Friday, June 27, 2008

$$$$$


An interesting thing when you go to any new county is its money.   The money here is no exception.  The smallest coin here is not 1 cent, but 10 cents.  Going up from 10 cents it goes 20 cents then 50 cents.  Another interesting thing is that their lowest bill is the 5 dollar bill.  Because they do not have a 1 dollar bill they have a 1 dollar coin, and a 2 dollar coin (which I like better than the bill).  But the real thing to get used to here with money would be Swedish rounding.  Swedish rounding is a system they use under which items at the store are still marked 93 cents or 57 cents even when they don't have a coin to use to pay the extra cents.  Since they don't have any 1 cent coins to pay it off with they round up or down depending on the cost of the item.
- Damon

3 comments:

  1. Wow that is very different money than what we have.
    Does your mom get confused when she goes shopping?
    Megan Rookud

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  2. hey are smallest coin is 10 cents too! so swedish rounding makes people think it is less money then it is?
    monique(have maddie call me)

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  3. The money is very pretty. I see the Queen of England on it. Does she own New Zealand?

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