On 15 February 1971 the decimalisation of the UK currency occurred.
However, it was not an overnight event. Prior to this, in 1968 the new 5p and 10p which had the same value as the old shilling (bob) and florin (2 bob), and so were made to the same size, were introduced. In 1969 the 50p coin was introduced (with the same value as a 10 bob,10 shilling, note), and the old halfpenny and half crown (2/6) were withdrawn from circulation.; the following year (1970) saw the withdrawal of the 10 bob (shilling) note.
Prior to 15 February 1971 prices were shown in both old and new values, eg 1/- (one shilling)(5p), but after this date the order was reversed 5p (1/-). Banks closed a few days earlier to this to allow cheques to clear and to allow them to convert their accounts from lsd (pounds, shillings, pence) to £p - most banks still had manual accounts.
Later in 1971 the old penny and threepenny coins were withdrawn. As the old sixpence was now worth 2½p it was kept in circulation until finally being withdrawn in 1980.
Since the decimal currency has been in use, there have been special issue of crowns (worth 25p, the equivalent of 5/-, (five shilling) the old value of a crown), and prior to the introduction of the two pound coin, special single colour (golden) versions were made for various commemorative events.
Although some decimal currency was legal tender prior to decimalisation the actual date was February 15th 1971
decimal currency was slowly introduced from 1968, with February 1971 being the time when it was official.
The first decimal coins for circulation were minted in 1968.
15th February, 1971. I remember it well.
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he did not invent nor learn it he introduced it to the united states
The hotel chain Travelodge was first introduced in the year 1985 in the United Kingdom. It was originally called Forte Travelodge since Lord Forte bought the hotel chain from the United States.
On 15 February 1971, known as Decimal Day, the United Kingdom and Ireland decimalized their currencies.
It was developed by John Butler of Scotter, Lincolnshire, and introduced to United Kingdom in 1902
The rabbits were introduced in the United Kingdom by the Normans. Just before the Battle of Hasting took place . They were introduced by a man called William Duke of Normandy
The popular orange filled and chocolate topped snack, the Jaffa Cake was introduced by McVitie and Price in 1927. The snack was introduced and is typically consumed in the United Kingdom.
It was legally adopted across the whole of the UK in 1880
World War II and Coronation of the Queen Elizabeth II.
The Government introduced a new parliamentary bill to "restore order" in Ireland.
It is currently thought the Celts brought coins to what is currently known as the United Kingdom in about 150 BC.
Television was first available in homes in the United Kingdom in 1936. It was introduced as an advertisement-free public service which required a fee from residents. The BBC is the United Kingdom, as well as the world's first television channel.
The Granny Smith apple originated in Australia in 1868 by Maria Ann Smith. It was introduced to the United Kingdom in 1935 and the United States in 1972.