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About Pound sterling
Sterling is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word pound is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling.
Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves.
The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issued by other jurisdictions are not regulated by the Bank of England; their governments guarantee convertibility at par. Historically, sterling was also used to varying degrees by the colonies and territories of the British Empire. WikipediaAbout Bulgarian Lev
The lev is the currency of Bulgaria. In old Bulgarian, the word "lev" meant "lion"; the word "lion" in the modern language is lаv. The lev is divided in 100 stotinki. Stotinka in Bulgarian means "a hundredth" and in fact is a translation of the French term "centime." Grammatically, the word "stotinka" comes from the word "sto".
Since 1997, the lev has been in a currency board arrangement with initially the Deutsche Mark at a fixed rate of BGL 1000 to DEM 1. After the introduction of the euro and the redenomination of the lev in 1999, this has resulted in a fixed rate to the euro of BGN 1.95583: EUR 1. Since 2020, the lev has been a part of the European Exchange Rate Mechanism. When all the conditions are met, Bulgaria should join the Eurozone as soon as the price stability criterion is met. In November 2023, Bulgarian euro coin designs have been revealed and approved by the Bulgarian National Bank. Wikipedia