I came across a term 'Old money' and within this context, there was a reference to the letter 'D'. I'm curious to know what 'D' represented in this 'Old money' context.
6 answers
RiderWhisper
Tue Nov 12 2024
The transition to a decimal system was on the horizon.
Rosalia
Tue Nov 12 2024
Further subdivision revealed that each shilling contained 12 pence.
lucas_clark_artist
Tue Nov 12 2024
Prior to decimalisation in 1971, the UK's currency system was quite complex.
DaeguDiva
Tue Nov 12 2024
The sterling currency was divided into pounds, shillings, and pence.
Carlo
Tue Nov 12 2024
The pound was the primary unit, with each pound consisting of 20 shillings.