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
Exeter pound Interest Company and made a profit by setting an "expiry date" on each note, which was identified in very small print on the note itself, often overlooked at the point of exchange. This meant that many notes although paid for at the equivalent value in sterling could not actually be spent if not used by the specified deadline. Previous to the Exeter Pound, local currencies were launched in the UK in Bristol (2012), Totnes (2006), Lewes (2008), Brixton (2009) and Stroud (2010). Exeter pound The Exeter Pound (£E) was a form of local complementary currency, or community currency launched in