One hundred pence are in a pound. The main unit of currency in the United Kingdom's monetary system is the pound. Pence are the smallest-valued coins still in circulation in the United Kingdom's currency.
Other British coins in circulation include the two pence, the five pence, the ten pence, the twenty pence and the fifty pence coin. The one and two pence coins are copper. The five, ten, twenty and fifty pence coins are silver. The currency system of the United Kingdom also has a one pound coin and a two pound coin. The one and two pound coins are silver in the middle with a gold edge.