| Currency Name In Local: | South Carolina pound |
| Image 1: | US-Colonial (SC-149)-South Carolina-10 April 1778.jpg |
| Image Title 1: | 10/– Colonial currency from South Carolina (April 10, 1778). |
| Using Countries: | South Carolina |
| Inflation Source Date: | The World Factbook, 2010 est. |
| Subunit Name 1: | shilling |
The pound was the currency of South Carolina until 1793. Initially, sterling coin circulated, supplemented from 1703 by local paper money.[1] Although these notes were denominated in £sd, they were worth less than sterling, with 1 South Carolina shilling = 8d sterling. The first issues were known as "Proclamation Money". They were replaced by the "Lawful Money" issue in 1748, with 1 Lawful shilling = Proclamation shillings.
The State of South Carolina issued Continental currency denominated in £sd and Spanish dollars with 1 dollar = shillings (8 dollars = 13 pounds). The continental currency was replaced by the U.S. dollar at a rate of 1000 continental dollars = 1 U.S. dollar. (See hyperinflation.)