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The British shilling, abbreviated "1s" or "1/-", was a unit of currency and a denomination of sterling coinage worth 1 ⁄ 20 of one pound, or twelve pence. It was first minted in the reign of Henry VII as the testoon , and became known as the shilling, from the Old English scilling , [ 1 ] sometime in the mid-16th century.
Prior to decimalisation in 1971, there were 12 pence (written as 12d) in a shilling (written as 1s or 1/-) and 20 shillings in a pound, written as £1 (occasionally "L" was used instead of the pound sign, £). There were therefore 240 pence in a pound. For example, 2 pounds 14 shillings and 5 pence could have been written as £2 14s 5d or £2/14/5
The English shilling was a silver coin of the Kingdom of England, when first introduced known as the testoon. A shilling was worth twelve pence , [ 1 ] [ 2 ] and there were 20 shillings to the pound sterling . [ 3 ]
5/- for 5 shillings only, with the dash to stand for zero pennies. The sum of 5/6 would be spoken as "five shillings and sixpence" or "five and six". The abbreviation for the old penny, d, was derived from the Roman denarius, and the abbreviation for the shilling, s, from the Roman solidus.
A 1933 UK shilling 1956 Elizabeth II UK shilling showing English and Scottish reverses. The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s ...
Prices in the Kenyan shilling are written in the form of x/y, where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/50" and 100 shillings as "100/=" or "100/-". Sometimes the abbreviation KSh is prefixed for distinction. If the amount is ...
1652 pine tree shilling. The pine tree shilling was a type of coin minted and circulated throughout the Thirteen Colonies. In 1652, the Massachusetts Bay Colony authorized Boston silversmiths John Hull and Robert Sanderson to mint coinage. [1] Prior to 1652, the Massachusetts financial system was based on bartering and foreign coinage.
The shilling has been the currency of parts of Somalia since 1921, when the East African shilling was introduced to the former British Somaliland protectorate.Following the 1960 independence and unification of the former territories of British Somaliland and Italian Somaliland, their respective currencies, the East African shilling and somalo (which were equal in value) were replaced at par in ...