Decimalisation Origins
Fiji followed the pattern of South Africa, Australia, and New Zealand in that when it adopted the decimal system, it decided to use the half pound unit as opposed to the pound unit of account. The choice of the name dollar was motivated by the fact that the reduced value of the new unit corresponded more closely to the value of the US dollar than it did to the pound sterling.
Read more about this topic: Fijian Dollar
Famous quotes containing the word origins:
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—Robinson Jeffers (1887–1962)