In pre decimal currency pound shilling and pence be represented by the correspondence lsd ,why?
and what did lsd in fact stand for if anything
Answers:
The permanent status originate from the Latin "librae, solidi, denarii" hence the use of the hatch "L" (lb) for pounds and "d" for pence. Under this system here be 12d (12 pence) contained by a shilling and 20s (20 shillings) in a pound, making 240d in a pound. The penny (1d) be (until 1960) further divided into 4 farthings. Unlike modern currency systems, the pre-decimalization United Kingdom currency system be base on fractions (instead of decimals).
Try here.
http://www.lightstraw.co.uk/finance/inde...
Like so...
* pounds (lb or l )
* shillings (s. or /-) and
* pennies (d.)
I used to find 2.5p on a Saturday morning bad my dad as pocket money, we would amble the 100 yard to the report agents and I used to bring back a Beano and a mar public house. no mar bar cost 36p and god know what a Beano costs at the present time!
Libra, Soldus, Denarius. That leaves me wondering what $ comes from...
lb4 15s 6d = lb4 77 1/2 p decimal
lb1=20shillings
1 shilling= 12pence
240 old pence when changed be call 100 investigational pence for several years I suppose the make over be made between 1969 to1972 in good health in the order of that time.The 1st decimal coin be 50p which replaced the dated ten bob entry (valued at 10 shillings)
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Answers:
The permanent status originate from the Latin "librae, solidi, denarii" hence the use of the hatch "L" (lb) for pounds and "d" for pence. Under this system here be 12d (12 pence) contained by a shilling and 20s (20 shillings) in a pound, making 240d in a pound. The penny (1d) be (until 1960) further divided into 4 farthings. Unlike modern currency systems, the pre-decimalization United Kingdom currency system be base on fractions (instead of decimals).
Try here.
http://www.lightstraw.co.uk/finance/inde...
Like so...
* pounds (lb or l )
* shillings (s. or /-) and
* pennies (d.)
I used to find 2.5p on a Saturday morning bad my dad as pocket money, we would amble the 100 yard to the report agents and I used to bring back a Beano and a mar public house. no mar bar cost 36p and god know what a Beano costs at the present time!
Libra, Soldus, Denarius. That leaves me wondering what $ comes from...
lb4 15s 6d = lb4 77 1/2 p decimal
lb1=20shillings
1 shilling= 12pence
240 old pence when changed be call 100 investigational pence for several years I suppose the make over be made between 1969 to1972 in good health in the order of that time.The 1st decimal coin be 50p which replaced the dated ten bob entry (valued at 10 shillings)