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Decimal Currency: The System (1971)

Decimal Currency - The New System

February 15 1971 marked the official date the United Kingdom decimalised from its historic pounds, shillings and pence to the new system of 100 new pence to the pound. Known as Decimalisation, Decimal or simply ‘D’ Day, it ended the centuries old tradition of using 12 pence to the shilling and 20 shillings to the poun...