Reply to post: 256 p in the pound?

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Pen-y-gors Silver badge

256 p in the pound?

Not sure about that, but in the dim and distant I worked for a large Life Assurance company which still had many policies in force that went back decades before decimalisation. Obviously impossible to accurately convert 2s. 11½d. to decimal, so every financial amount was converted into farthings (960 to the pound) and stored as an integer. Only finally converted to decimal currency when it became necessary to make a payout.

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