Newfoundland dollar

From Wikipedia, the free encyclopedia

Newfoundland dollar
$1 $2
$1 $2
ISO 4217 Code NFD
User(s) Newfoundland
Subunit
1/100 cent
Symbol $ or NF$
cent ¢
Coins 1¢, 5¢, 10¢, 20¢, 25¢, 50¢, $2
Banknotes 25¢, 40¢, 50¢, 80¢, $1, $2, $5, $10, $20, $50, $100
Central bank Department of Finance and Customs

The dollar was the currency of the colony and Dominion of Newfoundland from 1865 until 1949, when Newfoundland became a province of Canada. It was subdivided into 100 cents.

The dollar replaced the British pound at a rate of 1 dollar = 50 pence. In 1895, the value of the Newfoundland dollar was adjusted to set it equal to the Canadian dollar. The Newfoundland dollar was replaced by the Canadian dollar at par when Newfoundland joined Canada.

Coins were issued in bronze, silver and gold, with the only gold denomination being a two-dollar coin also denominated as "Two Hundred Cents" and "One Hundred Pence". Bank notes were issued by the Department of Public Works and the Treasury.

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