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Contrast Britain’s Decimal Currency and Metric ConversionsIn the mid 1960s, Britain was different to most other countries by having Roman-style non-decimal currency and measurement units still in use.
In Britain, and other Commonwealth countries, it was realised that there were major advantages to be gained by adopting decimal currency and a modern system of decimal measurement units. Decimal coinage in use today
While Australia successfully linked both transitions, Britain is remarkable because its highly successful transition to decimal currency was combined with its failure to pull off a similar success in adopting metric units. Indeed when adopting metric, Britain has acted in completely the opposite direction to those policies that made introducing decimal currency such a success. This divergence is strange when both Britain and Australia saw that the benefits of adopting decimal currency were linked to those of adopting decimal measurement units.
Although the majority of Britons who remember the currency changeover in 1971 recall a smooth process, many fears were expressed by the Decimal Currency Board, politicians, the news media and the public. These included:
These fears were addressed by good contingency planning and a well planned programme of public information. The benefits of decimal currency were explained to the public and most people accepted the change as an important modernisation. On the changeover day 15 February 1971, Chairman of the Decimal Currency Board (DCB) Lord Fiske was able to tell reporters: "The general picture is quite clear and the smooth and efficient changeover so many people have worked for is now in fact being achieved." Fear of change is a key reason why some Britons are not keen to complete the transition to the metric system. Unfortunately the benefits of change from imperial to metric have not been explained to the public and effective practical information has not been distributed to the man and woman in the street.Contrast Decimal Currency and Metric ConversionsA good summary of Britain’s currency decimalisation is given in Malcolm Levitt’s summary. A quick comparison between Britain’s approach to adopting decimal currency and adopting metric measurement helps show why we are in our current mess.
LessonsFor Britain there are clear lessons to be learned. Many people have said that Britons are incapable of accepting changes like the conversion to metric units. History shows that this is not the case. Britain has coped well with change when it is well planned and rapid. It is not too late to learn from the D-day experience. The Government could make up for their shameful failure to inform the public when introducing metric units to shops. An information campaign would help most people to accept change – particularly if it were accompanied by phasing out imperial units. Keeping information in two systems is not only costly but creates a disincentive to change. |
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