What is decimalization?

Decimization is the process of converting an existing currency system into a system based on number ten. This process began seriously in the 18th century, and most countries in the world are now establishing their currencies on a decimal system. The ease of mathematical calculation in calculating various denominations is the main reason why decimalization has gained kindness. One of the most important possession of the process was the United Kingdom, which has finally transformed its randomly established pound system into a decimal system in 1971. Most people in the modern world take a money system based on those and dozens for granted. In fact, the decimal system began to grow in popularity at the end of the 18th century. Given that the United States has received freedom from the UK and the French Revolution, each of which took place in this period, two main international players soon used a decimal system as a basis for their currencies. As a result, the decimalization movement gains a moment and soon swept most of the world. Although different PR names can be usedAbout currencies, the basic numerical background of each system is the same. For example, most countries in Europe use Euro as the basis for their currencies, while the United States uses the dollar as their. However, all these countries use a decimal system to debate different denominations.

As an example of how detection works, imagine an example of the United States. American colonists came from the British monetary system, which had a relatively random way to allocate the currency, such as the fact that there was 240 pencils, the main British name. When in 1792 the initial currency of the US for the first time, they would be founded by 100 cents in one dollar, which would consolidate a decimal system for offspring.

Some countries held hard for old currency methods before they finally succumbed to decimalization. When the United Kingdom in 1971 was finally tenmized, many citizens were upset that this happened without anyarrays vote. These citizens have become accustomed to the excavation that the country has always used, and feared that the change caused by the decimal process. As a result, the decimal day in the UK, which occurred on February 15, 1971, met with skepticism, even though it eventually disappeared when the new system became common.

IN OTHER LANGUAGES

Was this article helpful? Thanks for the feedback Thanks for the feedback

How can we help? How can we help?