How many pence were in a pound prior to 1971?
Coins of the pound sterling redesign was commissioned by the Royal Mint in 2005, and new designs were gradually introduced into the circulating British coinage from summer 2008. The pre-2008 coins will remain legal tender and are expected to stay in circulation for the foreseeable future (except for the £1 coin). Estimated as at March 2016 Stated as largest value Since decimalisation on 15 February 1971 the pound (symbol "£") has been divided into 100 pence. (Prior to decimalisation the pound was divided into 20 shillings, each of 12 (old) pence; thus, there were 240 (old) pence to the pound. The value of the pound
Malawian pound Malawian pound The pound was the currency of Malawi until 1971. From 1932, Malawi (then Nyasaland) used the Southern Rhodesian pound. In 1955, a new currency was introduced, the Rhodesia and Nyasaland pound. This was replaced by the Malawian pound in 1964, following Malawi's independence. The pound was subdivided into 20 shillings, each of 12 pence. The pound was replaced by the kwacha in 1971, at a rate of 2 kwacha = 1 pound. In 1964, coins were issued in copper-nickel and in the denominations of 6 pence, 1 shilling, 1 florin (2 shillings) and ½ crown (2½ shillings). All