Encyclopedia > Decimal currency

  Article Content

Decimal currency

Decimal currency is a currency in which the sub-units of the basic unit of currency are divisable into the basic unit by a factor of ten; in practice this usually means that 100 of the sub-unit make up one of the basic unit. For example, 100 United States cents[?] make one dollar, 100 British new pence[?] make one pound and so forth.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Reformed churches

... toleration under the Edict of Nantes until final revocation of toleration in 1685. The periods of persecution scattered French Reformed refugees to England, Germany, ...

 
 
 
This page was created in 26.5 ms