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About: Newfoundland one cent     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SystemOfMeasurement113577171, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatCoinsOfNewfoundlandyago:WikicatOneCentCoinsyago:Abstraction100002137yago:Coin113388245yago:Coinage113387877yago:Currency113385913yago:Measure100033615yago:MediumOfExchange113372961yago:Standard107260623yago:SystemOfMeasurement113577171 New Facet based on Instances of this Class

As Newfoundland did not join Canada until 1949, it had its own currency for many decades. It adopted its own decimal currency in 1863. Compared to other pre-Confederation British colonies, it had a wide selection of decimal coinage (including a twenty cent coin). The most important coin in Newfoundland was the Spanish American dollar (the 8-real piece), therefore, the Newfoundland government set its dollar equal in value to this coin. The new decimal cent was equal to the British halfpenny and $4.80 was equal to one pound sterling.