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Was 50 shillings alot

Updated: 10/22/2022
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6y ago

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Before the UK introduced decimalisation in 1971, a shilling was worth the equivalent of 12.5 pence. So 50 shillings would be 12.5 x 50, which works out at £6 and just over 2 pence in 'old money'. After decimalisation, the old shilling coin served to double as the decimal 5p coin until it's replacement in 1993; the old two shilling piece doubled as the new 10p until it's withdrawal the previous year.

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