decimal system of currency was introduced in india on 1 april 1957.
decimal system of currency was introduced in india on 1 april 1957.
when was decimal system of currency introduced in india?
1 april 1957
Na
Na
historically, the use of decimal sub-units was the exception rather than the rule. decimalised currencies are well suited for mathematics based on a decimal system, as calculations involving currency can simply be treated as any other arithmetic equation; as the decimal system prevails today it is thus advantageous in fields such as accounting. however, historically there have been other systems that were in common use, such as the vigesimal system (base 20) that was common among ancient mesoamerican civilizations or the sexagesimal system (base 60) used by the ancient mesopotamians; the advantages of using a decimalised currency are less applicable.
non-decimal currency