Cryptocurrency Q&A What does 2 bob mean?

What does 2 bob mean?

Sofia Sofia Mon Nov 11 2024 | 6 answers 1176
I've heard the term '2 bob' in some conversations, but I'm not sure what it actually means. Could someone explain to me the origin and meaning of this expression? What does 2 bob mean?

6 answers

Margherita Margherita Wed Nov 13 2024
The concept of two bob being equivalent to two shillings stems from the English pre-decimal currency system.

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ShintoBlessed ShintoBlessed Wed Nov 13 2024
Prior to the decimalization of British currency, the pound sterling was the primary unit of money.

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charlotte_bailey_doctor charlotte_bailey_doctor Wed Nov 13 2024
Within this system, one pound was divided into 20 shillings.

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Tommaso Tommaso Tue Nov 12 2024
Each shilling, denoted as 1s, was further subdivided into 12 pence, abbreviated as 12d.

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Davide Davide Tue Nov 12 2024
Hence, the relationship between shillings and pence was fixed at 12 pence to 1 shilling.

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