Halfpenny (British decimal coin) Halfpenny (British decimal coin) The British decimal halfpenny (p) coin was introduced in February 1971, at the time of decimalisation, and was worth one two-hundredth of a pound sterling. It was ignored in banking transactions, which were carried out in units of 1p. The decimal halfpenny had the same value as 1.2 pre-decimal pence, and was introduced to enable the prices of some low-value items to be more accurately translated to the new decimal currency. The possibility of setting prices including an odd half penny also made it more practical to retain the pre-decimal sixpence in circulation (with a value
Decimal fractions. The Egyptian hieratic numerals, the Greek alphabet numerals, the Hebrew alphabet numerals, the Roman numerals, the Chinese numerals and early Indian Brahmi numerals are all non-positional decimal systems, and required large numbers of symbols. For instance, Egyptian numerals used different symbols for 10, 20, to 90, 100, 200, to 900, 1000, 2000, 3000, 4000, to 10,000. The world's earliest positional decimal system was the Chinese rod calculus. Decimal fractions were first developed and used by the Chinese in the end of 4th century BC, and then spread to the Middle East and from there to Europe. The written Chinese