Historical Events tagged with "decimalisation"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Economics & Industry
Decimal Day Marks Currency Change in UK and Ireland
February 15th, 1971 54 years ago
On February 15, 1971, the United Kingdom and Ireland transitioned from their traditional currency systems to a decimal currency system. The previous twelve pence to a shilling and twenty shillings to a pound system was replaced with a new currency system where one pound consisted of one hundred pence. This change was aimed at simplifying transactions and calculations, making it easier for the public to understand monetary values and reduce confusion in daily commerce.
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