Verified answer

UK uses the sterling pound. On one side is the Queen's head and on the other is a symbol of some national relevance. There are coins of 1p, 2p, 5p, 10p, 20p, 50p, £1 (100p) and £2 (200p). There are notes of £5, £10, £20 and £50. The rates continuously change but 1 Sterling Pound is roughly 1.5343 U.S. dollars and 1.18469616 Euros.

The exchange rate changes all the time, but at the moment it's at 1 U.S. dollar = 0.651763019 British pounds.

So, 65 pence would be almost equal to $1.

:) Hope I helped!

In other words, the British pound is worth more than the U.S. dollar for various reasons, because it doesn't take as much sterling to buy a gallon of milk than it would using American money.