2 cent euro
#1
Original Poster
Joined: Feb 2003
Posts: 205
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2 cent euro
Why do you think the EU countries with euros went with a 2 cent coin? It just doesn't seem useful and makes a lot of change in your pocket. For small change, 5 cents and 1 cents are enough or am I missing something?
Maybe it's just because the US doesn't have one and I'm not used to it. However, it seems like the US tried a 2 cent coin at one point and then gave it up. Am I right about that?
Maybe it's just because the US doesn't have one and I'm not used to it. However, it seems like the US tried a 2 cent coin at one point and then gave it up. Am I right about that?
#7
Joined: Oct 2003
Posts: 380
Likes: 0
Generally speaking, there's a very wide array of euro coins and bills because, depending on the country, people were accustomed to coins and bills of various values and they wanted to keep everybody satisfied.
Thee was a 10 centimes coin in France, for instance, and its value was roughly equal to 2 euro cents. Similarily nobody in France would consider using a 500 € bill, but the Germans had some very high denominations for bills, so we got a 500 € bill (I've never seen such a bill, not even a 200 € bill).
By the way, some countries decided to stop minting the 1 and 2 cents coins, that they find useless.
Thee was a 10 centimes coin in France, for instance, and its value was roughly equal to 2 euro cents. Similarily nobody in France would consider using a 500 € bill, but the Germans had some very high denominations for bills, so we got a 500 € bill (I've never seen such a bill, not even a 200 € bill).
By the way, some countries decided to stop minting the 1 and 2 cents coins, that they find useless.
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#10
Joined: Jan 2003
Posts: 2,330
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In September at the SNCF office at CDG terminal 2 I saw a young man pay for his ticket with a 500euro note.
There was a bit of commotion around it. The note was taken away and (I assume) examined.
Nothing like advertising you're carry a LOT of cash, eh?
There was a bit of commotion around it. The note was taken away and (I assume) examined.
Nothing like advertising you're carry a LOT of cash, eh?
#11
Joined: Jun 2004
Posts: 1,476
Likes: 0
It really is too bad that in the US we couldn't get rid of the dollar bill, much less the penny, but we all know the story of the dollar coins here.
I personally find the 1 Euro coin to be a lot more convenient than fishing into the moneyclip for "ones" as I have to do here but I guess that's part of the adventure of travel IN THE U.S.!!!!!
I personally find the 1 Euro coin to be a lot more convenient than fishing into the moneyclip for "ones" as I have to do here but I guess that's part of the adventure of travel IN THE U.S.!!!!!
#13
Joined: Jan 2003
Posts: 15,749
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Add me to the list that thinks the 2 euro cent coin is silly. I have noticed how many things are rounded up and I seem to accumulate very few 1 or 2 euro cent coins while in Europe, unlike in the States where I seem to accumulate pennies by the hundreds! I think the main difference is that in Europe they include the tax so they make the final price an even number or rounded off to 5, but in the States, they add the tax making more things come out to a total in odd numbers of cents.
#14
Joined: Jan 2003
Posts: 74,699
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Hi giselle,
If you get a sheet of logarithmic graph paper you will see that the distance from 1 to two, from two to five and from five to ten are almost the same.
1, 2, 5, 10, 20, 50, 100 allows for the most combinations with the least number of coins or bills.
The US used to have a 2 ct coin as well as a $2 bill.
If you get a sheet of logarithmic graph paper you will see that the distance from 1 to two, from two to five and from five to ten are almost the same.
1, 2, 5, 10, 20, 50, 100 allows for the most combinations with the least number of coins or bills.
The US used to have a 2 ct coin as well as a $2 bill.




