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Decimal currencyDecimal currency is a 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. For example, 100 United States cents make one dollar, 100 British new pence make one pound, 100 European cents make one Euro, and so forth.
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Decimal currency".