Global InformationDecimalisation information
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.
Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja.[1] However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ruble being equal to 100 kopeks.[2][3]
For weights and measures, this is also called metrication, replacing traditional units that are related in other ways, such as those formed by successive doubling or halving, or by more arbitrary conversion factors. Units of physical measurement, such as length and mass, were decimalised with the introduction of the metric system, which has been adopted by almost all countries (with the prominent exceptions of the United States, and, to a lesser extent, the United Kingdom and Canada). Thus, a kilometre is 1000 metres, while a mile is 1,760 yards. Electrical units are decimalised worldwide. Common units of time remain undecimalised; although an attempt was made during the French Revolution, this proved to be unsuccessful and was quickly abandoned.
- ^ "Malagasy Ariary". famouswonders.com. 4 April 2011. Retrieved 2016-12-13.
- ^ "The Reign of Peter the Great as Represented in the ANS Collection | Pocket Change".
- ^ The new Encyclopaedia. Britannica. Volume 25.1994