Georgia pound facts for kids
Quick facts for kids Georgia pound |
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|---|---|
| Georgia pound | |
| User(s) | Georgia, United States |
| Subunit | |
| 1⁄20 | shilling |
The pound was the currency of Georgia until 1793. Initially, sterling coin circulated. This was supplemented from 1735 with local paper money denominated in £sd, with 1 pound = 20 shillings = 240 pence.
The State of Georgia issued Continental currency denominated in £sd and Spanish dollars, at 1 dollar = 5 shillings. The continental currency was replaced by the U.S. dollar at the rate of 1000 continental dollars = 1 U.S. dollar.
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Georgia pound Facts for Kids. Kiddle Encyclopedia.