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
Non-decimal currency large number for some poorly educated people to deal with. For example, one-third of an Austrian Gulden (of 60 Kreuzer) was 20 Kreuzer while a third of a dollar is 33.333 cents. This divisibility is useful when trading and when sharing out sums of money. For these reasons, many states chose in the past to adopt non-decimal currencies based on divisions into sub-units such as 12 or 20, sometimes with more than one tier of sub-units. There is a second, more fortuitous, way in which non-decimal currencies emerged. Often multiple currencies would circulate concurrently in an economy, with non-decimal exchange