It was divided into 20 shillings, each of 12 pence, with the dollar (initially the Spanish dollar) circulating at a value of 5/– (the Halifax rating).

In 1852, New Brunswick adopted the same standard for its pound as the Province of Canada was using,[1] with £1 stg.

= £1.4s.4d local currency (see Canadian pound).

In addition to sterling coin and Spanish dollars, copper tokens were issued in 1834 and 1854 in denominations of 1⁄2d and 1d.

Some of the Bank of New Brunswick and Central Bank of New Brunswick's notes also bore the denomination in dollars.