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  1. #1
    Join Date
    Mar 2008

    British English Colloquialism

    Can someone please tell me what the saying "in old money" means and possibly how it originated. Thank you.

  2. #2
    Join Date
    Nov 2007

    Re: British English Colloquialism

    Britain adopted decimal currency and so replaced pounds, shillings and pence. There were 12 pence to a shllling, and 20 shillings to the pound. During the change-over period, as people gradually became familiar with the new system, people would often have to do a quick conversion in their heads to be sure just how much an item was in the new currency. They might well ask the shopkeeper, how much is that 'in old money'?

  3. #3
    Tdol is offline Editor,
    • Member Info
      • Member Type:
      • English Teacher
      • Native Language:
      • British English
      • Home Country:
      • UK
      • Current Location:
      • Japan
    Join Date
    Nov 2002

    Re: British English Colloquialism

    'In the old money' is also used.

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