New Brunswick dollar
Encyclopedia
The dollar was the currency of New Brunswick
between 1860 and 1867. It replaced the pound
at a rate of 4 dollars = 1 pound (5 shillings = 1 dollar) and was equal to the Canadian dollar
. The New Brunswick dollar was replaced by the Canadian dollar at par when New Brunswick entered the Canadian Confederation
.
issued notes, the Bank of New Brunswick
, the Central Bank of New Brunswick, the Commercial Bank of New Brunswick and the People's Bank of New Brunswick.Denominations issued were 1, 2, 3, 4, 5, 8, 10, 20, 50 and 100 dollars. The Commercial Bank's notes also bore the denominations in pounds and shillings. The Bank of New Brunswick and the People's Bank of New Brunswick continued to issue notes after Confederation, see Canadian chartered bank notes
.
New Brunswick
New Brunswick is one of Canada's three Maritime provinces and is the only province in the federation that is constitutionally bilingual . The provincial capital is Fredericton and Saint John is the most populous city. Greater Moncton is the largest Census Metropolitan Area...
between 1860 and 1867. It replaced the pound
New Brunswick pound
The pound was the currency of New Brunswick until 1860. It was subdivided into 20 shillings, each of 12 pence, with the dollar circulating at a value of 5 shillings .-History:...
at a rate of 4 dollars = 1 pound (5 shillings = 1 dollar) and was equal to the Canadian dollar
Canadian dollar
The Canadian dollar is the currency of Canada. As of 2007, the Canadian dollar is the 7th most traded currency in the world. It is abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies...
. The New Brunswick dollar was replaced by the Canadian dollar at par when New Brunswick entered the Canadian Confederation
Canadian Confederation
Canadian Confederation was the process by which the federal Dominion of Canada was formed on July 1, 1867. On that day, three British colonies were formed into four Canadian provinces...
.
Coins
Coins were issued between 1861 and 1864 in denominations of ½, 1, 5, 10 and 50 cent. The ½ and 1 cent were struck in bronze, the others in silver.Banknotes
Four chartered banksBanking in Canada
Banking in Canada is widely considered the most efficient and safest banking system in the world, ranking as the world's soundest banking system for the past three years according to reports by the World Economic Forum. Released at October 2010, Global Finance magazine put Royal Bank of Canada at...
issued notes, the Bank of New Brunswick
Bank of New Brunswick
The Bank of New Brunswick was established on March 25, 1820 in the pre-Confederation Province of New Brunswick, Canada as the first Canadian bank to operate under a charter. Headquartered in a new building on Prince William Street in Saint John in 1826, the neoclassical bank façade consisted of an...
, the Central Bank of New Brunswick, the Commercial Bank of New Brunswick and the People's Bank of New Brunswick.Denominations issued were 1, 2, 3, 4, 5, 8, 10, 20, 50 and 100 dollars. The Commercial Bank's notes also bore the denominations in pounds and shillings. The Bank of New Brunswick and the People's Bank of New Brunswick continued to issue notes after Confederation, see Canadian chartered bank notes
Canadian chartered bank notes
The Canadian chartered bank notes were paper money issued between 1817 and 1944 by private Canadian banks known as chartered banks.Notes were issued in a variety of different denominations, including 1, 2, 3, 4, 5, 10, 20, 25, 40, 50, 100, 500 and 1000 dollars. After 1871, the smallest denomination...
.