My two cents

[ccga3359]

Before the United Kingdom went to metric money, the Pound was equal to 240 pennies. In those days the exchange rate was better than $2 to the Pound so a British penny was worth about 2 cents.

Grant - I'm surprised the Canadian education system doesn't teach you these things. After all, you are still part of the British Commonwealth, old chap!


Brian

:ootd:

Actually I was just starting my educational career in England when they switched to decimal money, thankfully I didn't have to learn shillings, guinea, soveriegns, crowns, half crowns, farthings, ha'penny & thrup'ny bits, nor the equivilence of chicken, swine or goats. That all ended in 1971 (whew!). Upon moving to Canada I did, however, have to learn conversions rates of muskrat, rubber chicken and beaver pelts.