Is there a special name for decimal currency based on 10,100, 1000 etc.?

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Is there a special name for decimal currency based on 10,100, 1000 etc.?

I know that 'decimal' itself refers to divisions of 10, but what about all the rest?

2007-03-18 23:35:01 · 3 answers · asked by plwimsett 5 in Business & Finance ➔ Other - Business & Finance

N.B. note the use of the word 'special'

2007-03-21 01:28:57 · update #1

3 answers

These are all decimal.
decimal means using base 10

2007-03-18 23:44:38 · answer #1 · answered by Vinni and beer 7 · 2⤊ 0⤋

There are very few decimal currencies in the world. I believe Sudan uses one. What we call a decimal currency in the UK is actually Centimal - because there are 100 pence to the pound, not ten!

2007-03-18 23:38:34 · answer #2 · answered by Avondrow 7 · 1⤊ 1⤋

yes..there are cents, centavos etc

2007-03-18 23:45:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋