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Unit | |
---|---|
Plural | pounds |
Symbol | £ |
Denominations | |
Subunit | |
1⁄20 | shilling |
1⁄240 | penny |
1⁄480 | sou |
Plural | |
shilling | shillings |
penny | pence |
sou | sous |
Symbol | |
shilling | s or /– |
penny | d |
Demographics | |
Date of introduction | 1841 |
Date of withdrawal | 1858 |
Replaced by | Canadian dollar |
User(s) | Province of Canada |
Valuation | |
Value | £1 = $4 |
This infobox shows the latest status before this currency was rendered obsolete. |
The pound (symbol £) was the currency of the Canadas until 1858. It was subdivided into 20 shillings (s), each of 12 pence (d). In Lower Canada, the sou was used, equivalent to a halfpenny. Although the £sd accounting system had its origins in sterling, the Canadian pound was never at par with sterling's pound.