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Quick Answer. Like the rest of the United Kingdom, the currency used in Scotland is the British pound. Scottish banks do print their own version of the pound, which are called Scottish notes. These notes are widely accepted across the United Kingdom but may be denied in rare cases. One pound is made up of 100 pence.
Pounds are coins. They are the same in England and Scotland. Anything bigger comes in paper notes. ( Â£5, Â£10, Â£20) These differ between the two places, but don't stress about it. Any notes from England can be used in Scotland with absolutely NO problem.