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British old money to decimal currency
The need for a decimal currency system had been discussed in Parliament in the early nineteenth century and as far back as 1849 a florin was introduced - inscribed one tenth of a pound with the intention that it should be the first step towards the adoption of a decimal system.
Over a century later, on the 1 March 1966, the Chancellor of the Exchequer, James Callaghan announced that the old £sd system would be replaced by a decimal currency in which the pound was to be divided into one hundred units. Although fiercely challenged the change was confirmed by the Decimal Currency Act of 1967.
This tool converts British old money into decimal currency. Type the old money amount to convert into decimal currency.
Conversation table
| Pre-decimal | Decimal | |
|---|---|---|
| Halfpenny | ½d. | 5⁄24p ≈ 0.208p |
| Penny | 1d. | 5⁄12p ≈ 0.417p |
| Threepence | 3d. | 1¼p |
| Sixpence | 6d. | 2½p |
| Shilling | 1/- | 5p |
| Florin | 2/- | 10p |
| Half crown | 2/6 | 12½p |
| Crown | 5/- | 25p |
