The Old Money as it was known, was the £ which stood for Libra. The s which stood for Solidus. The d which stood for Denarius. The £ was of course the Pound. The S was the Shilling. The d was pence. A 6d piece was thought to be lucky and was referred to as the lucky sixpence.
The Shilling was worth 12d. 20 Shilling was worth a Pound.
Today it can be reckoned that 2d of the Old Money would be worth about only 1 cent!
In 1971, the Old Money came to an end and it was then Pound or Punt and pennies. The Pound or Punt went out in 2002.
In 1957, a man working in an industry could expect to earn just 3s 5d per hour. Weekly wages often came to what is just €10 today. Many worked 46 hours a week for that! A woman would earn considerably less than a man. Often women were paid about 2s per hour.
A new and good bicycle in those days cost about £12 19s. When a man on average earned £7 17s 10d a week, we see how much of a struggle life had to have been in those days.