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 (British pre-decimal coin) many merchants and mining companies issued their own copper tokens e.g. the Parys Mining Company on Anglesey issued huge numbers of tokens (although their acceptability was strictly limited). In 1797, the government authorised Matthew Boulton to strike copper pennies and twopences at his Soho Mint in Birmingham. At the time it was believed that the face value of a coin should correspond to the value of the material it was made from, so they had respectively to contain one or two pence worth of copper (for a penny this worked out to be one ounce of copper). This requirement meant