Why the UK should convert to the euroPeople have always wondered why the UK still uses the pound. The United Kingdom, being a member of the European Union, should have converted to the euro by now. Although the pound gives the country its uniqueness and allows them to remember their country's history, it does not have as many advantages as the euro. So while the pound allows the UK to remember its country's history, the euro would prove more economically advantageous due to its international implications for trade and travel. BASIC INFORMATION Pound. The pound is the currency of the United Kingdom. The exchange rate is currently 0.60 pounds per 1 US dollar. In 1971 a change occurred that changed the way the pound was divided. Before 1971 it was divided into 20 shillings. Each shilling was then worth 12 pence. Overall, £1 was worth 240p. In 1971, they changed it so that it was instead divided into 100 pence (sterling).History of the United Kingdom. The United Kingdom has always been a very powerful country in the world. At one point the British Empire had control over nearly a quarter of the Earth's territory. However, the country had an economic decline after World War II (black). The war had a devastating effect on the country and its people. Many people have had to change careers from manufacturing jobs to (black) service jobs. It was a huge change for the country and its people.European Union. The European Union is “a unique economic and political partnership between 28 European countries that together cover much of the continent” (Europe). The EU, as it is abbreviated, is essentially a group of European countries that have joined, n... mid-paper... converted to the euro. If not, the UK will have to decide whether it wants to convert to the euro or leave the EU. Works Cited"euro" Encyclodpædia Britannica. 15th ed. 2010. Web."sterling." Encyclopedia Britannica. 15th ed. 2010. Web."The Maastricht Treaty" Encyclopædia Britannica. 15th ed. Web. Black, Jeremy. "Overview: Britain from 1945 onwards." BBC 3 March 2011. Web.Buiter, William. "WHY BRITAIN SHOULD JOIN THE EURO." August 1, 2002. 8-13. Web.Communications Department of the European Commission. Europe. European Union. Network. March 24, 2014. .Rosenberg, Matt. From. From. Network. 7 April 2014. European Commission Communications Department. Europe. European Union. Network. 7 April 2014. < http://ec.europa.eu/economy_finance/euro/why/business/index_en.htm>