What is a "quid" in terms of currency?

Question

In currency, what is a quid equal to? I hear this a lot on the Gordan Ramsey show, so I'm assuming its an English term. Just how much is a quid? Is it the same as a pound or a euro? Or is it a slang term?

Answer 1

Same as a pound..

Answer 2

£1. One pound sterling.

Answer 3

It's English slang for one pound sterling. So 50 quid would be 50 pounds.

Answer 4

A quid is the equivalent to 1 British Pound or GBP as it is now named it used to be called Pound Sterling in England we also say not the full quid meaning not so clever or if you are quids in you have recieved some money. a monkey english slang for 500 quid, look in a ref book of Cockney rhyming sland and it will tell you all the slang words as used by east end Londoners, sorry long answer but lots of reasons behind english slang

Answer 5

It's British slang for £1

It's the same as Americans calling $1 a "buck"

Answer 6

Demotic English for one pound sterling. More or less the exact equivalent to "buck" for dollar in the US.

Answer 7

Slang for a pound

Like a dollar is a buck

Also a fiver is a 5 pound note and a tenner is a ten pound note.

£1 = 1 pound sterling = 1 quid

£5 note = a 5 pound sterling note = fiver

£10 note = a 10 pound sterling note = tenner

Answer 8

Quid is the basic unit of money in Great Britain and Northern Ireland; equal to 100 pence.....maybe people from UK will say something about this here ...........