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The brand new lb turned an English unit out of pounds and try thus titled because in the first place met with the property value you to definitely tower pound (~350 grams) from great (pure) silver. Inside Egypt, whoever currency is even named the brand new pound, the fresh £ sign isn’t totally of fool around with, although it is actually uncommon, since these the newest symbol is not available on the Us piano artwork which can be mostly made use of truth be told there. Several places, as well as Lebanon, phone call its currency “the newest pound” but don’t use the £ symbol. A comparable symbol is actually (or is actually) used for also named currencies in certain various countries and areas, for instance the Irish lb, Gibraltar pound, Australian pound, and Italian lira.
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