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The pound was the currency of several British Caribbean territories until 1949 when it was generally replaced by the
West Indian dollar The British West Indies dollar (BWI$) was the currency of British Guiana and the Eastern Caribbean territories of the British West Indies from 1949 to 1965, when it was largely replaced by the East Caribbean dollar, and was one of the currencies ...
. It was equivalent to sterling and was divided into 20
shillings The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or ...
, each of 12
pence A penny is a coin ( pennies) or a unit of currency (pl. pence) in various countries. Borrowed from the Carolingian denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. Presently, it is th ...
.


See also

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Sterling Area The sterling area (or sterling bloc, legally scheduled territories) was a group of countries that either pegged their currencies to sterling, or actually used sterling as their own currency. The area began to appear informally during the ear ...


References


Early history of money in the British West Indies
Central Bank of Barbados The Central Bank of Barbados (CBB) is the national monetary authority responsible for providing advice to the Government of Barbados on banking and other financial and monetary matters. The Central Bank of Barbados, was established by Act of pa ...
Modern obsolete currencies 1949 disestablishments Currencies of Trinidad and Tobago Currencies of the Caribbean {{Caribbean-stub