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Jamaican Pound
The pound was the official currency of Jamaica between 1840 and 1969. It circulated as a mixture of Pound sterling, sterling coinage and locally issued coins and banknotes and was always equal to the pound sterling. The Jamaican pound was also used in the Cayman Islands, Cayman and Turks and Caicos Islands. History The history of currency in Jamaica should be considered in the wider picture of the currencies of the British West Indies. Jamaica was the only British West Indies territory to use special regional issues of the Pound sterling, sterling coinage. The earliest money used in Jamaica was the Spain, Spanish copper ''maravedí''. For nearly four hundred years Spanish dollars, known as pieces of eight, were in widespread use on the world's trading routes, including the Caribbean Sea region. However, following the revolutionary wars in Latin America, the source of these silver trade coins dried up. The last Spanish dollar was minted at the Potosi, Trelawny, Jamaica, Potosi ...
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Jamaica
Jamaica is an island country in the Caribbean Sea and the West Indies. At , it is the third-largest island—after Cuba and Hispaniola—of the Greater Antilles and the Caribbean. Jamaica lies about south of Cuba, west of Hispaniola (the island containing Haiti and the Dominican Republic), and southeast of the Cayman Islands (a British Overseas Territories, British Overseas Territory). With million people, Jamaica is the third most populous English-speaking world, Anglophone country in the Americas and the fourth most populous country in the Caribbean. Kingston, Jamaica, Kingston is the country's capital and largest city. The indigenous Taíno peoples of the island gradually came under Spanish Empire, Spanish rule after the arrival of Christopher Columbus in 1494. Many of the indigenous people either were killed or died of diseases, after which the Spanish brought large numbers of Africans to Jamaica as slaves. The island remained a possession of Spain, under the name Colo ...
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Maravedí
The ''maravedí'' () or ''maravedi'' (), deriving from the Almoravid dinar (), was the name of various Iberian coins of gold and then silver between the 11th and 14th centuries, and the name of different Iberian accounting units between the 11th and 19th centuries. Etymology The word ''maravedí'' comes from ''marabet'' or ''marabotin'', a variety of the gold dinar struck in al-Andalus by, and named after, the Almoravid dynasty ( sing. ''Murābit''). The Spanish word ''maravedí'' is unusual in having three documented plural forms: ''maravedís'', ''maravedíes'' and ''maravedises''. The first one is the most straightforward, the second is a variant plural formation found commonly in words ending with a stressed -í, whereas the third is the most unusual and the least recommended (Royal Spanish Academy's '' Diccionario panhispánico de dudas'' labels it "vulgar in appearance"). Minting During the Middle Ages, the maravedí was minted in various denominations and materials, wi ...
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Parliament Of The United Kingdom
The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative body of the United Kingdom, and may also legislate for the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster in London. Parliament possesses legislative supremacy and thereby holds ultimate power over all other political bodies in the United Kingdom and the Overseas Territories. While Parliament is bicameral, it has three parts: the sovereign, the House of Lords, and the House of Commons. The three parts acting together to legislate may be described as the King-in-Parliament. The Crown normally acts on the advice of the prime minister, and the powers of the House of Lords are limited to only delaying legislation. The House of Commons is the elected lower chamber of Parliament, with elections to 650 single-member constituencies held at least every five years under the first-past-the-post system. By constitutional conventi ...
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1860ca 6d Jamaica Yv5
Year 186 ( CLXXXVI) was a common year starting on Saturday of the Julian calendar. At the time, it was known as the Year of the Consulship of Aurelius and Glabrio (or, less frequently, year 939 ''Ab urbe condita''). The denomination 186 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Peasants in Gaul stage an anti-tax uprising under Maternus. * Roman governor Pertinax escapes an assassination attempt, by British usurpers. New Zealand * The Hatepe volcanic eruption extends Lake Taupō and makes skies red across the world. However, recent radiocarbon dating by R. Sparks has put the date at 233 AD ± 13 (95% confidence). Births * Ma Liang, Chinese official of the Shu Han state (d. 222) Deaths * April 21 – Apollonius the Apologist, Christian martyr * Bian Zhang, Chinese official and general (b. 133) * Paccia Marciana, Roman n ...
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Jamaica 1871 - Half Penny, Victoria
Jamaica is an island country in the Caribbean Sea and the West Indies. At , it is the third-largest island—after Cuba and Hispaniola—of the Greater Antilles and the Caribbean. Jamaica lies about south of Cuba, west of Hispaniola (the island containing Haiti and the Dominican Republic), and southeast of the Cayman Islands (a British Overseas Territories, British Overseas Territory). With million people, Jamaica is the third most populous English-speaking world, Anglophone country in the Americas and the fourth most populous country in the Caribbean. Kingston, Jamaica, Kingston is the country's capital and largest city. The indigenous Taíno peoples of the island gradually came under Spanish Empire, Spanish rule after the arrival of Christopher Columbus in 1494. Many of the indigenous people either were killed or died of diseases, after which the Spanish brought large numbers of Africans to Jamaica as slaves. The island remained a possession of Spain, under the name Colo ...
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Silver
Silver is a chemical element; it has Symbol (chemistry), symbol Ag () and atomic number 47. A soft, whitish-gray, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. Silver is found in the Earth's crust in the pure, free elemental form ("native metal, native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in currency and as an in ...
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Bank Of Nova Scotia
The Bank of Nova Scotia (), operating as Scotiabank (), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third-largest Canadian bank by deposits and market capitalization. In 2023, the company's seat in Forbes Global 2000 was 88. It serves more than 25 million customers around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With more than 89,000 employees and assets of CA$1,399 billion as of April 30, 2024 (according to Q2-2024 Report to Shareholders), Scotiabank trades on the Toronto () and New York () exchanges. The Scotiabank swift code is NOSCCATT and the institution number is 002. Scotiabank was founded in 1832 in Halifax, Nova Scotia, where it was headquartered until relocating to Toronto in 1900. Scotiabank has billed itself as "Canada's most international bank" due to its acq ...
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Bermuda
Bermuda is a British Overseas Territories, British Overseas Territory in the Atlantic Ocean, North Atlantic Ocean. The closest land outside the territory is in the American state of North Carolina, about to the west-northwest. Bermuda is an archipelago consisting of List of islands of Bermuda, 181 islands, although the most significant islands are connected by bridges and appear to form one landmass. It has a land area of . Bermuda has a tropical climate, with warm winters and hot summers. Its climate also exhibits Oceanic climate, oceanic features similar to other coastal areas in the Northern Hemisphere with warm, moist air from the ocean ensuring relatively high humidity and stabilising temperatures. Bermuda is prone to severe weather from Westerlies#Interaction with tropical cyclones, recurving tropical cyclones; however, it receives some protection from a coral reef and its position north of the Main Development Region, which limits the direction and severity of approach ...
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British Honduras
British Honduras was a Crown colony on the east coast of Central America — specifically located on the southern edge of the Yucatan Peninsula from 1783 to 1964, then a self-governing colony — renamed Belize from June 1973CARICOM – Member Country Profile – BELIZE
, Caribbean Community. Accessed 23 June 2015.
until September 1981, when it gained full independence as Belize. British Honduras was the last continental possession of the United Kingdom in the Americas. The colony grew out of the Treaty of Versailles (1783) between Britain and Spain, which gave the British rights to cut logwood between the Hondo River (Belize), Hondo and Belize River, Belize rivers. The Convention of London (1786) expanded this concession to include the area between the Belize and Sibun River, Sibun rivers. ...
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Gresham's Law
In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. The law was named in 1857 by economist Henry Dunning Macleod after Sir Thomas Gresham (1519–1579), an English financier during the Tudor dynasty. Gresham had urged Queen Elizabeth to restore confidence in then- debased English currency. The concept was thoroughly defined in Renaissance Europe by Nicolaus Copernicus and known centuries earlier in classical Antiquity, the Near East, and China. "Good money" and "bad money" Under Gresham's law, "good money" is money that shows little difference between its nominal value (the face value of the coin) and its commodity value (the value of the metal of which it is made, often precious metals, such as gold or silver). The price spread betwe ...
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Gold Standard
A gold standard is a backed currency, monetary system in which the standard economics, economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the w ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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