It dates back to the denaro, and old Roman coin roughly equivalent (in use, not value) to the old pence.
good question. i don't know.
I wasn't around then but didn't p stand for pounds as in pounds, shillings and pence?
It was Latin
We had 'LSD' for pounds shillings and pence.
D was for denarius or denarii(plural)
cant 'member now, used to be L>S>D
wow that was 'a long' time ago
Pounds Shillings and Pence used to be LSD, I knew the answer once but have forgotten it now, sorry.
The symbols 's' for shilling and 'd' for pence derive from the Latin solidus and denarius used in the Middle Ages. The '£' sign developed from the 'l' for libra.
It relates to the designation L S D Latin "librae, solidi, denarii- names for the coinage.
See the links below for a more detailed explanation
In pre decimal currency
4 farthings = 1 penny
2 half penny = 1 penny
threepence = 3d
Sixpence = 6 d
Shilling = 12d
Florin = 24d
Crown = 5 shillings
240d = £1
20 shillings = £1
25 shillings = Guinea
Its abbreviation d. comes from the Roman denarius and was used until decimalisation in 1971.
Why? I don't know
from the Roman denarius
This goes all the way back to roman times. The pre decimalisation currency was referred to the LSD system.
L for £(pound) comes from the Latin - 'Libra' which incidently, was their unit of measure for a pound in weight.
S for shillings, comes from the latin 'Solidarii' The 'S' later degenerated to a forward stroke '/'. So 2 shillings, no pence was written 2/-
D or 'Dinarii' so sixpence was written 6d. No idea where the word 'penny' comes from tho'. But it may come from the german 'phennig' which was 1/100 of a german 'Mark'.
Hope this helps.
You are all wrong. The abbreviation come from the old French currency. Livre (pound -£ or L) sol = 1/20 denier ,so is equivalent to the English shilling (s), and there were 12 deniers to the sol (d) Hence £SD The Romans had been long gone when this currency came into use in the UK. Look to the Norman Conquest That's not to say the French didn't get it from the Romans
Just found the link below, explains the penny which was Anglo Saxon
Lots of right answers above. Seeing the question and the explanations has made me very nostalgic for the days when we had our own currency and not the toytown money we are forced to use today. There was something about a 10 bob note that a 50p coin can never replace.
Briu1970 - pretty good answer, but a guinea was 21 shillings not 25, so something priced 2gns would be £2 - 2s, 5 gns would be £5 - 5s etc.
Since the Romans were here untill 1969 we used, in Britain, L.S.D. Which stood for Librae, Solidae, Denarius. Pounds Shillings,and Pence.
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