Cryptocurrency Q&A
What is shillings money?
What is shillings money?
Elena
Mon Dec 16 2024
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6 answers
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I've heard about shillings money but I'm not sure what it is. I want to understand what shillings are, where they originate from, and if they are still used today. Can someone explain this to me?
6 answers
HallyuHeroLegendaryStar
Wed Dec 18 2024
Prior to 1971, the British currency system was structured in a hierarchical manner.
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Daniela
Wed Dec 18 2024
The fundamental unit of currency was the pound, which held significant value.
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CryptoLegend
Tue Dec 17 2024
Each pound was subdivided into 20 shillings, providing a secondary level of denomination.
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KatanaSharpened
Tue Dec 17 2024
Further refining the currency, one shilling was divided into 12 pennies.
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Giulia
Tue Dec 17 2024
The penny, the smallest traditional coin, had its own subdivisions.
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