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1 and 2 cent pieces, what do you think about removing them? (feddit.de)

submitted 1 year ago by sexy_peach@feddit.de to c/europe@feddit.de

153 comments fedilink hide all child comments

They're not worth anything, never were but even less through the years with inflation.

If a store wants to sell something for 99 cent, they can either just take 1€ or 95 cent.

Maybe even 5 cent pieces? But that would be a bit radical.

I am a bit annoyed that easy ideas like this are never discussed in politics, or wherever. It would make our lives just a little bit easier, and having them achieves NOTHING.

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[–] maynarkh@feddit.nl 9 points 1 year ago (1 children)

Hungary has in the recent past got rid of 1 and 2 HUF coins. Prices can still be XX99, only total transaction amounts have to be rounded according to official rounding laws, but only if in cash.

It works.

[–] Kissaki@feddit.de 0 points 1 year ago (1 children)

What are the rules for rounding?

[–] maynarkh@feddit.nl 2 points 1 year ago* (last edited 1 year ago)

If the price ends on 1 or 2 HUF, it goes down to the nearest ten, if it's 3,4,6 or 7 it rounds to 5, if it's 8 or 9 it goes up to the nearest ten.

No one really cares that much, as 1 HUF is worth around a third of a cent.