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.
alot about 50 i think alot about 50 i think alot about 50 i think alot about 50 i think alot about 50 i think
In the UK 50 shillings of pre decimal money would equal £2.50 today. (1 shilling = 5 new pence)
On "Decimal Day" in 1971, Ten Shillings converted to 50 New Pence. Ten Shillings was equal to 120 old Pence.
in American money, about $1.20 a shilling. So 1000 shillings is alot of money in American dollars
Hamsini is 50 in Swahili (and Arabic) - if you refer to the 50 senti coin which is not in circulation anymore the Bank of Tanzania sells such coins in uncirculated condition for 1 USD. If it is about the 50 shillings coin then the actual value is about 0.04 cents (1 USD = 1350 Tanzanian shillings).
About 50 shillings
The price was about 2 shillings which is around about 50 pence
50 pence was equal to 10 shillings in the pre-decimal currency. When Britain was on the gold standard, it was equal to a half-sovereign, a small gold coin equal to half of a pound (or 10 shillings since there were 20 shillings in the pound). After the end of the gold standard, it was largely replaced with the 10 shilling note until decimalisation when it was replaced with the 50p coin.
its not alot
The British Shilling and the Shillings of most other Commonwealth countries are part of long redundant currencies which no longer have exchange rates with any other currency. There were 20 Shillings in a Pound and 12 Pence in a Shilling. The British currency changeover occurred in 1971. Ten Shillings converted to 50 New Pence. 10 British Shillings in 1971 had the purchasing power of about £4.73 GBP today. 10 British Shillings in 1971 had the purchasing power of about $7.60 USD today.
The British Shilling and the Shillings of most other Commonwealth countries are part of long redundant currencies which no longer have exchange rates with any other currency. There were 20 Shillings in a Pound and 12 Pence in a Shilling. The British currency changeover occurred in 1971. Ten Shillings converted to 50 New Pence. 10 British Shillings in 1969 had the purchasing power of about £5.50 GBP today. 10 British Shillings in 1969 had the purchasing power of about $8.83 USD today.
I should ask your Grandad. In the UK it was about 4 shillings per gallon (we still had shillings then) and I recall it was about $2.80 to the pound, so that would make it about 50 cents to the gallon, but it was probably cheaper in the US