foreign currency for pounds at banks, exchange offices, or ATMs. Remember to consider tipping etiquette when receiving services in London, and enjoy your stay in this vibrant city!

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