decimal currency

noun

1. a system of currency in which the monetary units are parts or powers of ten

Example Sentences

He was also chief secretary to the Treasury as the UK prepared to move to decimal currency.

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The 15.5 billion Australian coins carrying the queen’s image minted since Australia introduced decimal currency in 1966 will remain legal tender.

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Her face is the only monarch to appear on Australian money since decimal currency was introduced in 1966 when Australian dollars and cents replaced British-style pounds, shillings and pence.

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Fifty years ago, the UK converted to a decimal currency, and one and two new pence coins became the modern way to pay.

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Celebrating the 50th anniversary of decimal currency, MacDiarmid said the new national currency reflected the nation’s story, echoing growth and development in Australian society since 1966.

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