Non-decimal currency in the 19th century envisaged a system of 1 Pound = 10 florins = 100 dimes = 1000 cents. However the only step taken at that time was the introduction in 1849 of a florin (two shillings) coin (the earliest examples bore the inscription "One Tenth of a Pound"). A partial listing of former non-decimal currencies (giving only units of account): In the Eurozone, in the interval between fixing the conversion factors between national currencies and the euro and the introduction of euro coins, the national currencies were non-decimal subdivisions of the euro. Non-decimal currency A non-decimal currency is a
Penny (Canadian coin) Penny (Canadian coin) In Canada, a penny is a coin worth one cent, or of a dollar. According to the Royal Canadian Mint, the official national term of the coin is the "one-cent piece", but in practice the terms "penny" and "cent" predominate. Originally, "penny" referred to a two-cent coin. When the two-cent coin was discontinued, "penny" took over as the new one-cent coin's name. "Penny" was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins and Spanish