Decimal currency

Decimal currency is currency in which the sub-units of the basic unit of currency are divisable into the basic unit by a factor of ten; in practice this usually means that 100 of the sub-unit make up one of the basic unit, but currencies divided into 1000 sub-units also exists, especially in Arab countries. For example, 100 United States cents make one dollar, 100 British pence make one pound, 100 "euro cent" make one euro, 1000 Tunisian millimes make one dinar, and so forth.

Today, the only currencies which are not decimal are those that have no sub-units at all, plus the Mauritanian ouguiya, 1 ouguiya = 5 khoum, and the Malagasy franc of Madagascar: 1 ariayry = 5 francs. The latter currency is doubly unusual: note that the "default" unit is actually the smaller unit.

ru:Десятичная валюта

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