answersLogoWhite

0

Zero decimal currencies are currencies that do not have any decimal places in their value, meaning they are represented in whole numbers only. This differs from traditional currencies, which have decimal places to represent fractions of a unit. For example, the Japanese Yen is a zero decimal currency, while the US Dollar is a traditional currency with two decimal places.

User Avatar

AnswerBot

9mo ago

What else can I help you with?

Continue Learning about Finance

What are zero strike options and how do they differ from traditional options?

Zero strike options are a type of financial derivative that allows the holder to purchase an underlying asset at a predetermined price of zero. This means that the holder can acquire the asset without having to pay anything upfront. In contrast, traditional options have a strike price that must be paid to acquire the asset.


Discuss the limitations of traditional budgeting and explain how zero based budgeting could overcome the limitation of traditional budgeting?

Traditional budgeting is less precise because money that is left over is not accounted for. Zero based budgeting accounts for every single dollar, hence it is more accurate.


How do i write out 725000.00?

You can write out 725,000.00 as "seven hundred twenty-five thousand." If you need to include the decimal for clarity, you might say "seven hundred twenty-five thousand dollars and zero cents."


What is the value of 1000 mil cruzados?

The cruzado was the currency of Brazil from 1986 to 1989 (actually there were 2 cruzado currencies; Brazil has had a crazy monetary situation) for a few years in the late 1980s.The current value is zero because the currency can no longer be converted, however, it used to convert thus:1000 mil cruzados = $ 600.96 USD.


How do you write out 1250000.00?

The number 1,250,000.00 can be written out in words as "one million two hundred fifty thousand." If specifying the decimal part, it can be expressed as "one million two hundred fifty thousand dollars and zero cents."

Related Questions

Is decimal point zero four equal to decimal point four zero?

Decimal point zero four is not equal to decimal point four zero..04 = 4/100.40 = 4/10thus, .04 < .40


Who found decimal system and zero?

decimal system and zero are the contribution of the Indians to the humanity.


Round 1.556621881 to zero decimal place?

1.556621881 rounded to zero decimal place = 2


What would we do without decimal?

If a number has no decimal you can add a point zero zero at the end of that number.


How can you tell whether a decimal hundredth can also be named as a decimal tenth?

You can if the last digit of the hundredth is zero.


What are zero strike options and how do they differ from traditional options?

Zero strike options are a type of financial derivative that allows the holder to purchase an underlying asset at a predetermined price of zero. This means that the holder can acquire the asset without having to pay anything upfront. In contrast, traditional options have a strike price that must be paid to acquire the asset.


What is 0 in decimal in hexadecimal?

Zero is zero in everything.


When a fraction is changed to decimal and the remainder is zero the decimal is called?

a repeating decimal


When a fraction is changed to a decimal and the remander is zero what is the decimal called?

It is a terminating decimal


What is 0.02 writing as a decimal?

0.02 is already in decimal form #However, , you would say it as 'zero point zero two'.


How do you write three hundred point zero four six in decimal?

Three hundred point zero four six in decimal is 300.046 in decimal.


What is a decimal that stops or terminates with a remainder of zero?

It is a terminating decimal.