What does £ mean? How does it compare to the $ sign?

Answer 1

It's the British monetary symbol. Currently one British pound is worth about $1.91 US money. You can get the current rate with the link I provided.

Answer 2

That's the sign for British pounds. A pound is worth almost 2 bucks today.

Answer 3

The pound sign means Libre. (a latin word).
$ sound comes from Sovereign (going back to the British times in America). It was used as a standard against Gold. One sovereign was equal to one ounce of gold. $ is also used in E.Africa, Hongkong, Singapore, and various other countries of British commonwealth.

But India, a British commonwealth, is an exception. They used the term "Rupya"(A Sanskrit word) - later British termed it as Rupees, stayed without alteration, which is the name of the currency even today.

Answer 4

The pound sign ("₤" or later more commonly in the UK "£") is the symbol for the pound sterling, the currency of the United Kingdom (UK), and for some other currencies of the same name in other countries.
The money amounts are different

Answer 5

It's the symbol for the British Pound. 1 dollar is equal to about 0.50 pounds right now.

Answer 6

£ is pounds and $ is the dollar sign. i don't know the exchange rate but they're both for different currencies

Answer 7

Pound is worth twice as much.