Skip to main content
UK Currency · Finance

Pence to Pounds Converter & Calculator

Convert pence to pounds instantly — and pounds back to pence, batch-convert a whole list, break any amount into UK coins, or translate pre-decimal “old pence” (£sd) into modern decimal pounds. One pound is exactly 100 pence: divide by 100 to get pounds, multiply by 100 to get pence.

Pence ↔ Pounds Converter

Type an amount. Results appear instantly, formatted the British way (£1,234.56).

£0.00

Enter a value above

pounds = pence ÷ 100

Batch Conversion

Paste a list — one amount per line. Accepts 250p, £2.50 or plain numbers (plain numbers are read as pence).

Coin Breakdown

The fewest UK decimal coins that make up your amount (denominations 1p–£2).

Common Pence → Pounds Reference

PencePounds

Old Pence (£sd) → Decimal Pounds

Before Decimal Day (15 February 1971), £1 was divided into 20 shillings, and each shilling into 12 old pence — 240 old pence to the pound. Enter a pre-decimal amount to see its decimal value.

£0.53

10 shillings 6 pence = 126 old pence = 52.5 new pence

decimal £ = (£ × 240 + s × 12 + d) ÷ 240
Why “d” for pence? The old penny’s symbol came from the Latin denarius. Slang you may still hear: a sixpence was a tanner, a shilling a bob, and £1 a quid.
Old moneyDecimal value
6d (sixpence)2½p — £0.025
1s (one shilling)5p — £0.05
2s (florin)10p — £0.10
2s 6d (half crown)12½p — £0.125
10s50p — £0.50
10s 6d (the Mad Hatter’s hat price)52.5p — £0.525
£1 (one pound)£1.00

Frequently Asked Questions

How many pence are in a pound?
There are exactly 100 pence in one pound (£1 = 100p). This has been the rule since Decimal Day, 15 February 1971.
How do I convert pence to pounds?
Divide the pence by 100. For example, 3,480 pence ÷ 100 = £34.80.
How do I convert pounds to pence?
Multiply the pounds by 100. For example, £2.20 × 100 = 220 pence.
What is 250 pence in pounds?
250 pence ÷ 100 = £2.50.
How do you write 173 pence in pounds?
173 pence = £1.73 — one pound and seventy-three pence.
What is 1 million pence in pounds?
1,000,000 pence ÷ 100 = £10,000.00.
What are “old pence”?
Old pence are the pre-decimal pence used before 1971, when £1 contained 240 old pence (20 shillings × 12 pence). For example, 10 shillings 6 pence (written 10/6) equals 126 old pence, which is £0.525 — 52.5 new pence.
Is 1p the same as a penny?
Yes. Penny is the singular, pence the plural: one coin is a 1p (a penny), and the symbol p is written after the number (e.g. 50p), while the pound sign £ goes before (£0.50).

Free tool by NRTechStudio