Sunday 3 March 2013

02 Monetary systems of countries


It is interesting to know about the various monetary systems used in different parts of the world during the past two centuries. Here are some of the countries who have changed the systems over the centuries. I do hope it is interesting to know. 

The information given is only for understanding and it is not exhaustive.

The monetary system of Argentina:                                      
  • 1881-
    • 100 Centavos = 1 Peso
    • 10 Pesos = 1 Argentino
    • 100 Centavos = 1 Austral 


The monetary system of Australia :
  • 1901-1964
    • 12 Pence = 1 Shilling
    • 2 Shillings = 1 Florin
    • 5 Shillings = 1 Crown
    • 20 Shillings = 1 Pound (Sovereign)
  • 1966-
    • 100 Cents = 1 Dollar
The monetary system of India:
  • 1835-1947
    • 3 Pies = 1 Pice
    • 4 Pice = 1 Anna
    • 16 Annas = 1 Rupee
    • 15 Rupees = 1 Mohur
  • 1950-1957
    • 4 Pice = 1 Anna
    • 16 Annas = 1 Rupee
  • 1957-1963
    • 100 Naye Paise = 1 Rupee
  • 1964-
    • 100 Paise = 1 Rupee
The monetary system of Ireland:
  • 1939-1969
    • 4 Farthings = 1 Penny (Pence)
    • 12 Pence = 1 Shilling
    • 2 Shillings = 1 Florin
    • 5 Shillings = 1 Crown
    • 20 Shillings = 1 Pound
  • 1969-2000
    • 100 Pence = 1 Pound
  • 2002-
    • 100 Cents = 1 Euro 


The monetary system of Irish Free State:
  • 4 Farthings = 1 Penny (Pence)
  • 12 Pence = 1 Shilling
  • 2 Shillings = 1 Florin
  • 5 Shillings = 1 Crown
The monetary system of the United Mexican States:
  • 1823-1871
    • 16 Reales = 1 Escudo
  • 1863-1992
    • 100 Centavos = 1 Peso
  • 1992-date
    • 100 Centavos = 1 Peso
    • 1 New Peso = 1000 Old Pesos
The monetary system of Sweden:
  • 1704-1798
    • 8 Öre = 1 Mark
    • 32 Öre = 1 Daler
    • 96 Öre Silver Money (S.M.) = 1 Riksdaler
    • 3 Daler (S.M.) = 1 Riksdaler
    • 9 Daler Kopper Money (K.M.) = 1 Riksdaler
  • 1798-1830
    • 48 Skilling = 1 Riksdaler Specie
    • 2 Riksdaler (Speciesdaler) = 1 Ducat
  • 1830-1855
    • 8 Skilling Banco = 1 Riksdaler Specie
    • 4 Riksdaler Riksgalds = 1 Riksdaler Specie
  • 1855-1873
    • 100 Öre = 1 Riksdaler Riksmynt
    • 4 Riksdaler Riksmynt = 1 Riksdaler Specie
  • 1873-
    • 100 Öre = 1 Krona
The monetary system of the UK:
  • 1801-1970
    • 4 Farthings = 1 Penny (Pence)
    • 12 Pence = 1 Shilling
    • 2 Shillings = 1 Florin
    • 5 Shillings = 1 Crown
    • 20 Shillings = 1 Pound (Sovereign)
    • 21 Shillings - 1 Guinea
  • 1971-
    • 5 Pence (New Pence) = 1 Shilling
    • 25 Pence = 1 Crown
    • 100 Pence = 1 Pound 















































































































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