The UK's currency is the pound sterling (£ / GBP). Despite being a member of the European Union, the UK has not adopted the euro.
- There are 100 pence (p) to the pound (£). Notes come in denominations of £5, £10, £20 and £50. Coins come in 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2.
- There are numerous bureaux de change in London ? often located inside banks, travel agents or Post Offices, as well as at London's airports and major train stations. It's worth shopping around to get the best deal ? compare the exchange rates on offer and don't forget to ask about commission. A good tip is to ask how many pounds you will receive in total after all charges have been deducted.
- The Post Office's Bureaux de Change network is the largest provider of foreign currency in the UK. The Post Office is consistently voted "Best Foreign Exchange Provider".
Sample Price Guide:
- Accommodation per month: 578.89 £
- Average food prices per month: 188.64 £
- Combo Meal at McDonalds or Similar: 5.00 £
- Meal, Inexpensive Restaurant: 10.00 £
- Small bottle of water: 0.93 £
- Small bottle of beer: 3.25 £
- Cappuccino (Regular): 2.34 £
- Coke/Pepsi (0.33 liter bottle): 1.10 £
- Liter of milk: 0.93 £
- Loaf of Fresh White Bread (500g): 1.03 £
- Movie ticket: 8.00 £
- One-way Ticket (Local Transport): 2.10 £