UK Currency

Q: What is the currency used in London? I see every that the Euro is referenced, but I thought London used GBP? I have never been to Europe before, and I am trying to understand everything, or at a little before I get there Thank you.


A: Yes, the currency in London is Pounds Sterling (GBP). I think the exchange rate is around US$2 = £1.

However, London being a major European city, you will find some places that accept Euros (and US dollars) - typically hotels rather than shops, though.

Dollars into Sterling

Q: What is your best advice on converting currency? Should I do it before leaving the US? When in London where are the best rates available typically?

A: I think the rate sterling to dollars is around 1.85 at the moment, which is better for the pound than it has been for some time. So if you can get a lower rate there, perhaps excahnge some cash before you come over. If not, there are lots of exchange places at the airport, and more throughout central London.

However, many people, myself included, nowdays travel with credit cards with pin numbers so that we can simply withdraw local currency from a cash machine (ATM?). These are all over London and depending on how much your bank charges for the service, might be a good option.

Euros and Voltage

Q:

can I pay in Euro in London and do I need an adapter for electrical sockets and which voltage do they have ?

A: in some of the major shops you can pay in Euro, but most only take sterling. Yes, you will also probably need to bring an adaptor (not sure where you will be travelling from?) as the continental Europe and US plugs are different in shape.

I think the voltage is, however, the same as my UK electrical stuff always works fine with an adaptor in those places.