3 ms·
> The problem of making change is worse for stores I read an interesting article recently (can't seem to find it now), about Zimbabwe's hyperinflation of local
by stock_toaster 15y ago
> The problem of making change is worse for stores
I read an interesting article recently (can't seem to find it now), about Zimbabwe's hyperinflation of local currency and how they are using the USD as their unit of local money. This has caused issues because coins are expensive to ship there, and yet in Zimbabwe the value of small denomination coins are still quite relevant. This has apparently caused extreme issues in stores, where people are either waiting for change for long periods, or having to buy things they don't need to 'round up' to the next dollar.
Interestingly, apparently the two dollar bill is very popular there.
edit: found it: http://www.nytimes.com/2012/04/25/world/africa/using-us-dollars-zimbabwe-finds-a-problem-no-change.html http://www.nytimes.com/2012/04/25/world/africa/using-us-doll...