Timeline

• 20.09.1834
• Law [Treasury Notes Act, Cap. 3 (5 Will IV)] on the issuance of treasury notes; effective immediately
• 25.10.1838
• Law [Cap. 9 (2 Vict)] on the rating of the Spanish Dollar (8 Spanish Reals) 52 Pence Sterling; effective immediately
• 22.04.1845
• Resolution of the provincial government on the rating of foreign coins in the accounting currency; effective immediately
  - Gold: British Sovereign at 24 Shillings; Spanish Doubloon (8 Spanish Escudos) at 76⅘ Shillings
  - Silver: British Shilling at 14⅖ Pennies; Spanish Dollar (8 Spanish Reals) at 60 Pennies.
• 30.04.1850
• Law [Treasury Notes Act, Cap. 4 (13 Vict)] on the issuance of treasury notes; effective immediately
• 31.05.1851
• Law [Treasury Notes Act, Cap. 5 (14 Vict)] on the issuance of treasury notes; effective immediately
• 31.05.1851
• Law [Cap. 11 (14 Vict)] on the issuance of copper tokens of 1, ½ Penny (to supersede the circulating merchants' tokens); effective immediately (were not issued)
• 14.06.1854
• Law [Cap. 5 (17 Vict)] on the rating of British coins in the accounting currency; effective immediately:
  - Gold: British Sovereign at 24 Shillings
  - Silver: British Crown of 5 Shilling at 72 Pennies.
• 1854-1894
• Paper money issuance by commercial banks (until the bank crash of 10.12.1894):
  - Commercial Bank of Newfoundland (est. 10.04.1858)
  - Union Bank of Newfoundland (est. 30.11.1854).
• 12.05.1856
• Law [Cap. 11 (19 Vict)] on the rating of additional foreign coins in the accounting currency; effective immediately:
  - Gold: 10 US Dollars (1834) at 49¼ Shillings; Spanish Doubloon (8 Spanish Escudos) at 76¾ Shillings
  - Silver: Spanish Dollar (8 Spanish Reals) at 60 Pennies; 5 French Francs at 55 Pennies.
  - The 1854 rating of British coins was continued by law [Cap. 10 (19 Vict)] of the same day.

Timeline

• 25.03.1863
• Law [Currency Act, Cap. 18 (26 Vict)] on the adoption of the decimal currency system based on the Newfoundland Dollar of 5 Shillings; effective 01.01.1865. Adapted ratings:
  - Gold: 1 British Sovereign at 4.80 Newfoundland Dollars; 10 US Dollars (1834) at 9.85 Newfoundland Dollars; Spanish Doubloon (8 Spanish Escudos) at 15.35 Newfoundland Dollars
  - Silver: British Crown of 5 Shillings at 1.20 Newfoundland Dollars; Spanish Dollar (8 Spanish Reals) at 1 Newfoundland Dollar.
• 07.01.1895
• Law [Currency Act, Cap. 4 (58 Vict)] on the adjustment of the Newfoundland Dollar to the Canadian currency; effective immediately. Adapted ratings:
  - Gold: 1 British Sovereign at 4.86⅔ Newfoundland Dollars; 10 US Dollars (1834) at 10 Newfoundland Dollars
  - Silver: British Crown of 5 Shillings at 1.21⅔ Newfoundland Dollars.
• 19.07.1899
• Law [Cash Notes Act, Cap. 6 (62&63 Vict)] on the issuance of cash notes by the "Department of Public Works"; effective immediately
  - 04.05.1900: Law [Cash Notes (Amendment) Act, Cap. 1 (63 Vict)], amending the 1899 act; effective immediately.
  - Note issuance began during 1901.
• 08.08.1917
• Law [Currency Act, Cap. 35 (8 Geo V)] on the restoration of the gold standard; effective 29.03.1917 (retroactive)
• 05.06.1919
• Law [Newfoundland Notes Act, Cap. 42 (9&10 Geo V)] on the issuance of treasury notes; effective immediately.
  - Note issuance began on 02.01.1920.
• 30.04.1932
• Law [Currency Act, Cap. 1 (22 Geo V)] on the suspension of the gold standard and the legal tender status of the banknotes of four Canadian commercial banks (Bank of Montreal, Bank of Nova Scotia, Canadian Bank of Commerce, Royal Bank of Canada); effective 31.12.1931 (retroactive)
• 22.03.1949
• Canadian law [British North America Act, Cap. 22 (12&13 Geo VI)] on the incorporation of Newfoundland into Canada; effective 31.03.1949.
  - The Newfoundland currency was not formally abolished (rated at 1 Canadian Dollar = 1 Newfoundland Dollar).

Valuation Regimes

• 1865-1931
• Fixed rate against British Pound; Great Britain suspended the gold standard on 06.08.1914 (and restored it on 28.04.1925), Newfoundland restored the gold standard on 29.03.1917. Great Britain suspended the gold standard again on 21.09.1931, Newfoundland followed on 31.12.1931.
• 1932-1949
• Fixed rate against Canadian Dollar