answersLogoWhite

0

What was 50 pence in old money?

Updated: 9/21/2023
User Avatar

Wiki User

12y ago

Best Answer

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.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was 50 pence in old money?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How many old pennies is todays 50 pence worth?

On "Decimal Day" in 1971, Ten Shillings converted to 50 New Pence. Ten Shillings was equal to 120 old Pence.


What is 12 percent of 50 pence?

12% of 50 pence= 12% * 50 pence= 0.12 * 50 pence= 6 pence


What is the value of a Egypt 5 pounds?

About 50 pence English money.


How many new pence in 360 old pence?

360 "old" pence was equivalent to £1/10/-, or One Pound, Ten Shillings. At decimalisation, One Pound became 100 "New" Pence and Ten Shillings became 50 "New" Pence. 360 "old" Pence converted to 150 "New" Pence or £1.50 in decimal currency.


What is old English money called?

crowns, shillings and pence


What is the shape of money in England?

Bank notes are all rectangular and coins are round except for 50 pence and 20 pence which are seven sided.


If i spend 90 percent of my money and have 50 pence left how much did i start with?

You started with 100%. If you spent 90%, that means you have 10% left. To find out what 50 pence is 10% of, multiply it by ten.


Chart showing equivalent values of decimal coins and old shillings and pence?

The Sovereign face value = 1 Pound or 20 Shillings - now 1 Pound The Half-Sovereign face value = 10 Shillings - now 50 Pence The old Crown of Five Shillings = 25 Pence The Halfcrown = 12.5 Pence The Florin of Two Shillings = 10 Pence The Shilling = 5 Pence The Sixpence = 2.5 Pence The Threepence = 1.25 Pence The old Penny = 0.416 Pence The old Halfpenny = 0.208 Pence The Farthing = 0.104 Pence


What is a 12 pence?

A 12 pence coin does not exist, but in old British money 12 pence equalled 1 Shilling and 20 Shillings equalled 1 Pound (£).


How much does a 50 pence round robin cost to put on?

50 pence


What is 50 shillings in new money?

In the UK 50 shillings of pre decimal money would equal £2.50 today. (1 shilling = 5 new pence)


What is the coin of British 50 Pence coin 1983 called?

The coin is called a "50 Pence" coin. The term "50 New Pence" was last used in 1981.