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Virginia pound

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The pound was the currency of Virginia until 1793. Initially, the British pound circulated, supplemented from 1755 by local paper money. Although these notes were denominated in pounds, shillings and pence, they were worth less than sterling, with 1 Virginia shilling = 9 pence.

The State of Virginia issued Continental currency denominated in £sd and Spanish dollars, with 1 dollar = 6 shillings. The continental currency was replaced by the U.S. dollar at a rate of 1000 continental dollars = 1 U.S. dollar.

 


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