Historical Timeline

The Evolution of British Currency

Journey through centuries of monetary history, from medieval sterling to modern polymer notes

Decimalisation
Modern Era

1971

Decimalisation

On 15 February 1971, the UK decimalized its currency. The old system of pounds, shillings, and pence was replaced with 100 new pence to the pound.

Timeline Navigation

Key Milestones in UK Currency

1971 - Decimal Day

The most significant change in British currency in over 1,000 years

2016 - Polymer Era

Introduction of plastic banknotes for enhanced security and durability

2023 - New Reign

First portrait change in 70 years with King Charles III