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Encyclopedia > British West Indies dollar

The British West Indies dollar ("BWI$") was the currency of the various British West Indies territories from 1935 and, later, of the unitary West Indies Federation. The monetary policy of the currency was overseen by the British Caribbean Currency Board (BCCB). Roadtown, Tortola The term British West Indies refers to territories in and around the Caribbean which were colonised by Great Britain. ... Motto: To dwell together in unity Anthem: God Save the Queen Capital Chaguaramas Language(s) English Government Constitutional monarchy Queen Elizabeth II Governor-General Lord Hailes Prime minister Grantley Herbert Adams¹ History  - Established January 3, 1958  - Disestablished May 31, 1962 Area  - 1960 20,253 km2 7,820 sq mi Population...


History

The BWI$ was adopted in 1935. It was one of the many experimental political and economic ventures tested by the British government to form a uniform system within their British West Indies territories. The official ISO-4217-Code: of the currency was XBWD. However, it was often written as "BWI$" for short and verbally called the "Beewee" (slang for 'British West Indies') dollar. 1935 (MCMXXXV) was a common year starting on Tuesday (link will take you to calendar). ... Roadtown, Tortola The term British West Indies refers to territories in and around the Caribbean which were colonised by Great Britain. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...


The BWI$ was introduced at the rate of $4.80 per Pound sterling or $1 = 4 shillings 2 pence. Until 1955, it existed only as banknotes and without subdivisions. British coins circulated alongside the BWI$. Coins were introduced in 1955, denominated in cents, with each cent was worth one halfpenny in sterling United States one-dollar bill Canadian one-dollar coin (Loonie) One New Taiwan dollar Australian one-dollar coin 500 old Zimbabwean dollars The dollar (represented by the dollar sign: $ which comprises a single vertical line through a capital S) is the name of the official currency in several countries, dependencies... ISO 4217 Code GBP User(s) United Kingdom Inflation 2. ... The shilling was a British coin first issued in 1548 for Henry VIII, although arguably the testoon issued about 1487 for Henry VII was the first shilling. ... A variety of low value coins, including an Irish 2p piece and many U.S. pennies. ...


In 1964 Trinidad and Tobago withdrew from the currency union (adopting the Trinidad and Tobago dollar) and soon the "BWI$" dollar lost its regional support and was replaced in 1965 by the East Caribbean dollar (with Guyana withdrawing from that currency union in 1966 to use the Guyanese dollar). 1964 (MCMLXIV) was a leap year starting on Wednesday (the link is to a full 1964 calendar). ... The dollar (ISO 4217 code: TTD; also TT$) is the currency of Trinidad and Tobago. ... 1965 (MCMLXV) was a common year starting on Friday (the link is to a full 1965 calendar). ... The East Caribbean dollar (currency code XCD) is the currency of eight members of the Organisation of Eastern Caribbean States. ... 1966 (MCMLXVI) was a common year starting on Saturday (the link is to a full 1966 calendar). ... The dollar (currency code GYD) has been the currency of Guyana since 1966. ...


Coins

Coins were introduced in 1955 in denominations of ½, 1, 2, 5, 10, 25 and 50 cents.


Banknotes

The first BWI$ banknotes were issued by local banks and only in 1950 were the first issues made for all the participating colonies, in the name of the "British Caribbean Territories, Eastern Group". These were in denominations of 1, 2, 5, 10, 20 and 100 dollars. These notes replaced all local issues in 1951. The 1950-1951 issues bore the portrait of King George VI, with those between 1953 and 1964 bearing that of Queen Elizabeth II. George VI (Albert Frederick Arthur George) (December 14, 1895 - February 6, 1952) was the third British monarch of the House of Windsor, reigning from December 11, 1936 to February 6, 1952. ... Elizabeth II in an official portrait as Queen of Canada (on the occasion of her Golden Jubilee in 2002, wearing the Sovereigns badges of the Order of Canada and the Order of Military Merit) Her Majesty Queen Elizabeth II (Elizabeth Alexandra Mary) (born 21 April 1926), styled HM The...


 
 

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