A look at the history of the pound. Read more: https://www.weforum.org/agenda/2016/06/a-short-history-of-the-british-pound/ | World Economic Forum

In 700s England, the British Pound originated as an actual pound of silver. Traders would cut it into smaller pieces called hacksilver, carefully weighing each portion to conduct commerce. Remarkably, one pound of silver could purchase several cows, turning a simple weight into a powerful tool for trade. Over time, this practical system evolved into a currency empire, laying the foundation for modern British money. The story of the pound highlights how ingenuity and standardization in early trad