this post was submitted on 01 Jan 2025
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Is it about time, or is it still useful? If you think its time has passed, what about the nickel/dime/quarter?

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[–] [email protected] 17 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

New Zealand abandoned the 1c and 2c coin ~~decades ago~~ in 1990, and then the 5c coin too in 2006. Never been missed. Nothing changed.

See https://en.m.wikipedia.org/wiki/New_Zealand_dollar

Prices are all still in 0.01 increments, and are Swedish rounded when paid for with cash (electronic payments are exact and never rounded).

[–] [email protected] 6 points 2 weeks ago

Similar story in Norway, with 10 øre deprecated in early 90s; 50 øre in 2012. Prices are still 1 øre below a round number, even though the average Norwegian has never used coins of that denomination. (And lots of us haven't really used cash for a couple of decades now.)