Talk:Decimal currency
From Academic Kids
I would like to find a reference or data concerning the number of countries in the world that still use a non-decimal currency.
If anyone out there knows where to find this information I would be very grateful. mailto://dex@ieee.org
Malagasy Ariary
I doubt that the Malagasy currency is a non-decimal one. Actually they were using the Malagasy Franc after independance that was subdivided as the French Francs into centimes. During socialist times the local malgache language replaced French in many aeas of public life (adminsitration, school) so they wanted to get rid of the reference to the (Franch) Francs and introduced the Ariary. Due to inflation the centimes was already useless during that time and a calculatory rate of 5 Malgache Francs to 1 one Ariary was introduced. In the early 90s when I was working in Madagascar the manner on the market was that traders assumed you ment a price in Francs Malgache if who spoke French and Ariary if you spoke Malgache. Banknotes indicated the sums in both units. So basically the two existed in parallel. I think I read that today the banknotes only indicate Ariary and the Ariary has no subdivision. (Sven Schade, naberera2000@yahoo.de)
