that's been in use there for more than 12 centuries and is the world's oldest currency today. The nickname "quid" is believed to stem from the Latin phrase “quid pro quo,” which translates to "something for something."
Why do we refer to a pound as a 'quid'? Brewster's suggests it comes from 'quid pro quo', an equivalent amount for something, and also suggests that it originally referred to a sovereign.
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Why doesn't Ireland use pounds?
A brief history of Irish currency
The Irish pound was established in 1928, after Irish independence from the United Kingdom. The Irish pound was tied to the British pound sterling 1:1 for almost the entirety of its existence. This connection was severed in 1979 when Ireland joined the European Monetary System.
The word buck as a term for the U.S. dollar dates back to the 1700s, when deer hides, or buckskins, were often used in trade on the American frontier. Settlers and traders in sparsely populated regions relied on bartering, and buckskins were durable, valuable, and widely accepted.
A 'bob' was the slang word for a Shilling, which was worth 12 old pennies. Following decimilisation in 1971, a Shilling was worth 5 new pence. The old 'ten bob note' (10 shillings) was the equivalent of 5 Florins, or 4 Half Crowns, or 2 Crowns. After decimilisation, it was worth 50p.
The shilling was subdivided into twelve (12) pennies. 1 shilling = 12 pence. The penny was further sub-divided into two halfpennies or four farthings (quarter pennies).
The shilling was phased out of the British system of coinage beginning in 1971, when a decimal system based on 100 new pence to £1 was introduced. The schilling was the Austrian currency until 2002, when it was replaced by the euro as the country's sole currency.
The British pound sterling (GBP) is the oldest currency used today. It is often referred to by its nickname, quid. A quid equals £1, or one pound sterling.
Not pluralised for a number of pounds, eg., 'It cost me twenty nicker..' From the early 1900s, London slang, precise origin unknown. Possibly connected to the use of nickel in the minting of coins, and to the American slang use of nickel to mean a $5 dollar note, which at the late 1800s was valued not far from a pound.
The GBP, or British pound sterling, is the official currency of the United Kingdom. The GBP is the oldest currency in the world that is still used as legal tender. Symbolized by the pound sign (£), the GBP has one of the highest trading volumes in the world. IG.
"Quid" is a slang term used in the United Kingdom to refer to the British pound sterling (£), the currency of the UK. It is used in much the same way that "buck" is used to refer to a dollar in the United States.
The pound sterling, or GBP, is the official currency of the United Kingdom. The pound is also used in Jersey, Guernsey, Gibraltar, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha.
There are no Welsh banknotes in circulation; Bank of England notes are used throughout Wales. The last Welsh banknotes were withdrawn in 1908 upon the closure of the last Welsh bank, the North and South Wales Bank.
There are a few phrases we've already mentioned that Irish people use to say they're happy, or satisfied with something – plus a few extra: “I'm over the moon!” – A classic expression of saying you're really happy. “I'm suckin diesel” – Remember this one? It's used when they're having a good, smooth day.
This story is ripe with Graham's cockneyisms, from the tetchy imperative “pack it in,” to greeting James Blake with a cheery “oi oi!” and then calling him “cockle.” That last one has a complicated etymology, born partly out of cockney rhyming slang where “cockerel and hen” means ten, so a cockle is a ten-pound note, or ...
The púca (Irish for spirit/ghost; plural púcaí), puca (Old English for goblin), also pwca, pookah, phouka, and puck, is a creature of Celtic, English, and Channel Islands folklore. Considered to be bringers both of good and bad fortune, they could help or hinder rural and marine communities.
King Edward eventually gave in on the question, fearing that such designs would be unacceptable to the British people, but non-heraldic themes for the halfpenny (a sailing ship) and farthing survived. The selected design for the farthing, a wren, placed the smallest British bird on the British coin smallest in value.
A half crown was valued at two shillings and sixpence, which equated to an eighth of a Pound. Crowns and half crowns had a long lifespan in British coinage, with production continuing until 1967.
The reverse shows a Tudor portcullis with chains and a coronet, with the inscription THREE PENCE date. This coin was produced in all years from 1953 to 1967, and in 1970 (in proof sets only). Following decimalisation, the brass threepence ceased to be legal tender after 31 August 1971.