Whose Currency Is Quid?

Quid is a slang expression for the British pound sterling, or the British pound (GBP), which is the currency of the United Kingdom (U.K.). A quid equals 100 pence, and is believed to come from the Latin phrase “quid pro quo,” which translates into "something for something."

Why is the pound called a quid?

'Pound' comes from the Latin word 'Libra' the currency of ancient Rome. 'Quid' comes from the Latin term 'quid pro quo,' which means 'something for something. ... Another slang for 'pound' is 'sterling' while 'quid' has other companions as slang for money like 'grand' and other terms.

What is the difference between a British pound and a quid?

Pound vs Quid

The difference between the pound and the quid is that the pound is an official currency established under the metric system that in use in many countries such as the United Kingdom and England, whereas the quid is a slang term for the currency pound. ... A quid is equal to 100 pence.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.