This rated the Spanish dollar at 6 Connecticut shillings (compared to 4 shillings 6 pence sterling).

Its value depreciated over the next eight years and was then pegged at two shillings four pence sterling in 1906.

To effect this, the British gold sovereign was for the first time declared legal tender, and the Straits dollar was given an arbitrary value of two shillings and four pence sterling.

For this refection he pays ten cents., or five pence sterling (0 pounds, 0s.

The penny is one hundredth fraction of a pound: one hundred pence sterling is one pound sterling.

The Massachusetts shilling was initially worth 9 pence sterling.

This meant that the Macau pataca was worth only 1 shilling sterling and was therefore at a discount of 3 pence sterling in relation to the Hong Kong unit.

Stocks are often traded in pence, so traders may refer to pence sterling, GBX (sometimes GBp), when listing stock prices.

The Indian rupee at that time was pegged to the pound sterling at a fixed value of one shilling and six pence sterling.

These pounds were worth 13 shillings 4 pence sterling and the notes also carried the denomination in sterling (3s 4d, 6s 8d, 13s 4d, £1 6s 8d and £3 6s 8d).