Cryptocurrency Q&A What was a bob worth?

What was a bob worth?

CryptoAlchemy CryptoAlchemy Sun Nov 10 2024 | 7 answers 1657
I recently encountered a historical text mentioning 'a bob'. I'm curious about the value of a bob in the context of the time it was used. Could you help me understand what a bob was worth? What was a bob worth?

7 answers

Tommaso Tommaso Tue Nov 12 2024
Specifically, it is equivalent to one-twentieth of a pound.

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KDramaLegendaryStarlightFestival KDramaLegendaryStarlightFestival Tue Nov 12 2024
A bob represents a fractional value of a pound.

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Ilaria Ilaria Mon Nov 11 2024
A significant change occurred in 1970, when the pound was redefined.

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Raffaele Raffaele Mon Nov 11 2024
In historical currency systems, the composition of a pound varied.

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Chiara Chiara Mon Nov 11 2024
Post-1970, a pound was divided into 100 pennies, mirroring the structure of currencies in many other countries.

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