Facebook Twitter Instagram YouTube
    Nostalgia Central
    • Home
    • Blog
      • Lists
    • Television
      • TV by Decade
        • TV – 1950s
        • TV – 1960s
        • TV – 1970s
        • TV – 1980s
        • TV – 1990s
      • Comedy
      • Drama
      • Kids TV
      • Variety
      • News & Sport
      • Advertisements
    • Music
      • Music by Decade
        • Music – 1950s
        • Music – 1960s
        • Music – 1970s
        • Music – 1980s
        • Music – 1990s
      • Artists – A to K
        • Artists – A
        • Artists – B
        • Artists – C
        • Artists – D
        • Artists – E
        • Artists – F
        • Artists – G
        • Artists – H
        • Artists – I
        • Artists – J
        • Artists – K
      • Artists – L to Z
        • Artists – L
        • Artists – M
        • Artists – N
        • Artists – O
        • Artists – P
        • Artists – Q
        • Artists – R
        • Artists – S
        • Artists – T
        • Artists – U
        • Artists – V
        • Artists – W
        • Artists – X
        • Artists – Y
        • Artists – Z
      • Artists – 0 to 9
      • Genres
      • Music on Film & TV
      • One-Hit Wonders
      • Playlists
      • Online Radio
    • Movies
      • Movies by Decade
        • Movies – 1950s
        • Movies – 1960s
        • Movies – 1970s
        • Movies – 1980s
        • Movies – 1990s
      • Movies – 0 to 9
      • Movies – A to K
        • Movies – A
        • Movies – B
        • Movies – C
        • Movies – D
        • Movies – E
        • Movies – F
        • Movies – G
        • Movies – H
        • Movies – I
        • Movies – J
        • Movies – K
      • Movies – L to Z
        • Movies – L
        • Movies – M
        • Movies – N
        • Movies – O
        • Movies – P
        • Movies – Q
        • Movies – R
        • Movies – S
        • Movies – T
        • Movies – U
        • Movies – V
        • Movies – W
        • Movies – X
        • Movies – Y
        • Movies – Z
    • Pop Culture
      • Fads
      • Toys & Games
      • Fashion
      • Decor
      • Food & Drink
      • People
      • Technology
      • Transport
    • Social History
      • 1950s Year by Year
      • 1960s Year by Year
      • 1970s Year by Year
      • 1980s Year by Year
      • 1990s Year by Year
      • Events
    Nostalgia Central
    Home»Decades»Events
    Events 2 Mins Read

    Decimal Currency

    Share
    Facebook Twitter Pinterest WhatsApp Reddit Email

    In 1966, plans were introduced in Britain for conversion to decimal currency.

    After five years of planning and with a public fearful of the outcome, the changeover to decimal currency in Britain eventually occurred on ” D Day” (decimalisation day) – Monday 15 February 1971.

    It was the beginning of the end for the faithful tanners, bobs and half-crowns of the old system, which was phased out over the next 18 months.

    Decimal conversion charts could not be avoided as out went the Libra Solidus Denarius (LSD as the “old” money was known).

    Instead of 20 shillings to the pound (240 old pennies to £1) there were now 100 New Pence to the pound.

    The 5p and 10p coins were first introduced in April 1968 and were the same size, composition and value as the shillings and florins circulating alongside them.

    In October 1969 the 50p coin was introduced and the old ten-shilling note was withdrawn.

    This reduced the number of new coins that had to be introduced on the day and meant that the public was already familiar with three of the six new coins.

    The Royal Mint devised a cunning method to prevent people hoarding the last of the old money. All old denomination coins minted between 1967 and 1970 were actually dated 1967.

    After Britain had made the move to decimal currency, several Commonwealth countries followed suit.

    Video

    Related Posts

    • Thalidomide
      Thalidomide
      Thalidomide was a pharmaceutical ingredient used in medicines in the…
    • Live Aid (1985)
      Live Aid (1985)
      On 25 November 1984, 36 British recording artists gathered at…
    • Graeme Thorne Kidnapping (1960)
      Graeme Thorne Kidnapping (1960)
      Sydney (Australia) father Basil Thorne and his wife Freda won…
    • Civil Rights Movement
      Civil Rights Movement
      In December 1955, in Montgomery, Alabama, a black woman named Rosa…
    • The Beatles in Bangor (August 1967)
      The Beatles in Bangor (August 1967)
      During the summer of 1967, The Beatles' Sgt Peppers Lonely Hearts…
    • Watergate
      Watergate
      At 2.30 am on 17 June 1972, during the lead-up…
    • Mandela Day Concert (1988)
      Mandela Day Concert (1988)
      The Mandela Day Concert staged on 11 June 1988 at…
    • Woodstock
      Woodstock
      It remains the defining assembly of rock music - an…

    Share. Facebook Twitter Pinterest WhatsApp Reddit Email
    Previous ArticleWoodstock
    Next Article Mary Hopkin

    Comments are closed.

    Follow us
    • Facebook
    • Twitter
    • YouTube
    • Instagram
    You May Also Like
    • Ruggles, The
      1 9 4 9 – 1 9 5 2 (USA) 137 x 30 minute episodes This ABC […]
    • Last Tango In Paris (1972)
      If movie audiences weren’t plonking down money in 1973 to […]
    • Go for a Take (1972)
      An above-average British comedy of its time, Go For A Take runs […]
    • Surprise Surprise!
      1  9 8 4 – 2 0 0 1 (UK) Surprise Surprise! was devised by […]
    • Interior Design in the 1960s
      The majority of homes in the 1960s were furnished with an […]
    • Life With Father
      1 9 5 3 – 1 9 5 5 (USA) Set in New York in the 1890s, Life […]
    Twitter Feed
    Please note


    Nostalgia Central covers the period 1950 to 1999 and contains some words and references which reflect the attitudes of those times and which may be considered culturally sensitive, offensive or inappropriate today.
    Popular Tags
    1969 1970 1971 1972 1973 1974 1975 1976 Action Figures Amicus Arcade games Australia Beach movies Beatles Blaxploitation Board games Britpop Canada Crime Disney Doo-Wop Elvis Presley Girl groups Glam Goth Hammer Heavy Metal Irwin Allen Labels Merseybeat Mod revival Motown New Romantic New Wave NWOBHM Oi! One-hit wonders Power Pop Pub rock Punk Radio Scotland Ska Soul music Surf music
    Search Nostalgia Central
    Copyright © 1998, 2022 Nostalgia Central
    • About
    • Contact
    • FAQ

    Type above and press Enter to search. Press Esc to cancel.