Canadian Pound - Banknotes

Banknotes

On notes issued by the chartered banks, denominations were given in both dollars and pounds/shillings, with £1 = $4 and $1 = 5s. Many banks issued notes, starting with the Bank of Montreal in 1817. See Canadian chartered bank notes for more details. Denominations included 5s, 10s, 15s, £1, £1 1⁄₄, £2 1⁄₂, £5, £12 1⁄₂ and £25. In addition, small value, "scrip" notes were issued in 1837, by the Quebec Bank, in denominations of 6d (12 sous), $1⁄₄ (30 sous, 1s 3d) and $1⁄₂ (60 sous, 2s 6d), and by Arman's Bank, in denominations of 5d, 10d and 15d (10, 20 and 30 sous).