Virginia pound

This article is about the colonial currency, for the actress Virginia Pound, see Adrian Booth.

The pound was the currency of Virginia until 1793. Initially, the British pound circulated along with foreign currencies, supplemented from 1755 by local paper money. Although these notes were denominated in pounds, shillings and pence, they were worth less than sterling, with 1 Virginia shilling = 9 pence.

The State of Virginia issued Continental currency denominated in £sd and Spanish dollars, with 1 dollar = 6 shillings. The continental currency was replaced by the U.S. dollar at a rate of 1000 continental dollars = 1 U.S. dollar.

1 comment so far

forex tracer

The markets have been taking a beating lately, but I truly think its just a matter of time before they start coming back around. It won’t last forever.

forex tracer
November 1st, 2008 at 4:18 am

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