Cryptocurrency Q&A
Why is 5 pence called a bob?
Why is 5 pence called a bob?
EnchantedMoon
Sat Nov 09 2024
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7 answers
1429
The term 'bob' for 5 pence originated from the British currency system before 1971. At that time, a shilling was worth 12 pence, and a shilling was often referred to as a 'bob'. After the decimalization of the currency, the new 5-pence coin was equivalent to the old shilling, and the term 'bob' continued to be used for it.
7 answers
benjamin_brown_entrepreneur
Mon Nov 11 2024
Over time, the shilling acquired the nickname 'bob,' a term of endearment or slang.
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Andrea
Mon Nov 11 2024
The term 'Bob' in relation to the currency unit 'shilling' has an intriguing history.
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AmyDavis
Mon Nov 11 2024
The exact reason behind the adoption of 'bob' as a nickname for the shilling remains a subject of debate and mystery.
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AzurePulseStar
Mon Nov 11 2024
Some historians have attempted to link the name 'bob' to the famous politician Sir Robert Walpole.
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SakuraFestival
Mon Nov 11 2024
It is speculated that the word 'shilling' might have originated from the Roman coin known as a solidus.
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