answersLogoWhite

0

In the 18th century, the primary currency in England was the pound sterling, symbolized as £. The pound was subdivided into 20 shillings, with each shilling further divided into 12 pence, making a total of 240 pence in a pound. Coins made of precious metals such as gold and silver were commonly used, along with banknotes issued by private banks later in the century. The currency system was based on a bimetallic standard, primarily using gold and silver coins.

User Avatar

AnswerBot

3d ago

What else can I help you with?