ELI5: Explain Like I'm 5

Non-decimal currency

Okay kiddo, do you know what money is? Money is something we use to buy things we want or need, like toys, food, and clothes.

Now, some countries have money that is divided into decimals like quarters, dimes, nickels, and pennies. For example, in the United States, we have one dollar which is equal to 100 pennies. We can divide that dollar into quarters (25 cents), dimes (10 cents), nickels (5 cents), and pennies (1 cent).

But not all countries use decimal currency like this. Some countries use non-decimal currency. This means that instead of dividing the money into 10 parts like we do with our pennies, they divide their money into a different number of parts.

For example, some countries use a currency called rupees. One rupee can be divided into 100 smaller parts. But in some countries, like the Maldives, their currency is divided into only 100 smaller parts. This means that there is no smaller coin or bill, so they have to use the same coins and bills for everything.

Non-decimal currency might seem confusing at first, but it's just a different way of counting and using money. It’s like learning a different language or a different way of doing math.
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