decimalization
/ˌdɛsəməlaɪˈzeɪʃən/
noun
- The process of changing a system (especially money or measurement) to use the decimal system.
- Many countries have undergone decimalization of their coinage to align with international standards.
- The decimalization of British currency in 1971 replaced shillings and pence with a pound divided into 100 pence.
- Decimalization made it much simpler to calculate prices and give change.