Cryptocurrency Q&A
Do they use 1 & 2 cent coins in the Netherlands?
Do they use 1 & 2 cent coins in the Netherlands?
Carlo
Sun Jun 23 2024
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6 answers
1801
Excuse me, I'm curious about the currency practices in the Netherlands. Specifically, I've been wondering if they still utilize 1 and 2 cent coins in their daily transactions. I understand that with the rise of digital payments and the overall economic trends, some countries have phased out smaller denomination coins. So, I'm interested to know if the Netherlands is among those that have done so, or if they continue to circulate these coins as part of their currency system. Could you please elaborate on this matter?
6 answers
KDramaLegendaryStarlight
Tue Jun 25 2024
For instance, if an item costs 3.99€ in Germany, you would pay exactly that amount.
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Martina
Tue Jun 25 2024
However, in the Netherlands, you would pay 4€ since there are no one and two cent coins.
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ShintoSanctum
Tue Jun 25 2024
In the Netherlands, there is a unique currency practice compared to other European countries.
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Carlo
Tue Jun 25 2024
Similarly, if the price were 4.02€, it would be rounded down to 4€, rather than up, adhering to this rounding convention.
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Davide
Tue Jun 25 2024
Specifically, the Dutch do not utilize one and two cent coins in their daily transactions.
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