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New Brunswick dollar

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New Brunswick dollar
New Brunswick dollar (Canadian English)
Unit
Symbol$
Denominations
Subunit
1100cent
Banknotes1, 2, 3, 4, 5, 8, 10, 20, 50, 100 dollars
Coins½, 1, 5, 10, 20 cents
Demographics
Date of introduction1860
ReplacedNew Brunswick pound
Date of withdrawal1867
Replaced byCanadian dollar
User(s) New Brunswick
Valuation
ValueNB$1 = CA$1

The dollar was the currency of New Brunswick between 1860 and 1867. It replaced the pound at a rate of 4 dollars = 1 pound (5 shillings = 1 dollar) and was equal to the Canadian dollar. The New Brunswick dollar was replaced by the Canadian dollar at par when New Brunswick entered the Canadian Confederation.

Coins

Coins were issued between 1861 and 1864 in denominations of ½, 1, 5, 10 and 20 cent. The ½ and 1 cent were struck in bronze, the others in silver.

Banknotes

Four chartered banks issued notes, the Bank of New Brunswick, the Central Bank of New Brunswick, the Commercial Bank of New Brunswick and the People's Bank of New Brunswick. Denominations issued were 1, 2, 3, 4, 5, 8, 10, 20, 50 and 100 dollars. The Commercial Bank's notes also bore the denominations in pounds and shillings. The Bank of New Brunswick and the People's Bank of New Brunswick continued to issue notes after Confederation, see Canadian chartered bank notes.

See also

References

  • Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
  • Pick, Albert (1990). Standard Catalog of World Paper Money: Specialized Issues. Colin R. Bruce II and Neil Shafer (editors) (6th ed.). Krause Publications. ISBN 0-87341-149-8.