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The time now is 08/21/08 - 17:17

What is a non-decimal currency?


RealCool.BIZ Forum Index -> Finance -> General Finance

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rodolfo
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Joined: 21 Mar 2005
Posts: 1



PostPosted: 06/24/08 - 06:04    Post subject: Reply with quote

I have a bit of a weird question for you here, or at least it seems to be that way to me! I have just read something about non decimal currencies. This is not something I have ever heard of before and I don't really understand it to be honest with you. Can you tell me what it means?
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reinald
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Joined: 05 Jan 2008
Posts: 2



PostPosted: 07/24/08 - 02:12    Post subject: Reply with quote

Sure. Most currencies, as I am sure you know, can be divided up into decimal points. The Dollar, Euro, Pound, are all examples of such currency. Non decimal currencies are those currencies that do not divide up into decimal points. In today's world there are only two of those - the currency of Madagascar and that of Mauritania.
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RealCool.BIZ Forum Index -> Finance -> General Finance

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