New Guinean pound

New Guinean pound
1d
1d
User(s) Territory of New Guinea
Pegged with Australian pound, which was in turn pegged with the British pound at par.
Subunit
1/20 shilling
1/240 penny
Symbol £
shilling s
penny d
Plural  
penny pence
Coins 1d, 3d, 6d, 1/-
This infobox shows the latest status before this currency was rendered obsolete.

The pound was the currency of the Australian territory of New Guinea between 1915 and 1966. It replaced the mark when Australia occupied the former German colony. It was equal to the Australian pound and Australian currency circulated, alongside coins issued specifically for New Guinea between 1935 and 1945. The pound was subdivided into 20 shillings, each of 12 pence.

Between 1942 and 1945, the Oceania pound circulated, issued by the Japanese occupiers. Australian coins and banknotes resumed circulation after the war and continued until 1975, when the kina replaced the Australian dollar at par.

Coins

In 1935, 3 and 6 pence and 1 shilling coins were introduced, followed in 1936 by 1 penny coins. The penny was minted in bronze, with the 3 and 6 pence in cupro-nickel and the shilling in sterling silver. All the coins were holed.

Preceded by:
German gold mark
Ratio: at par
Currency of New Guinea
1915 – 1942
Concurrent with: Australian pound
Succeeded by:
Oceania pound
Reason: Japanese occupation
Ratio: par
Preceded by:
Oceania pound
Reason: Liberation from Japanese occupation
Currency of New Guinea
1945 – 1966
Concurrent with: Australian pound
Succeeded by:
Australian dollar
Reason: decimalisation
Ratio: 2 dollars = 1 pound



Wikimedia Foundation. 2010.

Look at other dictionaries:

  • New Zealand pound — ISO 4217 code NZP User(s) New Zealand, Cook Islands, Niue, Pitcairn Islands, Tokelau Subunit 1/20 shilling …   Wikipedia

  • New Brunswick pound — The pound was the currency of New Brunswick until 1860. It was subdivided into 20 shillings, each of 12 pence, with the dollar (initially the Spanish dollar) circulating at a value of 5 shillings (the Halifax rating). Contents 1 History 2 Coins 3 …   Wikipedia

  • New Hampshire pound — The pound was the currency of New Hampshire until 1793. Initially, the British pound circulated, supplemented from 1709 by local paper money. These notes were denominated in pounds, shillings and pence but were worth less than sterling, with 1… …   Wikipedia

  • New Jersey pound — The pound was the currency of New Jersey until 1793. Initially, the British pound and some foreign currencies circulated, supplemented from 1709 by local paper money. However, although the notes were denominated in pounds, shillings and pence,… …   Wikipedia

  • New York pound — The pound was the currency of New York until 1793. Initially, the British pound and some foreign currencies circulated, supplemented by local paper money from 1709. Although these were denominated in pounds, shillings and pence, they were worth… …   Wikipedia

  • New Guinean mark — The Mark (German plural: Mark, English plural: marks) was the currency of the colony of German New Guinea between 1884 and 1915. It was equal to the German Mark, which was also legal tender in the colony. Initially, only German currency… …   Wikipedia

  • Papua New Guinean kina — Infobox Currency image 1 = image title 1 = 20 kina banknote image 2 = image title 2 = 50 kina banknote iso code = PGK using countries = PNG inflation rate = 1.8% inflation source date = [https://www.cia.gov/library/publications/the world… …   Wikipedia

  • Pound sterling — GBP redirects here. For other uses, see GBP (disambiguation). Pound sterling Peuns sterling (Cornish) Punt steirling (Irish) Punt Sostynagh …   Wikipedia

  • Pound (currency) — The pound, a unit of currency, originated in England as the value of a pound mass of silver. [ [http://www.etymonline.com/index.php?term=pound Online Etymology Dictionary] ] For a long time, £1 worth of silver coins were a troy pound in… …   Wikipedia

  • New France livre — The livre was the currency of New France, the French colony in modern day Canada. It was subdivided into 20 sols, each of 12 deniers. Contents 1 History 2 Coins 3 Banknotes 4 …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.