Difference between revisions of "Guinea"

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The '''guinea''' is a unit of currency equal to 21 [[shilling]]s (a [[pound]] is 20 shillings). This can also be expressed as 252 [[pence]], or in decimal form, 105 [[new pence]]. It is equal to £1.05. Some traditional payments, such as horse racing prizes, are still expressed in guineas rather than pounds.
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The '''guinea''' was a unit of currency equal to 21 [[shilling]]s (a [[pound]] was 20 shillings). This could also be expressed as 252 old [[pence]], or in decimal form, 105 [[new pence]] (£1.05). Some traditional payments, such as horse racing prizes, are still expressed in guineas rather than pounds.
  
 
[[Category:Currency]]
 
[[Category:Currency]]

Revision as of 11:31, March 19, 2008

The guinea was a unit of currency equal to 21 shillings (a pound was 20 shillings). This could also be expressed as 252 old pence, or in decimal form, 105 new pence (£1.05). Some traditional payments, such as horse racing prizes, are still expressed in guineas rather than pounds.

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