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The long or imperial hundredweight of 8 stone or 112 pounds (50.80 kg) is defined in the British imperial system. [2] Under both conventions, there are 20 hundredweight in a ton, producing a "short ton" of 2,000 pounds (907.2 kg) and a "long ton" of 2,240 pounds (1,016 kg).
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
The pound remained the base unit (in Malta, using the Maltese name "lira"), but was subdivided into new fractional units of 1 ⁄ 100 of a pound. The new fractional unit (called the "new penny" in the UK and Ireland and the "cent" in Malta) was worth 2.4 old pence.
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.
The avoirdupois pound is legally defined as a measure of mass, [25] but the name pound is also applied to measures of force. For instance, in many contexts, the pound avoirdupois is used as a unit of mass, but in some contexts, the term "pound" is used to refer to "pound-force". The slug is another unit of mass derived from pound-force.
For example, in a conversion from EUR to AUD, EUR is the fixed currency, AUD is the variable currency and the exchange rate indicates how many Australian dollars would be paid or received for 1 euro. In some areas of Europe and in the retail market in the United Kingdom , EUR and GBP are reversed so that GBP is quoted as the fixed currency to ...
The pound or pound-mass is a unit of mass used in both the British imperial and United States customary systems of measurement.Various definitions have been used; the most common today is the international avoirdupois pound, which is legally defined as exactly 0.453 592 37 kilograms, and which is divided into 16 avoirdupois ounces. [1]
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. [3] The pound is the main unit of sterling, [4] [c] and the word pound is also used to refer to the British currency generally, [7] often qualified in international contexts as the British pound or the pound sterling. [4]