A chronological list of the important events for
the topic "Pound sterling"
Timeline
1158BritishEngland England is the largest and most populous constituent country [i] of the United Kingdom [i]. ...
Pound Sterling (currencyCurrency A currency is a unit of exchange [i], facilitating the transfer [i] of goods and services [i] ...
) introduced
1842 Income Tax Act 1842 passed in the United KingdomUnited Kingdom The United Kingdom of Great Britain and Northern Ireland is a country and sovereign state [i] tha ...
; 7 pence on the pound sterling, for incomes over 150 pounds.
1961 Black and white £Pound sterling The pound, divided into 100 pence, is the official currency [i] of the United Kingdom [i] and the ...
5 notes cease to be legal tenderLegal tender Legal tender or forced tender is payment [i] that, by law [i], cannot be refused in settlement of ...
in the UKUnited Kingdom The United Kingdom of Great Britain and Northern Ireland is a country and sovereign state [i] tha ...
.
1967 The UKUnited Kingdom The United Kingdom of Great Britain and Northern Ireland is a country and sovereign state [i] tha ...
poundPound sterling The pound, divided into 100 pence, is the official currency [i] of the United Kingdom [i] and the ...
is devalued from 1 GBP = 2.80 USD to 1 GBP = 2.40 USD.
1992 The Pound Sterling and the Italian Lira are forced out of the European Exchange Rate Mechanism (Black Wednesday).