At the same time, decimalization of equities has led to narrower spreads.
From the businessweek.com
So decimalization came in to basically narrow that spread, theoretically.
From the forbes.com
Before decimalization, the tightest spread was often still 12.5 cents.
From the newsweek.com
The coin was discontinued in 1971 after the decimalization of sterling.
From the en.wikipedia.org
Before decimalization, stock prices moved in increments of 116 of a dollar, or about 6 cents.
From the bloomberg.com
The 10 shilling note was replaced by the 50 pence coin during the process of decimalization.
From the en.wikipedia.org
The 10 shilling note was replaced by the 50 new pence coin in the run up to decimalization.
From the en.wikipedia.org
What was going on before decimalization that benefited IPOs?
From the investors.com
In Britain, prices shot up 3% after decimalization in 1971 because retailers used it as an excuse to raise prices.
From the businessweek.com
More examples
The act of changing to a decimal system; "the decimalization of British currency"
Decimal currency is the term used to describe any currency that is based on one basic unit of currency and a sub-unit which is a power of 10, most commonly 100.
The quotation and trading of stock or bond prices in decimals, as opposed to fractions such as eighths.
The statement of quotes in decimals rather than fractions.