A 'nicker' was slang for a shilling, which was a British pre-decimal currency unit. The shilling was equivalent to 12 pennies and was commonly used in Britain until decimalization in 1971.
During the time of the British Empire, the shilling was a widely used coin in everyday transactions. It had a value of 1/20th of a pound sterling and was a crucial part of the country's monetary system.
Today, the shilling is no longer in circulation, as the UK has adopted the decimal system with the pound being divided into 100 pence. However, the term 'nicker' is still occasionally used as a nostalgic reference to the old currency unit.
For more information on the history of British currency and the transition to decimalization, you can visit the Bank of England's website.
Overall, the 'nicker' was a slang term for the shilling, a British pre-decimal currency unit that played a significant role in the country's economic history.
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