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Question

Most ancient currencies have been replaced by modern streamlined ones based on the decimal system. Which is the world's oldest currency, currently in circulation, that was first used in the eighth century?

A
American Dollar
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B
Indian Rupee
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C
British Pound
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D
Dinar
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Solution

The correct option is C British Pound
  • The British Pound or Pound Sterling is the oldest existing currency, with origins that can be traced back to continental Europe. In the foreign exchange market, you will find the British pound represented as GBP while the symbol used to represent it is £.
  • The pound sterling falls fourth in line as one of the world’s most often traded currencies and is the third most held currency in reserve around the globe.

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