0 a money system in which a smaller unit can be multiplied by ten or a 100 to make up a bigger unit:
The UK and the US both have decimal currencies.
1 a currency that can be divided into smaller units by dividing by ten or a hundred. For example, in the US a dollar is divided into a hundred cents.
If they could manage dual accounting, they could handle a single conversion to a single decimal currency.
I am reminded of what happened when we switched to decimal currency; with the change of system came a substantial rise in prices.
I have always advocated a decimal currency for this country, but not this one.
There is a great deal of talk at present about prices having risen because shopkeepers have rounded upwards on the introduction of decimal currency.
Furthermore, the fraction will preclude the simplicity which a decimal currency should enjoy.
This practice will continue in a decimal currency system.
We all know in our hearts that we adopted what is just about the wrong decimal currency.
The board's report contains a full assessment of the likelihood of the sixpence continuing to circulate freely within the decimal currency system.