Pence to Pounds Converter
Use our pence to pounds converter to convert pence to pounds instantly. Learn what’s pence in pounds, the pence to pounds conversion formula (÷ 100), and whether pence is pounds or euros.
What Are Pence and Pounds?
Pence (p) are the smaller currency units of the British pound sterling (£). Just like dollars and cents, pounds and pence work as a base-100 system.
If you’re asking is pence pounds or euros — pence are part of pounds (UK currency), not euros.
So when you convert pence to pounds, you’re simply converting a smaller unit (pence) into the main unit (pounds).
Pence to Pounds Conversion Formula
To convert pence to pounds, divide by 100. To convert pounds back to pence, multiply by 100.
Because 100 pence = £1.
Reverse the conversion when needed.
So 250p equals £2.50.
So 99p equals £0.99.
How to Use the Pence to Pounds Converter
- 1
Enter the amount in pence (p).
- 2
The converter divides by 100 to convert pence to pounds.
- 3
Read the result in pounds (£).
- 4
Optionally format the result to 2 decimals for standard currency display.
Frequently Asked Questions
Divide by 100: pounds = pence ÷ 100.
Pence expressed in pounds is the same value divided by 100 (for example, 50p = £0.50).
Pence are part of pounds sterling (UK), not euros.
Yes. This pence to pounds conversion calculator converts pence (p) into pounds (£) using 100p = £1.
Multiply by 100: pence = pounds × 100.