Nowadays British money is simple, a pound is divided into 100 pence. But in years gone by the system was much more complex, with 240 pence in the pound! It was only in 1971 that the old system was finally abandoned. Here's a quick look at how it worked.
As well as the basic system, here's also a rundown of the coins and notes we Brits used to use!
Hope you enjoy!
