Decimal Day Board. Consideration was given to introducing a new major unit of currency worth ten shillings in the old currency: suggested names included the "new pound", the "royal" and the "noble". This would have resulted in the "decimal penny" being worth only slightly more than the old penny (this approach was adopted, for example, when South Africa, Australia and New Zealand decimalised in the 1960s, adopting respectively the South African rand, Australian dollar and New Zealand dollar equal in value to 10 shillings). But Halsbury decided, in view of the pound sterling's importance as a reserve currency, that the pound should
Japanese government-issued currency in the Dutch East Indies that, as of 11 March 1942, the only valid currency in the region were military banknotes and existing colonial gulden. Soon, however, they had begun replacing the pre-war currency at par. They soon required that all extant Dutch currency be exchanged for the occupation issue. This policy, however, was not implemented very strictly, and pre-war currency was widely hoarded, even in the internment camps. In March 1943, the Japanese occupation government ceased issuing military notes; at the time, military currency to the value of 353 million gulden was in circulation. Printing operations were moved to Kolff in Batavia (now Jakarta),