Canadian Pound

Canadian Pound

The pound (symbol £ or C£) was the unit of account for currency of the Canadas until 1858. It was subdivided into 20 shillings (s), each of 12 pence (d). In Lower Canada, the sou was used, worth 1⁄2 penny. Although the pounds, shillings, and pence accounting system had its origins in the British pound sterling, the Canadian pound was never linked to British currency.

Read more about Canadian Pound:  History, Coins, Banknotes

Famous quotes containing the words canadian and/or pound:

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    —John Rhodes Sturdy, Canadian screenwriter. Richard Rossen. Joyce Cartwright (Ella Raines)

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    —Ezra Pound (1885–1972)