The sterling pound, also known simply as the pound, has a rich history dating back over a thousand years. It originated from the pound weight of silver, which was used as a unit of currency in medieval England. The pound sterling became the official currency of England in the 12th century under King Henry II. Over time, it evolved into the currency of the United Kingdom and its territories. The pound has undergone various changes, including the introduction of decimalization in 1971, when it rep