Timeline

• 21.03.1785
• Law [Cap. 4 (25 Geo III)] on miscellaneous topics: §2 dealt with the rating of the Spanish Dollar (8 Spanish Reals) at 60 Pennies of the accounting currency; effective immediately
• 20.11.1790
• Start of issuance of unbacked paper money by the provincial treasury (without assent of the colonial government)
• 12.10.1825
• Law [Treasury Notes Act, Cap. 18 (5 Geo 4)] on the issuance of treasury notes; effective 31.12.1825.
  - Treasury note issuance is subject to several laws until they are made permanent by law [Cap. 11 (5 Will 4)] (undated) of xx.xx.1835.
• 06.10.1849
• Law [Cap. 24 (12 Vict)] on the rating of foreign coins in the accounting currency; effective immediately:
  - Gold: British Sovereign at 30 Shillings; 10 US Dollars at 60 Shillings; Spanish Doubloon (8 Spanish Escudos) at 96 Shillings
  - Silver: British Crown of 5 Shillings at 90 Pennies; Spanish Dollar (8 Spanish Reals) at 75 Pennies.

Timeline

• 01.12.1871
• Ordinance [34 Vict c.5] on the adoption of the decimal currency system based on the Prince Edward Island Dollar of 6⅙ Shillings; effective 01.02.1872. Adapted ratings:
  - Gold: 1 British Sovereign at 4.86⅔ Prince Edward Island Dollars; 10 US Dollars at 10 Prince Edward Island Dollars; Spanish Doubloon (8 Spanish Escudos) at 16 Prince Edward Island Dollars; 20 French Francs at 3.80 Prince Edward Island Dollars
  - Silver: British Crown of 1.20 Prince Edward Island Dollars; Spanish Dollar (8 Spanish Reals) at 1 Prince Edward Island Dollar.
• around 1872
• Start of issuance of a subsidiary coin of 1 Cent
• around 1872
• Start of issuance of treasury notes denominated in 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 Prince Edward Island Dollar; effective 01.07.1881

Valuation Regimes

• 1860-1871
• Fixed rate against British Pound