G

Pound Sterling

GBP FIAT Legacy network
Vol —
Price —
Change 24h —
Market Cap N/A
ATH —
ATL —

Monthly Returns heatmap

Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2023
+2.2%
-2.8%
+2.3%
+1.8%
-0.9%
+1.8%
+1.5%
-5.7%
+0.6%
+2.1%
+1.7%
-6.2%
2022
-0.4%
-0.1%
-2.2%
-4.5%
+0.5%
-3.5%
0%
-4.8%
-3.7%
+2.8%
+5.3%
+0.2%
2021
0%
+2%
-1%
+0%
+3.2%
-0.4%
+2.3%
-5%
-2.3%
+2.5%
-2.2%
+0.4%
2020
—
—
—
—
—
—
+4.2%
+2.2%
-3.3%
+0.1%
+3.1%
+2.7%
Best month +5.3% Nov 2022
Worst month -6.2% Dec 2023
Positive months % 54.8% 23/42

Heatmap summary

Pound Sterling posted 23 positive months out of 42. The longest positive streak lasted 4 months, while the longest negative streak lasted 4 months.

Strongest month
Nov 2022 +5.3%
Weakest month
Dec 2023 -6.2%
Longest positive streak
4 Oct 2022 — Jan 2023
Longest negative streak
4 Jan 2022 — Apr 2022
Luckiest calendar month
Jul • avg 2% • 4 mo.
Unluckiest calendar month
Aug • avg -3.3% • 4 mo.

Networks

  • FIAT
    Primary network Legacy network
    Namespace
    Legacy
    Network relation
    Legacy network
    Decimals
    8

Supported exchanges

Binance

About the coin

Pound Sterling (GBP) is the official currency of the United Kingdom and its overseas territories. It is one of the world's oldest currencies still in use and has a long and rich history.

The symbol for the Pound Sterling is £. Its ISO 4217 code is GBP. The currency is managed by the Bank of England, which is the central bank of the United Kingdom.

Unlike many other currencies that are purely digital, Pound Sterling exists in both physical and digital forms. Physical Pound Sterling consists of banknotes and coins, which are issued by the Bank of England and the Royal Mint, respectively.

The digital representation of Pound Sterling, while not a cryptocurrency in the traditional sense, is used for electronic transactions and financial systems. The provided data indicates that GBP is classified as a 'FIAT' currency type and is 'native' to this classification.

It is important to note that Pound Sterling is not a stablecoin. Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US Dollar or Euro. As an official fiat currency, Pound Sterling's value is subject to market forces and economic conditions.

The 'decimals' value of 8 associated with the FIAT chain type suggests a technical specification for handling its representation within certain digital systems, potentially for precision in financial calculations.

The 'status' of Pound Sterling is 'active', indicating that it is currently in circulation and functioning as legal tender.

The absence of a 'token_standard' and 'contract_address' for the FIAT chain type further reinforces that Pound Sterling is a traditional fiat currency, not a token issued on a blockchain like cryptocurrencies or stablecoins.

The Pound Sterling plays a significant role in international finance and trade. Its value against other major currencies is closely watched by economists and investors.

The Bank of England is responsible for monetary policy in the UK, including setting interest rates, which influences the value of Pound Sterling.

Banknotes are issued in various denominations, featuring portraits of prominent British figures and historical landmarks.

Coins also come in different denominations, used for everyday transactions.

The history of the Pound Sterling dates back to Anglo-Saxon times, evolving significantly over centuries.

Its stability and global acceptance make it a key currency in the international monetary system.

The £ symbol is derived from the Latin word 'libra', meaning pound.

Trust & methodology

Last updated:

Data source: Price and volume snapshots are maintained from the current Gygaz market dataset for this asset.

About Gygaz: Gygaz is a crypto transfer intelligence project focused on exchanges, assets and networks. We structure routing, support and market context so users can compare how crypto moves between platforms.