Also there are other weird oddities you have to learn. A bob is a shilling, a crown is five shillings (I think?), so half a crown is 2s 6d. A farthing is 1/4 of a penny, and a ha'penny is self-explanatory.
The guinea is the weirdest of the lot though.
Any kind soul care to explicate?
It had something to do with Plantagenet Palliser....
Things I'm glad I was too young to have to deal with - I only know the shillings thing because they were still in circulation when i was a kid. Actually, I'm wrong - 1 shilling=5 new pence
I thought that a shilling was 5p for purposes of decimal conversion? So still 20 shillings to the pound?
See my post, amych. I was talking rubbish, mislead because (deep breath) they changed the size of the 5p in the mid-80s, and brought out the 20p. So the 20p is now the size of the old 5p, which was interchangeable with the Shilling.
I think we x-posted, Jim. No worries.
I remember how much it confused me when I was reading E. Nesbit. And some time in my childhood I ordered a wooden doll from Pollack's and did my best to convert U.S. dollars to L.s.D and got it all wrong.
A pound was twenty shillings (a guinea twenty-one)
That was the one that always confused me the most, especially when reading Edith Nesbit, because until I finally could come around to a guinea having pretty much the same value of a pound, it didn't.
[Edit: E. Nesbit x-post with Betsy, at least I was in good company]
And in Australia, when we decimalised our old pound turned into
two
dollars, so for us 1 shilling = 10 cents.