Fifty years ago today the U.K. adopted decimalisation.
The new system kept the old pound but changed the amount of pennies in it from 240 to 100.
Before this the currency started with the Farthing, two of these made a Halfpenny or Ha'penny. Two Ha'pennies made a Penny. Three Pennies made a Thrupenny bit, two Thrupennies made a Sixpence or Tanner. Two Tanners made a Shilling or Bob. Two Bob made a Florin. One Florin plus a Tanner made a Half Crown. Two of these made a Crown and Four Crowns made a Pound.
One Pound and a Shilling made a Guinea.
The Brits resisted Decimalisation for years saying it was too complicated
This was the old Pound note, my first wage packet had four of them in
And this was the old 10 Shilling note, it's been replaced by a small 7 sided coin...
The new system kept the old pound but changed the amount of pennies in it from 240 to 100.
Before this the currency started with the Farthing, two of these made a Halfpenny or Ha'penny. Two Ha'pennies made a Penny. Three Pennies made a Thrupenny bit, two Thrupennies made a Sixpence or Tanner. Two Tanners made a Shilling or Bob. Two Bob made a Florin. One Florin plus a Tanner made a Half Crown. Two of these made a Crown and Four Crowns made a Pound.
One Pound and a Shilling made a Guinea.
The Brits resisted Decimalisation for years saying it was too complicated
This was the old Pound note, my first wage packet had four of them in
And this was the old 10 Shilling note, it's been replaced by a small 7 sided coin...