pound banknote (U+1F4B7)

The emoji "💷" is known as "British Pound Sterling Sign." It is used to represent the British currency, the pound sterling. This emoji is often used in social media, text messages, and online conversations when discussing prices, money transactions, or financial topics specifically related to the UK or British pound. It is similar to the dollar sign "$" but specifically denotes the British pound. Additionally, it can also be used humorously or sarcastically to indicate a high price or value.