New Jersey pound
The pound was the currency of New Jersey until 1793. Initially, the British pound and some foreign currencies circulated, supplemented from 1709 by local paper money. However, although the notes were denominated in pounds, shillings and pence, they were worth less than sterling, with 1 New Jersey shilling = 9 pence sterling. In 1746, the New Jersey currency was pegged to silver at a rate of £1 pound = 2 troy oz 18 dwt 8 gr (1,400 grains / 90.7 grams) of silver.
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New Jersey pound
The pound was the currency of New Jersey until 1793. Initially, the British pound and some foreign currencies circulated, supplemented from 1709 by local paper money. However, although the notes were denominated in pounds, shillings and pence, they were worth less than sterling, with 1 New Jersey shilling = 9 pence sterling. In 1746, the New Jersey currency was pegged to silver at a rate of £1 pound = 2 troy oz 18 dwt 8 gr (1,400 grains / 90.7 grams) of silver.
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The pound was the currency of ...... of $1,000 continental = US$1.
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706,172,065
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The pound was the currency of ...... rains / 90.7 grams) of silver.
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New Jersey pound
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