Continental currency of U.S. Dollar

In 1775 , the United States and the individual states began issuing "Continental Currency" denominated in Spanish dollars and ( for the issues of the states) the £sd currencies of the states. The dollar was valued relative to the states' currencies at the following rates:

State Value of Dollar in State Currency

1.Georgia 5 Shillings

2.Connecticut, Massachusetts, 6 Shillings

3.New Hampshire,Rhode Island, Virginia 71/2 Shillings
Delaware, Maryland

4.New Jersey, Pennsylvania
New York, North Carolina 8 Shillings

5.South Carolina 32½ Shillings

The continental currency suffered from printing press inflation and was replaced by the silver dollar at the rate of 1 silver dollar = 1000 continental dollars.