Irish pound The number of pence in the Irish pound was redefined from 240 to 100, with the penny symbol changing from "d" to "p". The pound itself was not revalued by this act and therefore pound banknotes were unaffected, although the 10 shilling note was replaced by the 50p coin. The new 5 pence coin correlated with the old 1 shilling coin, and the new 10 pence coin correlated with the old 2 shilling coin. New coins were issued of the same dimensions and materials as the corresponding new British coins. The Decimal Currency Act, 1970 made additional provisions for the
British currency in the Middle East is said that the British Empire had three currency zones, and that the three currencies were the pound sterling, the dollar, and the rupee. The situation in the British territories of the Middle East was however somewhat complicated, because it involved a situation in which Indian rupees, Turkish piastres, and Egyptian piastres gradually gave way to systems based on units of the sterling system, but without ever involving the introduction of the full sterling coinage. The situation as regards currency in the British territories in the Middle East was quite different from the situation as regards the currencies of the