Unit | |
---|---|
Symbol | $ |
Denominations | |
Subunit | |
1⁄100 | cent |
Symbol | |
cent | ¢ |
Banknotes |
|
Coins |
|
Demographics | |
Replaced | Nova Scotian pound |
Replaced by | Canadian dollar |
User(s) | Newfoundland |
Valuation | |
Pegged with | CA$1=$1.02774922919 |
This infobox shows the latest status before this currency was rendered obsolete. |
The dollar was the currency of Nova Scotia between 1860 and 1871.[1] It replaced the Nova Scotian pound at a rate of 5 dollars = 1 pound (1 dollar = 4 shillings) and was consequently worth less than the Canadian dollar (worth 4s 1.3d). The Nova Scotian dollar was replaced by the Canadian dollar at a rate of 73 Canadian cents = 75 Nova Scotian cents,[2] thus maintaining the difference between the two currencies established in 1860.