Information about currency: Newfoundland Pound

Newfoundland Pound (1854 - 1865)
Currency NameNewfoundland Pound
System1 Pound = 20 Shillings, 1 Shilling = 12 Pence
Description

The pound was the currency of Newfoundland until 1865. It was subdivided into 20 shillings, each of 12 pence. The Newfoundland pound was equal to the British pound and British coins circulated, supplemented by locally produced tokens and banknotes. In 1865, the dollar was introduced at a rate of 1 dollar = 4 shillings 2 pence, with the significance being 1 dollar was equal to exactly 50d (i.e. 50 old pence) for precise ease of exchange.

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Newfoundland Pound: Details
Issued ByNewfoundland
From1854
To1865
Newfoundland Pound: Users
CountryPeriodFromTo
Flag of Newfoundland Newfoundland Newfoundland Pound 1854 1865
Newfoundland Pound: Related Currencies
CountryCurrencyFromTo
Flag of United Kingdom United Kingdom Pound Sterling (pre-decimal) 770 1971