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Topic: Decimalisation


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  Pound sterling - Wikipedia, the free encyclopedia
Since decimalisation in 1971, the pound has been divided into 100 pence (singular "penny").
Prior to decimalisation, the pound was divided into twenty shillings, with each shilling equal to twelve pence, making a total of 240 pence to the pound.
At the time of decimalisation, the smallest unit was the penny, although smaller value coins had been minted in years past.
en.wikipedia.org /wiki/Pound_Sterling   (3479 words)

  
 Decimalisation - Voyager, the free encyclopedia   (Site not responding. Last check: 2007-11-01)
In the management of currencies, decimalisation (or decimalization) is the process of converting from traditional denominations to a "decimal" system, usually with two units differing by a factor of one hundred.
In France, decimalisation of the coinage was accompanied by metrication of other measures, introducing the franc in 1803 to replace the Livre tournois, abolished during the Revolution.
Before the introduction of physical Euro notes and coins on 1 January, 2002, the plans and experiences of various decimalisations, particularly decimalisation in the United Kingdom in 1971, were studied by the European Central Bank because many of the lessons could be learnt and applied to the introduction of the Euro.
voyager.in /Decimalisation   (539 words)

  
 CalendarHome.com - Big Ben - Calendar Encyclopedia
The idiom of putting a penny on, with the meaning of slowing down, sprung from the method of fine-tuning the clock's pendulum by adding or subtracting penny coins.
Even to this day, old pennies, phased out of British currency by the 1971 decimalisation, are used.
Despite heavy bombing, it ran accurately throughout The Blitz.
encyclopedia.calendarhome.com /Big_Ben.htm   (2308 words)

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