| |||||
| Unit | |||||
|---|---|---|---|---|---|
| Symbol | £ | ||||
| Denominations | |||||
| Subunit | |||||
| 1⁄20 | shilling | ||||
| 1⁄240 | penny | ||||
| Symbol | |||||
| shilling | s or /– | ||||
| penny | d | ||||
| Banknotes | |||||
| Freq. used | 5/–, 10/–, £1, £5, £10, £20 | ||||
| Rarely used | 1d, 1/–, 2/– | ||||
| Coins | 1⁄2d, 1d, 3d, 6d, 1/–, 2/– | ||||
| Demographics | |||||
| User(s) | Fiji | ||||
| Issuance | |||||
| Central bank | Reserve Bank of Fiji | ||||
| Website | www | ||||
| This infobox shows the latest status before this currency was rendered obsolete. | |||||
The pound (sign: £) was the currency of Fiji between 1873 and 1969. It was subdivided into 20 shillings, each of 12 pence.
From its earliest days as a British colony, sterling coinage circulated in Fiji, supplemented by locally produced paper money. During the Great Depression of the 1930s, the Australian and New Zealand banks devalued their currencies in order to bolster exports to the UK. These banks also controlled the exchange rate for Fiji, and in 1933 the Fiji pound was devalued to £1/2/3 Fijian = £1 stg, in order to bring it into line with the devalued New Zealand pound, even though the New Zealand pound would very shortly devalue further to bring it into line with the Australian pound. In 1934, as a result of the break in parity with sterling, Fiji began to issue its own coins. When sterling was devalued on 20 November 1967, Fiji immediately followed suit. However, over the next week, Fiji considered the adverse effects that this devaluation would have on imports to Fiji while keeping an eye on how Australia and New Zealand would respond to the situation. On 28 November 1967, Fiji decided to partially revalue its pound, hence resulting in a sterling exchange rate of £104/10/– Fijian = £100 stg. [1] This had the effect of bringing the Fijian pound closer to its original relationship to the Australian and New Zealand units as existed prior to the upheavals which took place in the exchange rates at the time of the Great Depression. In 1969, the Fijian pound was replaced by the Fijian dollar at a rate of £1 = FJ$2 such that the new Fijian dollar was approximately equal to the new dollars in Australia and New Zealand.
For a more general view of history in the wider region, see British currency in Oceania.
In 1934, coins were introduced in denominations of 1⁄2d, 1d and 6d, 1/– and 2/–. A notable absence from this list is the 3d denomination which existed in all other territories which used sterling coinage. The absence of a 3d coin was a matter of considerable controversy. The larger denomination Fijian coins were the same size as the corresponding British coins, whereas the 1⁄2d and 1d were smaller, holed, and struck in cupro-nickel. In 1942 and 1943, coins were produced for Fiji at the San Francisco mint, resulting in brass 1⁄2d and 1d coins and 90% silver 6d, 1/– and 2/– coins. In 1947, a nickel-brass dodecagonal 3d coin of identical size and shape to the corresponding Sterling coin was finally introduced. Cupro-nickel replaced silver between 1953 and 1957.
In 1871, £1 notes were issued at Levuka on the island of Ovalau. These were followed in 1873 by notes of the Fiji Banking and Commercial Company in denominations of 5/– and 10/– and £1 and £5. The Bank of New Zealand introduced notes in 1876 in denominations of £1, £5, £10 and £20, followed by 10/– notes in 1918. Bank of New South Wales issued £1 notes in 1901.
In 1914, the Fijian government Currency Board introduced its own banknotes: £1, £5, £10 and £20 denominations which were printed by Thomas de la Rue in London. [2] Due to wartime conditions creating a shortage of silver, 10/- notes were introduced in 1918, followed by 5/– in 1920. All notes of this first issue have a guilloche and scrollwork design, while lacking a vignette. Also in 1920, the private trading banknotes of the Bank of New Zealand and Bank of New South Wales were withdrawn from circulation. A new design second issue of all denominations featuring the portrait of King George V were introduced in 1934. Apart from revised portraits of the reigning monarch, these notes were largely the same design until 1969. Emergency issues were also made during World War II for 1d, 1/– and 2/–.
The Sri Lankan Rupee is the currency of Sri Lanka. It is subdivided into 100 cents, but cents are rarely seen in circulation due to its low value. It is issued by the Central Bank of Sri Lanka. The abbreviation Re (singular) and Rs (plural) is generally used, the World Bank suggests SL Rs as a fully disambiguating abbreviation for distinction from other currencies named "rupee".
The Sucre was the currency of Ecuador between 1884 and 2000. Its ISO code was ECS and it was subdivided into 10 decimos and 100 centavos. The sucre was named after Latin American political leader Antonio José de Sucre. The currency was replaced by the United States dollar as a result of the 1998–99 financial crisis.
The leone is the currency of Sierra Leone. It is subdivided into 100 cents. As of 1 July 2022, the ISO 4217 code is SLE due to a redenomination of the old leone (SLL) at a rate of SLL 1000 to SLE 1. The leone is abbreviated as Le placed before the amount.
The sol, later sol de oro, was the currency of Peru between 1863 and 1985. It had the ISO 4217 currency code PES. It was subdivided into 10 dineros or 100 centavos. It also had two different superunits over its circulation life, the inca (1881-1882) and later the gold pound, both worth 10 soles.
The pound was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. As with other £sd currencies, it was subdivided into 20 shillings, each of 12 pence.
The shilling is the currency of Uganda. Officially divided into cents until 2013, due to substantial inflation the shilling now has no subdivision.
The pound is the official currency of Egypt. It is divided into 100 piastres, or ersh, or 1,000 milliemes.
The shilling is the currency of Tanzania. It is subdivided into 100 cents . The Tanzanian shilling replaced the East African shilling on 14 June 1966 at par.
The Solomon Islands dollar is the currency of Solomon Islands since 1977. Its symbol is $, with SI$ used to differentiate it from other currencies also using the dollar sign. It is subdivided into 100 cents.
The escudo was the currency of Portuguese India between 1958 and 1961. It was subdivided into 100 centavos and was equal in value to the Portuguese escudo. After Portuguese India was annexed by the Republic of India in 1961, the escudo was replaced by the Indian rupee.
The pound was the currency of British West Africa, a group of British colonies, protectorates and mandate territories. It was equal to one pound sterling and was similarly subdivided into 20 shillings, each of 12 pence.
The pound was the currency of New Zealand from 1840 until 1967, when it was replaced by the New Zealand dollar. Like the pound sterling, it was subdivided into 20 shillings each of 12 pence.
The peso was the currency of Paraguay between 1856 and 1944. It replaced the real at a rate of 8 reales = 1 peso. Until 1870, the peso was subdivided into 8 reales. Paraguay then decimalized, with 100 centésimos = 1 peso. The name of the subdivision was changed to centavo in 1874. The peso was replaced in 1944 by the guaraní at a rate of one hundred to one.
The Rhodesian dollar was the currency of Rhodesia between 1970 and 1980. It was subdivided into 100 cents.
The dinar was the currency of South Arabia and then South Yemen between 1965 and 1990. It was subdivided into 1000 fils (فلس). After Yemen's monetary unification on 1 July 1990, it was one of the two official currencies used in Yemen Republic until 11 June 1996.
The pound was the currency of Nigeria between 1907 and 1973. Until 1958, Nigeria used the British West African pound, after which it issued its own currency. The pound was subdivided into 20 shillings, each of 12 pence. The Nigerian pound was replaced with the introduction in 1973 of the decimal naira at a rate of £1 = ₦2. This made Nigeria the last country to abandon the £sd currency system.
The pound was the currency of Ghana between 1958 and 1965. It was subdivided into 20 shillings, each of 12 pence. Until 1958, Ghana used the British West African pound, after which it issued its own currency. In 1965, Ghana introduced the first cedi at a rate of £1 = ₵2.40, i.e., ₵1 = 100d.
The pound was the currency of Zambia from independence in 1964 until decimalization on January 16, 1968. It was subdivided into 20 shillings, each of 12 pence.
The pound was the currency of Tonga until 1967. It was subdivided into 20 shillings, each of 12 pence.
The pound was the currency of Southern Rhodesia. It also circulated in Northern Rhodesia and Nyasaland. The pound was subdivided into 20 shillings, each of 12 pence.
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