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Fifty Years Ago

(57 Posts)
mrsmopp Wed 10-Feb-21 18:38:14

It was fifty years ago on 15th February 1971, that we lost our pounds, shillings and pence and converted to decimal currency. It took some getting used to as prices rose sharply and we struggled to get used to what we called ‘funny money’,
Was it to bring us into line with Europe? It’s hard to credit now that the pound was 240 pennies and in future it would be worth 100 pence. Remember?

grandtanteJE65 Sat 13-Feb-21 11:15:08

Exactly JackyB and they all look the same unless I put my reading glasses on!

I had left school when British money was changed and didn't really find the conversion all that difficult, but then we had travelled a lot and I was used to foreign currency that used the metric system.

Larsonsmum Sat 13-Feb-21 11:08:07

Remember it well as a 13 year old. No issues with converting to Decimal coinage for me. However, I still work in inches, feet and yards, pints and miles!

trisher Sat 13-Feb-21 11:04:08

Espee and Witzend The quick way of doing that mentally would be to roundthe 43/4 up to 5, 5x12 is 60 then subtract the 12 farthings=3d answer 57d or 4s9d
Children are supposed to be taught shortcuts when doing mental arithmetic like rounding up or down.

rockgran Sat 13-Feb-21 10:17:08

....on reflection ..no it was only 12 and half pence!

rockgran Sat 13-Feb-21 10:16:12

In the 1950s half crowns seemed worth a fortune. I remember when I was about 7 my grandad pressed a coin into my hand and said "here's a penny for you" and it was actually half a crown. I pointed out his 'mistake' but he just smiled. Oh the heady delight of instant wealth! 25p just doesn't seem the same.

Witzend Sat 13-Feb-21 10:08:01

It was only the ‘dozens’ I ever sussed out, @Esspee. 12 pennies in a shilling, so 12 x fourpence would be be 4 shillings. And three farthings were 3/4 of a penny, so multiplied by twelve, 3/4 of a shilling, which = ninepence.
Phew!

I was pretty hopeless at maths in general - it took me 2 goes to pass O level, and still only got an E.

Esspee Sat 13-Feb-21 10:00:28

Witzend, I have had a try at long distance home schooling my grandchildren and found it extremely stressful. Please can you teach me an easy way to do mental arithmetic. ??

Witzend Sat 13-Feb-21 09:48:02

They said decimal currency would make children better at maths, since they wouldn’t have to waste time on money sums.
Whether this turned out to be the case I don’t know, but somehow I doubt it.

Who else remembers mental arithmetic tests featuring questions like ‘a dozen articles at fourpence three-farthings?’
I remember being so relieved when I realised that there was a very easy way to do them in your head.

Kalu Sat 13-Feb-21 09:20:26

I was 21 when we changed to decimal and still remember people asking, how much is that in real money?

growstuff Sat 13-Feb-21 09:12:52

I did O levels in 1971. We were the first year to have our Maths exam set using "new" currency.

WW010 Sat 13-Feb-21 09:07:09

Urmstongran

I can’t work out how big or small a new born baby is in kgs! I need to know in lbs. and ounces.

We still drive at miles per hour. Some people still like to know the weather in Fahrenheit. I can visualise someone who measures 5’ 10” but not if it were in metres and centimetres.

We’re a bit mix & match really aren’t we? Neither one thing nor the other.

Very true. And for many years fabric was still sold in yards. I worked on a market stall in my teens measuring - and calculating cost of - “yard and 7/8ths please love”. Even now when buying fabric I calculate in yards then convert.

Esspee Sat 13-Feb-21 09:01:40

I was delighted. Maths was never my strong point.

annodomini Fri 12-Feb-21 23:23:14

On that day in 1971, the first cheque I signed in the new system was for DS1's nappies. He duly arrived two months later, so will be 50 in April.

Lexisgranny Fri 12-Feb-21 22:48:53

After 50 years I still think “I must be mad paying 10 Bob for that!”.

M0nica Fri 12-Feb-21 22:40:11

In the mid 1980s, a work colleague was having to cope with a mother who when decimal currency came in, just told her DH that she didn't understand it and that he would have to deal with all money handling fromthen on, which he did, she did not even have a purse.

Then in 1982 her DH died and she was living alone, still had no idea how the 'new' currency worked, hadn't handled money for over 20 years and he was rushing from Reading to Yorkshire every weekend to do her shopping, setting up accounts where ever he could, so that she could continue to live without having to come to grips wth this currency she had decided she did not understand.

Kim19 Fri 12-Feb-21 00:16:42

I seem to remember the transition as going surprisingly smoothly. Mind you, I was a boring number cruncher so maybe I actually enjoyed it. I do however remember feeling decidedly ripped off when buying various products. I daresay many people were deliberately cheated by opportunists.

Elrel Fri 12-Feb-21 00:10:03

My granny, in her 80s, was sure she’d never get on with the new money. Then the Midlands tv news featured a Twycross Zoo chimpanzee which could sort the coins. Granny went very quiet and soon got on fine with the new system!

mokryna Thu 11-Feb-21 23:28:38

I still have to think a bit longer than I would like when asked my height in mètres. However, no problem with my weight, as I see it daily when I stand on the scales. Shame it doesn’t convert into the same amount of stones there were in 71.

NannyJan53 Thu 11-Feb-21 15:06:20

I too worked in a Bank (TSB). I remember we had to work overtime the weekend before to be prepared.

I remember seeing an older lady being interviewed on the Midlands local news, asking how she felt about the new money. She said "they should have waited till all us old folk had died"' smile

I found it much easier counting money in 2 columns rather than 3!

Chestnut Thu 11-Feb-21 12:02:50

Apart from the money we have never gone fully decimal. We still keep our British ways and use the old weights and measurements, but what annoys me is that we seem to be expected to use both which is ridiculous.

Jane43 Thu 11-Feb-21 12:02:24

I was 27 with two little boys of 4 and 2 to look after. I do remember having to mentally switch back to ‘old money’ for quite a while ti get an idea of what everything cost and I remember everybody used the term ‘new pence’ for quite a while afterwards.

Calendargirl Thu 11-Feb-21 11:58:40

I was another bank clerk. We had to do role plays with each other before the great day, pretending to be either cashier or customer.

When D Day actually arrived, it was a bit of a let down as the customers stayed away, we were far less busy than usual.

I remember that customers were supposed to bring in their ‘old’ money in certain proportions, i.e. 12 old pennies, not an odd number. Our local undertaker was an awkward old beggar, he came in with bits and bobs and the chief clerk was too scared to challenge him, so we had to root round our tills for any oddments to get the right amount for him.

timetogo2016 Thu 11-Feb-21 11:56:40

I was 11yo and i didn`t like it but would find it hard to go back.
And i remember my dm saying everythings gone up .

trisher Thu 11-Feb-21 11:54:28

I was teaching- so much easier than £.s.d. I had a conversation with my GD the other day by WhatsApp she tested my times tables and then I chatted about some of the maths we never use now- 12 was a dozen 144 was a gross. Then I told her about old money remembering florins, half-crowns and when £1 was a paper note. She thought it was hilarious!

Georgesgran Thu 11-Feb-21 11:46:39

I’m still in pounds and ounces too - or else I just ask for 4 or 6 of what I want to be weighed. I think ‘old money’ had more character - always 2 half crowns in the 60’s for my school dinner money - never anything else. Pocket money was the same and 1 half crown bought 6 Post Office savings stamps, from a lady who called every Friday night. I had £6 by Christmas to get family presents. Good memories.