Why do Ex-British Colonies use Dollars Instead of Pounds? (Short Animated Documentary)

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Video

Arienne King
by History Matters
published on 18 April 2021

You'll notice that many ex-British Colonies, like Australia, Canada and New Zealand don't use pounds like their former British overlords but instead use dollars. Why? What caused these nations to switch currencies and why did they prefer America's style of currency of the Britain's? Find out in this video, the latest in my very short, animated historical documentaries (about history).

Sources:

The Sterling Area and Economic Disintegration by Catherine R. Schenk

Gentlemanly Imperialism at Work: The Bank of England, Canada, and the Sterling Area, 1932-1936 by P. J. Cain

Economic Policy and Economic Development in Australia from 1945: A Study in Economic Administration by Douglas Copland

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The video and its description text are provided by Youtube. This website claims no authorship of this content; we are republishing it for educational purposes.

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APA Style

Matters, H. (2021, April 18). Why do Ex-British Colonies use Dollars Instead of Pounds? (Short Animated Documentary). World History Encyclopedia. Retrieved from https://www.worldhistory.org/video/2476/why-do-ex-british-colonies-use-dollars-instead-of/

Chicago Style

Matters, History. "Why do Ex-British Colonies use Dollars Instead of Pounds? (Short Animated Documentary)." World History Encyclopedia. Last modified April 18, 2021. https://www.worldhistory.org/video/2476/why-do-ex-british-colonies-use-dollars-instead-of/.

MLA Style

Matters, History. "Why do Ex-British Colonies use Dollars Instead of Pounds? (Short Animated Documentary)." World History Encyclopedia. World History Encyclopedia, 18 Apr 2021. Web. 26 Dec 2024.

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