Original sentence: In the nineteenth century Spanish dollars were rated against the British gold sovereign at four shillings and two pence (4s 2d), or at $4.80 to the sovereign.The EC$ replaced the British West Indian dollar (BWI$), used by the defunct West Indies Federation, at par in 1965.The East Caribbean dollar is a descendant of the Spanish dollars that were referred to as pieces of eight.This exchange rate was still active between the East Caribbean dollar and the pound sterling right up until as recently as 1976
Edited sentence: Following an imperial order-in-council of 1838, British sterling coins steadily worked their way into circulation in the British West Indies.From 1838 in the Windward islands and the Leeward islands, British sterling coinage circulated alongside pieces of eight until the latter were demonetised between 1878 and 1882.In 1965, the EC$ replaced the British West Indian dollar (BWI$), used by the defunct West Indies Federation, at par.Spanish dollars were rated against the British gold sovereign at four shillings and two pence (4s 2d), or at $4.80 to the sovereign, and this exchange rate continued right up until 1976 in the British Eastern Caribbean territories.The East Caribbean dollar is a descendant of the old Spanish dollars that were referred to as pieces of eight.The sterling coinage was replaced in 1955 by a new decimal coinage associated with the British West Indian dollar which was simutaneously introduced in Trinidad and Tobago, Barbados, and British Guiana