Saturday, 17 November 2018
BREAKING NEWS

The number of one-yen coins in circulation has fallen sharply in Japan, and the government has stopped minting new …

The number of one-yen coins in circulation has fallen sharply in Japan, and the government has stopped minting new …
21 Sep
7:13

No they haven’t. Thinks are often $x.99 in Australia.

Ahh, so it is! You jogged my memory!

It’s been quite a while since I’ve been home (to Australia), so my memory is a bit sketchy there. Prices are rounded at the point of transaction, right? That said, don’t they often advertise prices in 5cent increments there?

I think I just kinda ‘educated’ myself to only ‘see’ denominations of 5cents after the transition there. Only talking cash-transactions, of course. Hence my confusion. Thanks for clearing it up!

In the case of Japan, the only good thing about the impending GST increase will be that prices will generally be squared off again (at least at the 100YEN shops!).

Source: https://japantoday.com/category/have-your-say/the-number-of-one-yen-coins-in-circulation-has-fallen-sharply-in-japan-and-the-government-has-stopped-minting-new-ones-for-circulation-while-deteriorating-units-are-being-withdrawn.-do-you-still-use-them-much

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