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The pound was the currency of
The pound was the currency of Delaware
Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Del ...
until 1793. Initially, sterling coin circulated along with foreign currencies. This was supplemented by local paper money from 1723. Although the local currency was denominated in £sd
£sd (occasionally written Lsd, spoken as "pounds, shillings and pence" or pronounced ) is the popular name for the pre-decimal currencies once common throughout Europe, especially in the British Isles and hence in several countries of the B ...
, it was worth less than sterling, with 1 Delaware shilling = 9 pence sterling.
The State of Delaware issued Continental currency
Early American currency went through several stages of development during the colonial and post-Revolutionary history of the United States. John Hull was authorized by the Massachusetts legislature to make the earliest coinage of the colony (the ...
denominated in £sd and Spanish dollar
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content ...
s, with the dollar equal to 7 shillings and 6 pence. The Continental currency was replaced by the U.S. dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
at the rate of 1000 continental dollars = 1 U.S. dollar.
Historical currencies of the United States
1793 disestablishments in the United States
Pre-statehood history of Delaware
Economy of Delaware
{{Delaware-stub