One Shilling and seven pence GBP in 1831 had the purchasing power of about £5.30 GBP today.
NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
One Shilling and Nine Pence GBP in 1938 had the purchasing power of about £3.72 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
It was worth 12 pence in pre-decimalisation money
about $2.28
14 Pence GBP in 1984 had the purchasing power of about £0.30 GBP today.
Up until about 1970 the UK had a shilling, worth about 12 cents. The shilling was a 20th of a pound, now replaced by 5 pence. Austria used to have a unit of currency named the schilling, but that has been replaced by the euro.
A British Shilling in 1950 had the purchasing power of about £1.15 GBP today.
There have always been 12 Pence to the Shilling since the Shilling was first introduced.
Before England decimalised the Pound, one shilling was worth one twentieth of a pound or 12 pence. Nowadays shillings aren't used, but it would be worth 5 pence of today's decimalised pound.
12 pence =1 shilling 240 pence = 1 pound 20 shillings = 1 pound
Under pre-decimal currency in the UK, a shilling was worth twelve pence, and a sixpence worth six pence. The UK adopted decimal currency in 1971.
12 pence
One Shilling and Nine Pence GBP in 1938 had the purchasing power of about £3.72 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
A shilling is worth more than a penny. In the British currency system, there are 12 pennies in a shilling.
Before the British currency reform, there were 12 pence in a shilling, and 20 shillings in a pound, so there were 240 pence in a pound. That system was dropped in 1971, when the UK converted to "new pence" (worth 2.4 old pence), making 100 new pence per pound. The shilling was replaced with a 5 new pence coin (worth the same amount as the former shilling, 1/20th of a pound).
It was worth 12 pence in pre-decimalisation money
Prior to decimalisation in 1971 a Shilling was one twentieth of a Pound. At decimalisation, the Shilling converted to 5 New Pence.
The British Shilling converted to 5 New Pence at decimalisation. The Australian and New Zealand Shillings, amongst many others, converted to 10 cents at decimalisation.