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).
Watch Why do Ex-British Colonies use Dollars Instead of Pounds? via History Matters on YouTube