Britain is preparing for Decimal Currency Day on February 15th with a massive publicity campaign to help the public understand the changeover.
Britain is preparing for Decimal Currency Day on February 15th with a massive publicity campaign to help the public understand the changeover. The United Kingdom is one of the last countries in Europe to go Decimal--France made the step in 1793 and Russia in 1897. With the possibility of Britain joining the decimalised Common Market--the decimalisation of the monetary system is seen as a logical and practical development.
On the ordinary day-to-day level decimal money is being advertised as easier to teach, easier to teach, easier to learn, and easier to handle than the pounds, shillings, and pence system.
The British Pound--which now is divided into 240 pennies--will instead be split up into 100 new pennies.
As well as a new one penny piece--worth 2.4 of the old pennies, shoppers will have to get used to a new penny piece. The five new penny piece is worth the same as the old shilling, and the 10 new penny piece is the same value as the old florin. A 50 new penny piece replaced the 10 shilling note last year.
To make sure the new system is introduced without any disruption the Government is starting a television, newspaper and radio campaign to explain the decimal currency to the people. The conversion of accounting machines and cash registers ini shops has been going ahead for more than year.
The decision to go decimal was first accepted in principle in 1961--and on February 15 the changeover day comes--at the end of an intensive publicity campaign which the Government hopes will have prepared the public for the arithmetical problems of converting from one system to the other.