£88.88 is a special amount. Your task is to find out why.

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Spoiler. The answer is not true in Sctoland – Mawg Mar 24 at 10:01
Sctoland is one of the most beautiful countries ever, it's so magical, oh those luminous farts coming from the ground are so freaking awesome! – Mr. Derpinthoughton Mar 24 at 12:04
Why does it not apply in Scotland? (Assuming that is what you meant to type?) – Craig Russell Mar 24 at 13:10
Nice answers but, is it not the value at which money travels through time? – Reuben Mallaby Mar 24 at 17:22

$£88.88$ is the sum of all the currency sizes for the pound sterling.

The pound sterling is composed of 8 coins from $1p$ to $£2$ and 4 banknotes from $£5$ to $£50$. If we sum them all together we have:

$1p + 2p + 5p + 10p + 20p + 50p = 88p$

$£1 + £2 + £5 + £10 + £20 + £50 = £88$

$88p + £88 = £88.88$

With this in mind we can say that the SONACIGC acronym means (thanks to @Agnesi and @Tim Couwelier for the first part):

Sum Of Notes And Coins In General Circulation

(Altough I find Kevin Cruijssen's interpretation more suited)

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I had the amounts figured out. I reached 'Sum of notes and coins' for the first bit, but can't figure out the rest. – Tim Couwelier Mar 24 at 8:55
The fact that there are 8 letters should help, but I can't find out anything which makes sense. – Narmer Mar 24 at 8:59
maybe its rot13(fhz bs abgrf naq pbvaf va trareny pvephyngvba)? – agnesi Mar 24 at 9:02
@TimCouwelier Thanks for the first part of the acronym. With it, it was easy to figure out the remaining (see my answer). – Kevin Cruijssen Mar 24 at 9:04
Looking at both attempts for finishing the acronym: I doubt id have come up with any of them. Also, i was a little stumped you have no denominations over 50... In euro the answer would be 888.88... – Tim Couwelier Mar 24 at 10:05

SONACIGC = Sum of Notes and Coins in Given Currency

So: 0.01 + 0.02 + 0.05 + 0.10 + 0.20 + 0.50 + 1.00 + 2.00 + 5.00 + 20.00 + 50.00 = £ 88.88

Thanks to Tim Couwelier for the first part of the acronym though. :)

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It's the total value of the coinage + notes used in England

1p + 2p + 5p + 10p + 20p + 50p + £1 + £2 + £5 + £10 + £20 + £50

= £88.88

But I didn't get what the acronym was about

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You're five hours too late! :) – rybo111 Mar 24 at 14:18
Ya, I guess so. – Budhathoki Bijaya Mar 25 at 16:45