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Home > HistoryPod > 15th February 1971: The UK and Ireland decimalise their currency
Podcast: HistoryPod
Episode:

15th February 1971: The UK and Ireland decimalise their currency
Category: Society & Culture
Duration: 00:02:39
Publish Date: 2018-02-14 21:05:44
Description: On the 15th February 1971, the United Kingdom and Ireland abandoned their old currency of pounds, shillings and pence and introduced a decimalised system. Thanks to a long transitional period that had been established prior to decimalisation, Decimal Day itself went relatively smoothly while shops continued to accept ‘old money’ for a few weeks afterwards in order to remove old coins from circulation. Decimalisation wasn’t seriously considered by the British Parliament until the Halsbury Committee presented its report on decimal currency in 1963. The majority of the Commonwealth had either already adopted, or were in the process of adopting, decimal ...
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