decimalisation

Noun

Meaning

the act of changing to a decimal system

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the decimalization of British currency Source: Internet

A quarter-penny coin, to be struck in aluminium, was proposed at the time decimalisation was being planned, but was never minted. Source: Internet

Coins in circulation Estimated as at March 2014 citation Dimensions Stated as largest value UK decimal coinage history Decimalisation Since decimalisation on 15 February 1971 the pound ( symbol "£" ) has been divided into 100 pence. Source: Internet

The pre-decimal Maundy pieces have the same legal tender status and value as post-decimal ones, and effectively increased in face value by 140% upon decimalisation. Source: Internet

In older terms like two-bob bit (2/-) and thrupenny bit (3d), the word bit had common usage before decimalisation similar to that of piece today. Source: Internet

It even persisted after decimalisation for those coins which had equivalents and continued to be minted with their values in new pence. Source: Internet

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