Discover and read the best of Twitter Threads about #HistoryofMoney
Most recents (1)
Inspired by the #LockdownBestiary, I have created my own abecedary. (For previous entries search Twitter: #MoneyAtoZ)
a=ancient economy
b=bitcoin
c=cowry shells
d is for….[dogs?] 1/x
a=ancient economy
b=bitcoin
c=cowry shells
d is for….[dogs?] 1/x
2) d is for penny, of course!
Before it was finally decimalised in 1971 (proposals had been repeated since 1850s), British money of account consisted of pounds, shillings, pence--abbreviated £ s d: 12d to the shilling, 20s to the £. After 15/2/1971, 6d=2.5 [decimal] pence!
Before it was finally decimalised in 1971 (proposals had been repeated since 1850s), British money of account consisted of pounds, shillings, pence--abbreviated £ s d: 12d to the shilling, 20s to the £. After 15/2/1971, 6d=2.5 [decimal] pence!
3) £ s d also the abbreviation for accounting units most widely used in France before 1789: livres (lit. “pounds”) tournois, sous, deniers (12d=1s; 20s=1£). N.B. in parts of the Kingdom, accounts were kept in Hainaut or Lorraine livres. No livre or denier coin existed, however.
