⁄20 shilling ⁄480 sou shilling shillings | ⁄240 penny Plural pounds penny pence | |
The pound was the currency of New Brunswick until 1860. It was subdivided into 20 shillings, each of 12 pence, with the dollar (initially the Spanish dollar) circulating at a value of 5 shillings (the Halifax rating).
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History
In 1852, New Brunswick adopted the same standard for its pound as the Province of Canada was using, with 1 British pound = 1 pound 4 shillings 4 pence local currency (see Canadian pound). The pound was replaced by the dollar in 1860, at a rate of 1 dollar = 5 shillings.
Coins
In addition to British coins and Spanish dollars, copper tokens were issued in 1834 and 1854 in denominations of ½ and 1 penny.
References
New Brunswick pound Wikipedia(Text) CC BY-SA