Time Period: 1860-1882
Timeline
- 17.11.1862
- Law [Currency Act, Cap. 63 (25 Vict)] on the adoption of the decimal currency system for Vancouver Island; effective 01.01.1863. Adapted ratings:
- Gold: 1 British Sovereign at 4.85 Vancouver Dollars; 10 US Dollars (1837) at 10 Vancouver Dollars
- 28.11.1862
- Start of issuance of paper money by the Bank of British Columbia (Victoria, Vancouver Island)
- around 1862
- Planned issuance of gold coins of 20, 10 Dollars (possibly referring to US currency); not implemented, only a few trial strikes were produced
- around 1862
- Planned issuance of treasury (possibly referring to US currency); not implemented, only a few trial prints were produced
- 04.03.1865
- Ordinance [Decimal Currency, Cap. 8 (28 Vict)] on the adoption of the decimal currency system for British Columbia; effective 01.01.1866. Adapted ratings:
- Gold: 1 British Sovereign at 4.85 British Columbia Dollars; 10 US Dollars (1837) at 10 British Columbia Dollars
- Silver: British Crown of 5 Shillings at 1.25 British Columbia Dollars; 1 US Dollar at 1 British Columbia Dollars.
- 21.03.1881
- Canadian law [Cap. 4 (44 Vict)] on the adoption of the Canadian Dollar at a rate of 1 Canadian Dollar = 1 British Columbia Dollar; effective 01.07.1881
Valuation Regimes
- 1860-1871
- Fixed rate against British Pound
Rate Arrangements
- 01.01.1863
- Fixed
- British Pound at 1 : 4.85 - [Gold parity] 1'509.77mg AU fine
- -
- British Columbia and Vancouver Island (Canada)
- CA