Time Period: 1763-1852

Timeline

  • xx.xx.1786
  • Law [Cap. 16 (26 Geo III)] (undated) on the rating of foreign coins in the accounting currency; effective immediately:
    - Silver: English Crown of 5 Shillings at 66 Pennies; Spanish Dollar (8 Spanish Reals) at 60 Pennies; French Crown of 6 Livres at 66 Pennies
    - Gold: English Guinea at 23⅓ Shillings; ½ Portuguese Doubloon (3'200 Portuguese Reals) at 40 Shillings.
  • 05.03.1805
  • Law [Cap. 4 (45 Geo III)] on the rating of additional foreign gold coins in the accounting currency; effective immediately:
    - Gold: English Guinea at 23⅓ Shillings; Portuguese Doubloon (6'400 Portuguese Reals) at 80 Shillings; Spanish Doubloon (8 Spanish Escudos) at 74 Shillings; French Louis of 24 Livres (1793) at 18 Shillings; 10 US Dollars at 50 Shillings.
  • 02.12.1842
  • Resolution of the provincial government on the issuance of copper tokens of 1, ½ Penny of the accounting currency; was not approved by the colonial authority, but issuance began in July 1843
  • 13.04.1844
  • Law [Cap. 29 (7 Vict)] on the rating of foreign coins in the accounting currency; effective immediately:
    - Gold: British Sovereign at 24 Shillings
    - Silver: British Crown of 5 Shilling at 72 Pennies.


Time Period: 1852-1871

Currency: New Brunswick Dollar


Timeline

  • 07.04.1852
  • Law [Cap. 85 (15 Vict)] on the adoption of the decimal currency system based on the New Brunswick Dollar of 5 Shillings and value reduction against the British Pound (from 24 to 24⅓ New Brunswick Shillings); effective 30.06.1852. Adapted ratings:
    - Silver: 1 US Dollar at 1 New Brunswick Dollar
    - Gold: 1 British Sovereign at 4.86⅔ New Brunswick Dollars; 10 US Dollars (1792) at 10.667 New Brunswick Dollars; 10 US Dollars (1834) at 10 New Brunswick Dollars.
  • 18.12.1852
  • Resolution of the provincial government on the issuance of copper tokens of 1, ½ Penny of the accounting currency; was not approved by the colonial authority, but issuance began in June 1853
  • 09.04.1860
  • Law [Cap. 48 (23 Vict)] on the mandatory use of the decimal currency system; effective 01.11.1860
  • around 1861
  • Start of issuance of subsidiary coins of 20, 10, 5, 1 Cents, the 1843 and 1853 tokens remained in circulation as 4, 2 Cents
  • 14.04.1871
  • Canadian law [Uniform Currency Act, Cap 4 (34 Vict)] on the adoption of the Canadian Dollar at a rate of 1 Canadian Dollar = 1 New Brunswick Dollar; effective 30.06.1871

Valuation Regimes

  • 1852-1871
  • Fixed rate against British Pound

Rate Arrangements

  • 30.06.1852
  • Fixed
  • British Pound at 1 : 4.867 - [Gold parity] 1'504.60mg AU fine
  • -1.4%