The dollar was the currency of

British Columbia British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, ...

between 1865 and 1871. It replaced the

British pound Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, an ...

at a rate of 1 pound per 4.866 dollars and was equivalent to the Canadian dollar, which replaced it. The dollar was subdivided into 100 cents. No distinct coins were issued, with

Canadian coins The coins of Canada are produced by the Royal Canadian Mint and denominated in Canadian dollars ($) and the subunit of dollars, cents (¢). An effigy of the reigning monarch always appears on the obverse of all coins. There are standard images wh ...

circulating. The dollar had already been adopted as the currency of the then-separate

Colony of Vancouver Island The Colony of Vancouver Island, officially known as the Island of Vancouver and its Dependencies, was a Crown colony of British North America from 1849 to 1866, after which it was united with the mainland to form the Colony of British Columbia ...

in 1863. It therefore became the currency of the united colony formed in 1866. This currency should not be confused with the ''100th Anniversary of the Accession of British Columbia'' large dollar minted in 1971.

Banknotes

Although the dollar was only adopted as the official currency of the colony in 1865, both Treasury and chartered bank notes were introduced in 1862, denominated in dollars. The Treasury notes were in denominations of 5, 10 and 25 dollars, whilst the banknotes, issued by the Bank of British Columbia, were in denominations of 1, 5, 20, 50 and 100 dollars.

References

External links

Currency Reforms
Currencies of Canada Modern obsolete currencies Pre-Confederation British Columbia 1865 establishments in Canada 1871 disestablishments in Canada Economy of British Columbia 19th century in Canada 19th-century economic history 1865 in Canada 19th century in British Columbia 1865 in British Columbia {{BritishColumbia-stub