Pound (mass) for the weight of certain precious metals, especially in the trade; these are normally quoted just in ounces (e.g. "500 ounces") and, when the type of ounce is not explicitly stated, the troy system is assumed. Historically, the pound sterling was a Tower pound of silver. In 1528, the standard was changed to the Troy pound. The avoirdupois pound, also known as the wool pound, first came into general use c. 1300. It was initially equal to 6992 troy grains. The pound avoirdupois was divided into 16 ounces. During the reign of Queen Elizabeth, the avoirdupois pound was redefined as
History of pound sterling in Oceania devaluation would have on imports to Fiji while keeping an eye on how Australia and New Zealand were going to respond to the situation. On 28 November 1967, Fiji decided to partially revalue its pound, hence resulting in a sterling exchange rate of £104.10.0 Fijian = £100 sterling. This had the effect of bringing the Fijian pound closer to its original relationship to Australian and New Zealand pounds prior to the upheavals which took place in the exchange rates at the time of the Great Depression. In 1969, the Fijian pound was replaced by the Fijian dollar at a rate