PPRuNe Forums - View Single Post - Gaining An R.A.F Pilots Brevet In WW II
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Old 20th Feb 2014, 21:03
  #5198 (permalink)  
Union Jack
 
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Australia and South Africe went for 10 shillings as the datum for the new Dollar or Rand. It was easy, really, as all the existing coins but the penny were a decimal ranging from 5% to 25%. It also got them out of the Sterling Area so they were in control of their own currency.

Interesting, considering that today's tourist exchange rate for £1 is $A1.86 and RSA18.6 with the former exceeding the latter by a factor of 10.

Jack
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