These continued to be the main source of exchange until the decimalization of 1966.
In 1969, the 10-shilling note was replaced by a 50-pence note in the build-up to decimalization. 20-pound notes were introduced in 1979.
Decimalization is generally advocated for reducing effort of calculations involving quantities of different scale.
He is probably best known for his work on the decimalization of stock prices, insider trading, and stealth trading.
Right up to the time of decimalization, pronunciation was idiosyncratic.
Since it is equivalent to 20 new pence, the coin was not demonetized as part of the 1971 decimalization.
The coin was introduced as part of a short-lived attempt at decimalization of the currency, after an earlier attempt had spawned the florin.
With decimalization reform in the 19th century, the batzen was divided into 10 rappen, with 10 batzen worth 1 franc.
