United Kindom Pounds. as L was the symbol for Pound, in the old pre decimal system.. LSD, Pounds, Sillings and Pence. The old system was introduced to England by Henry the Eigth, so the spelling was in Latin, Lira - being the word for pounds, that is why the pound symbol is a swash capital L with 2 lines through it. Today we use GBP = Great British Pound (£)
The penny - formerly equal to 1/240 pound but now equal to 1/100 pound is actually a English version of Pffennig, the saxon coinage system, like Schillings. The pennies were in fact a much older coin inherited by the Saxon invaders. - called DENARIUS, an ancient Roman coin of silver or, later, copper; penny (abbreviation d.). The Shilling, comes from The scilling or scylling (which possibly comes from the Teutonic root skil meaning to divide) was used in Anglo-Saxon times as money of account, even though no coins of that denomination existed. It was mentioned not only in Anglo-Saxon poems as scylling, but also in the 14th century by the poet Langland as shilling.
The Saxon Scilling was considered to be five pence (a fore-runner of decimalisation when the shilling equalled five new pence?!), but William I fixed its value at twelvepence, the value that continued until 1971.
A lot of countries still use the pound, Egypt, Cyprus, Lebanon, and Syria. Australia had a pound untill 1966, Bahamian pound (until 1966, replaced by the Bahamas dollar), Barbados pound (until 1950, replaced by the Barbados dollar), Bermuda pound (until 1970, replaced by the Bermudan dollar), Biafran pound (1968 to 1970, replaced by the Nigerian pound), Canadian pound (until 1859, replaced by the Canadian dollar), Fijian pound (until 1969, replaced by the Fiji dollar), Gambian pound (1968 to 1971, replaced by the Dalasi), Ghanaian pound (1958 to 1965, replaced by the Cedi), Irish pound aka Irish punt or Punt Eireann (until 2002, replaced by the Euro), Israeli pound (replaced by the shekel), Jamaican pound (until 1968, replaced by the Jamaican Dollar) note: the Jamaican pound was also used in Cayman Islands and Turks and Caicos Islands until 1968.
Malawian pound (1964 to 1970, replaced by the Malawian kwacha), Maltese pound (until 1972, replaced by the Maltese Lira), New Zealand pound (until 1967, replaced by the New Zealand dollar) note: the New Zealand pound was also used in the Cook Islands and the Pitcairn Islands. Nigerian pound (1958 to 1973, replaced by the Naira). Palestinian pound (removed and replaced by the Israeli pound (also served as Jordanian pound, replaced in Jordan by the dinar))
Rhodesian pound (until 1970 in Rhodesia, replaced by the Rhodesian dollar; until 1964 in Nyasaland, replaced by the Malawian pound; and until 1964 in Northern Rhodesia, replaced by the Zambian pound)
Rhodesia and Nyasaland pound
Samoan pound (1914 to 1920 Provisional issue by the NZ Goverment military administration. 1920 - 1959 by the New Zealand Government administration (Treasury notes). 1960 - 1963 by the Bank of Western Samoa and in 1967 was replaced by the Tala ($))
Sudanese pound (until 1992 and since January 2007)
South African pound (until 1961, replaced by South African rand) note: the South African pound was also used in Basutoland, Bechuanaland, South West Africa and Swaziland
Tongan pound (1921 - 1966 Government of Tonga Treasury notes. 1967 replaced by the Pa'anga ($))
West African pound
in British Cameroon replaced by the CFA Franc in 1961
in Gambia replaced by Gambian pound in 1968
in Ghana replaced by Ghanaian pound in 1958
in Liberia replaced by U.S. dollar in 1943
in Nigeria replaced by Nigerian pound in 1958
in Sierra Leone replaced by the Leone in 1964
West Indian pound (until 1949, replaced by East Caribbean dollar), Zambian pound (1964 to 1968, replaced by the Zambian kwacha), and last but not least the Libyan pound.
2007-01-16 10:41:13
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answer #6
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answered by DAVID C 6
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