It is a 1/2
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50 cents is 1/2 of a dollar (100 cents)
100 cents equals 1 dollar. Therefore 50 cents is half of a dollar (1/2, 0.5).
2 cents/1 dollar = 2 cents/100 cents = 2/100 = 1/50
its 50 / 100 = 5 / 10 of a dollar
Think of it like this you have 50 cents out of a dollar 50/100 or $0.50 so 63 cents out of a dollar would be 63/100 or $0.63.. some fractions can be broken down like so..50/100 = 1/2