Rhode Island pound

Rhode Island pound

The pound was the currency of Rhode Island until 1793. Initially, the British pound and foreign coins circulated, supplemented by local paper money from 1710. Although these notes were denominated in pounds, shillings and pence, they were worth less than sterling, with 1 Rhode Island shilling = 9 pence sterling. The first issue of notes was known as the "Old Tenor" issue. This fell in value and "New Tenor" notes were introduced in 1740, worth 4 times the Old Tenor notes. Both Old and New Tenor notes were replaced in 1763 by "Lawful money" at a rate of 1 Lawful shilling = 6⅔ New Tenor shillings = 26⅔ old Tenor shills.

The State of Rhode Island issued Continental currency denominated in £sd and Spanish dollars, with 1 dollar = 6 shillings. The continental currency was replaced by the U.S. dollar at a rate of 1000 continental dollars = 1 U. S dollar.


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • National Register of Historic Places listings in Providence County, Rhode Island — Location of Providence County in Rhode Island This is a list of the National Register of Historic Places listings in Providence County, Rhode Island. This is intended to be a complete list of the properties and districts on the National Register… …   Wikipedia

  • National Register of Historic Places listings in Kent County, Rhode Island — Location of Kent County in Rhode Island This is a list of the National Register of Historic Places listings in Kent County, Rhode Island. This is intended to be a complete list of the properties and districts on the National Register of Historic… …   Wikipedia

  • Glocester, Rhode Island — Infobox Settlement official name = Glocester, Rhode Island settlement type = Town nickname = motto = imagesize = image caption = image mapsize = 250px map caption = Location of Glocester in Rhode Island mapsize1 = map caption1 = subdivision type …   Wikipedia

  • Pound (currency) — The pound, a unit of currency, originated in England as the value of a pound mass of silver. [ [http://www.etymonline.com/index.php?term=pound Online Etymology Dictionary] ] For a long time, £1 worth of silver coins were a troy pound in… …   Wikipedia

  • Pound sterling — GBP redirects here. For other uses, see GBP (disambiguation). Pound sterling Peuns sterling (Cornish) Punt steirling (Irish) Punt Sostynagh …   Wikipedia

  • Manx pound — ISO 4217 code none User(s) Isle of Man (alongside pound sterling) Inflation 3.6% …   Wikipedia

  • Jersey pound — Jersey pound …   Wikipedia

  • New Brunswick pound — 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). Contents 1 History 2 Coins 3 …   Wikipedia

  • Newfoundland pound — The pound was the currency of Newfoundland until 1865. It was subdivided into 20 shillings, each of 12 pence. The Newfoundland pound was equal to the British pound and British coins circulated, supplemented by locally produced tokens and… …   Wikipedia

  • Nova Scotian pound — The pound was the currency of Nova Scotia until 1860. It was subdivided into 20 shillings, each of 12 pence. It was equivalent to the British pound and was replaced by the dollar in 1860,[1] at a rate of 5 dollars = 1 pound (1 dollar = 4… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”