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For the currencies which I am most familiar with: * The largest 'normal' British coin is worth 2 GBP (~2.50 USD), with the smallest note (in common circulation
by NeoTar 3y ago
For the currencies which I am most familiar with:
* The largest 'normal' British coin is worth 2 GBP (~2.50 USD), with the smallest note (in common circulation) being 5 GBP (~6.35 USD).
* The largest Euro coin is worth 2 EUR (2.18 USD), smallest note 5 EUR (5.45 USD).
However it's becoming increasing irrelevant for me personally - on the rare occasions I'm required to pay by cash I tend to just put the change into my pocket, and deal with it when I eventually come to wash the clothes.
Making any changes to currencies at this stage in time doesn't quite feel like rearranging deck-chairs on the Titanic yet, but sounds like you could burn a lot of political will for little advantage.
- Symbiote 3y agoChanging the coins could be justified as keeping them relevant for the future, otherwise they become irrelevant through inflation. When ½p coins were introduced with decimalization, a pint of milk cost 5p — the smallest coin bought 57ml of milk. With milk now 90p/pt, you now get only 6ml for the smallest coin. We could reasonably scrap 1p, 2p and 5p coins.