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· the symbol for the pound sterling — £ — is derived from the latin word “libra,” meaning weight or balance, and was traditionally used to represent the pound in weight. Learn about the pound currency symbol (£), its history, and usage in representing the british pound sterling. They can be used, among others, to write prices in pounds. The pound sign, £, is used to represent the pound sterling, the official currency of the united kingdom. Discover how this symbol is used in finance, international trade, and everyday transactions in the uk and beyond. The pound sign (£) is the symbol for the pound unit of sterling – the currency of the united kingdom and its associated crown dependencies and british overseas territories and previously of great britain and of the kingdom of england. This page contains pound symbols that refer to the pound sterling (the currency of the united kingdom).