New Brunswick dollar

Last updated
New Brunswick dollar
New Brunswick dollar (Canadian English)
Unit
Symbol $
Denominations
Subunit
1100 cent
Banknotes1, 2, 3, 4, 5, 8, 10, 20, 50, 100 dollars
Coins12, 1, 5, 10, 20 cents
Demographics
Date of introduction1860
Replaced New Brunswick pound
Date of withdrawal1867
Replaced by Canadian dollar
User(s)Flag of the United Kingdom.svg  New Brunswick
Valuation
Value NB$1 = CA$1
This infobox shows the latest status before this currency was rendered obsolete.

The dollar was the currency of New Brunswick between 1860 and 1867. It replaced the pound at a rate of 4 dollars = 1 pound (5 shillings = 1 dollar) and was equal to the Canadian dollar. The New Brunswick dollar was replaced by the Canadian dollar at par when New Brunswick entered the Canadian Confederation.

Contents

Coins

New Brunswick one cent coin New Brunswick one cent piece.jpg
New Brunswick one cent coin

Coins were issued between 1861 and 1864 in denominations of 12, 1, 5, 10 and 20 cent. The 12 and 1 cent were struck in bronze, the others in silver. The 12 cent piece was struck in error by the Royal Mint, as New Brunswick used a different pound conversion rate than Nova Scotia and did not require the denomination. As most of the coins were returned for melting, surviving 12 cent pieces are scarce. [1]

Banknotes

Four chartered banks issued notes, the Bank of New Brunswick, the Central Bank of New Brunswick, the Commercial Bank of New Brunswick and the People's Bank of New Brunswick. Denominations issued were 1, 2, 3, 4, 5, 8, 10, 20, 50 and 100 dollars. The Commercial Bank's notes also bore the denominations in pounds and shillings. The Bank of New Brunswick and the People's Bank of New Brunswick continued to issue notes after Confederation, see Canadian chartered bank notes.

See also

Related Research Articles

The dollar has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

The British West Indies dollar (BWI$) was the currency of British Guiana and the Eastern Caribbean territories of the British West Indies from 1949 to 1965, when it was largely replaced by the East Caribbean dollar, and was one of the currencies used in Jamaica from 1954 to 1964. The monetary policy of the currency was overseen by the British Caribbean Currency Board (BCCB). It was the official currency used by the West Indies Federation The British West Indies dollar was never used in British Honduras, the Cayman Islands, the Turks and Caicos Islands, the Bahamas, or Bermuda.

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.

<span class="mw-page-title-main">Ugandan shilling</span> Currency of Uganda

The shilling is the currency of Uganda. Officially divided into cents until 2013, due to substantial inflation the shilling now has no subdivision.

The Bermudian dollar is the official currency of the British Overseas Territory of Bermuda. It is subdivided into 100 cents. The Bermudian dollar is not normally traded outside Bermuda, and is pegged to the United States dollar at a one-to-one ratio. Both currencies circulate in Bermuda on an equal basis.

<span class="mw-page-title-main">Trinidad and Tobago dollar</span> Currency of Trinidad and Tobago

The Trinidad and Tobago dollar is the currency of Trinidad and Tobago. It is normally abbreviated with the dollar sign $, or alternatively TT$ to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. Cents are abbreviated with the cent sign ¢, or TT¢ to distinguish from other currencies that use cents. Its predecessor currencies are the Trinidadian dollar and the Tobagonian dollar.

<span class="mw-page-title-main">Barbadian dollar</span> Currency of Barbados

The dollar has been the currency of Barbados since 1935. Globally its currency has the ISO 4217 code BBD, however, unofficially in Barbados the International vehicle registration code BDS is also commonly used, a currency code that is otherwise reserved for Bangladesh outside Barbados. As such the present Barbados dollar has the official ISO 4217 code of BB which matches the [dot] .bb Cc-TLD domain names classification for Barbados under ISO 3166, plus D for dollar in the foreign exchange market. The Barbadian dollar is considered as a currency which can be divided into 100 cents, though the 1 cent coin is in the process of being phased out. In terms of population, Barbados is the third smallest country in the world after Tonga and the Seychelles to have an independent currency and monetary policy.

<span class="mw-page-title-main">Dutch guilder</span> Currency of the Netherlands from the 17th century until 2002

The guilder or florin was the currency of the Netherlands from 1434 until 2002, when it was replaced by the euro.

<span class="mw-page-title-main">Rhodesian dollar</span> National currency of Rhodesia (now Zimbabwe) from 1970-80

The Rhodesian dollar was the currency of Rhodesia between 1970 and 1980. It was subdivided into 100 cents.

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 - at parity with sterling with free convertibility - was replaced in 1973 with the decimal naira at a rate of £1 = ₦2., rendering Nigeria the last country to abandon the pre-decimal (£sd) currency system.

<span class="mw-page-title-main">Fijian pound</span>

The pound was the currency of Fiji between 1873 and 1969. It was subdivided into 20 shillings, each of 12 pence.

<span class="mw-page-title-main">Danish West Indian daler</span> Currency of the Danish West Indies (1849–1917)

The daler was the currency of the Danish West Indies between 1849 and 1917, and of the United States Virgin Islands between 1917 and 1934.

<span class="mw-page-title-main">British North Borneo dollar</span> Currency from 1882 to 1953

The British North Borneo dollar was the currency of British North Borneo from 1882 to 1953. It was subdivided into 100 cents. The dollar had remained at par with the Straits dollar, the currency of Malaya and Singapore, at the value of one dollar to 2 shillings 4 pence sterling from its introduction until both currencies were replaced by the Malaya and British Borneo dollar in 1953. Both coins and banknotes were issued by the British North Borneo Company.

<span class="mw-page-title-main">Newfoundland dollar</span> Currency of Newfoundland before joining Canada

The dollar was the currency of the colony of Newfoundland and, later, the Dominion of Newfoundland, from 1865 until 1949, when Newfoundland became a province of Canada. It was subdivided into 100 cents.

<span class="mw-page-title-main">History of the Canadian dollar</span> History of currency in Canada

Canada has an extensive history with regard to its currencies. Prior to European contact, indigenous peoples in Canada used items such as wampum and furs for trading purposes, which continued when trade with Europeans began. During the period of French colonization, coins were introduced, as well as one of the first examples of paper currency by a western government. During the period of British colonization, additional coinage was introduced, as well as banknotes. The Canadian colonies gradually moved away from the British pound and adopted currencies linked to the United States dollar. With Confederation in 1867, the Canadian dollar was established. By the mid-20th century, the Bank of Canada was the sole issuer of paper currency, and banks ceased to issue banknotes.

<span class="mw-page-title-main">Nova Scotian dollar</span>

The dollar was the currency of Nova Scotia between 1860 and 1871. It replaced the Nova Scotian pound at a rate of 5 dollars = 1 pound and was consequently worth less than the Canadian dollar. The Nova Scotian dollar was replaced by the Canadian dollar at a rate of 73 Canadian cents = 75 Nova Scotian cents, thus maintaining the difference between the two currencies established in 1860.

<span class="mw-page-title-main">Canadian pound</span> Currency used in Canada (1841–1858)

The pound was the currency of the Canadas until 1858. It was subdivided into 20 shillings (s), each of 12 pence (d). In Lower Canada, the sou was used, worth 12 penny. Although the £sd accounting system had its origins in sterling, the Canadian pound was never at par with sterling's pound.

The pound was the currency of New Brunswick until 1860. It was divided into 20 shillings, each of 12 pence, with the dollar circulating at a value of 5/–.

<span class="mw-page-title-main">Nova Scotian pound</span>

The pound was the currency of Nova Scotia until 1860. It was subdivided into 20 shillings, each of 12 pence. It was equivalent to sterling and was replaced by the dollar in 1860, at a rate of $5 = £1, although coins and notes of the dollar currency were not issued until 1861.

<span class="mw-page-title-main">Prince Edward Island dollar</span> Unit of currency used in Prince Edward Island

The Prince Edward Island dollar was a unit of currency used in Prince Edward Island. The dollar replaced the Prince Edward Island pound in 1872 at a rate of 1 pound = 4.866 dollars. The dollar was subdivided into 100 cents.

References

  1. ’’Canadian Coins’’, 60th Anniversary Edition, A Charlton Standard Catalogue, 2006, Toronto, p. 29