Georgia pound
Denominations | |
---|---|
Subunit | |
1⁄20 | shilling |
Demographics | |
Date of introduction | 1735 |
Replaced by | U.S. dollar |
User(s) | Georgia, United States |
This infobox shows the latest status before this currency was rendered obsolete. |
The pound was the currency of Georgia until 1793. Initially, sterling coin circulated. This was supplemented from 1735 with local paper money denominated in £sd, with 1 pound = 20 shillings = 240 pence.
The State of Georgia issued Continental currency denominated in £sd and Spanish dollars, at 1 dollar = 5 shillings, i.e. £1 = $4. The continental currency was replaced by the U.S. dollar at the rate of 1000 continental dollars = 1 U.S. dollar.[1]
See also
References
- ^ Sabry, Fouad (January 25, 2024). Currency: The World of Currency, Unraveling the Secrets of Money. One Billion Knowledgeable.