Maryland pound

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The pound was the currency of Maryland until 1793. Initially, the British pound circulated . From 1733, this was supplemented by paper money, known as "Proclamation Money". Although this was denominated in pounds, shillings and pence, they were worth less than sterling, with 1 Maryland shilling = 9 pence sterling. A second "New" issue of notes was introduced in 1751, replacing the earlier notes at a rate of 1 New shilling = 1¼ Proclamation shillings.

The first issues of Continental currency in Maryland was denominated in £sd and Spanish dollars at a rate of 1 dollar = 4 shillings 6 pence. In 1780, two types of continental currency were issued, one valuing the Spanish dollar at 4 shillings 6 pence (printed in red ink and known as "Red Money"), the other (printed in black ink and known as "Black Money") valuing the Spanish dollar at 7 shillings 6 pence.

The continental currency was replaced by the U.S. dollar at the rate of 1000 continental dollars = 1 U.S. dollar.

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