Cryptocurrency Q&A
Why is 100 cents a dollar?
Why is 100 cents a dollar?
Eleonora
Sun Mar 23 2025
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7
answers
1715
I've always wondered why 100 cents make a dollar. Is there a historical reason behind this division? Or is it just an arbitrary decision that has been accepted over time?
7 answers
CryptoPioneer
Tue Mar 25 2025
For instance, the dollar was the primary unit of currency.
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mia_clark_teacher
Tue Mar 25 2025
Congress passed the Coinage Act during this period, establishing a national currency system.
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Valentina
Tue Mar 25 2025
This system included various denominations such as dollars, quarters, and dimes.
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Giuseppe
Tue Mar 25 2025
At the time, dimes were referred to as "dismes."
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Sara
Tue Mar 25 2025
Each of these denominations had a specific value assigned to it.
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