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Such integrated Hong-kong away from 1863 so you can 1866; Cyprus of 1955 up until 1960 (and you can proceeded on the island since the department of one’s Cypriot lb up to 1983); and the Palestine Mandate out of 1926 up to 1948. Although not, sterling is decimalised in almost any United kingdom colonial territories before the United Empire (as well as in numerous times relative to William Brown’s proposal one the brand new lb end up being split up into 1,100000 pieces, entitled mils). Up to decimalisation, amounts inside the sterling was expressed within the lbs, shillings, and you can pence, with various generally knew notations. During the summer 1966, to the value of the new pound losing from the stock market, replace controls was fasten by the Wilson authorities. Inside 1961, 1964, and 1966, sterling appeared under renewed tension, as the speculators have been attempting to sell pounds to own cash.
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