The currency is the £ Sterling and the value of this fluctuates against the dollar. If you are staying for more than one rotation it is usually more convenient to open a bank account, at no charge, at any of the major banks, for example Lloyds TSB, NatWest, Barclays or HSBC (see Banking section for more information). An online account is also an option, for example Monzo, Revolut, etc. as these are often easier and quicker to set up.