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The dollar was the currency of Prince Edward Island between 1871 and 1873. It replaced the pound at a rate of 1 pound = 4.866 dollars and was equivalent to the Canadian dollar, which replaced it in 1873. The dollar was subdivided into 100 cents.
Only one type of coin was struck for the Prince Edward Island dollar, a bronze 1 cent piece issued in 1871.
[edit] Banknotes
In 1872, Treasury notes were issued in denominations of 10 and 20 dollars. The same year, two chartered banks, the Bank of Prince Edward Island and the Union Bank of Prince Edward Island began issuing dollar notes in denominations of 1, 2, 5, 10 and 20 dollars. The private banks went on to issue notes in Canadian dollars, the first of which were earlier notes with "Canadian Currency" overstamped on them.
[edit] See also
[edit] References
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Currencies named dollar or similar |
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| Circulating |
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| Circulating, formerly a.k.a. dollar |
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| Obsolete |
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| Obsolete, a.k.a. dollar |
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| Conceptual |
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| Virtual |
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| Fictional |
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| Private |
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