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<p>[QUOTE="chrisild, post: 1088386, member: 39"]Sounds like a perfectly normal way to me. Once new notes or coins have been issued, the older ones may be used for a transitional period, and are then taken out of circulation. At least here in Europe pretty much every country does that - and we are not talking about currency reforms here.</p><p><br /></p><p>And yes, in some cases that even means the older pieces cannot be redeemed any more. In the UK for example, the Bank of England will redeem pound sterling notes "forever"; not coins however. In Switzerland many old franken/franc coins and notes are not legal tender any more, but most can still be exchanged into current money. All this has been common for many years, and the redemption periods are not in any way secret. If you don't like the concept, don't bring foreign cash back home, or use plastic only. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1088386, member: 39"]Sounds like a perfectly normal way to me. Once new notes or coins have been issued, the older ones may be used for a transitional period, and are then taken out of circulation. At least here in Europe pretty much every country does that - and we are not talking about currency reforms here. And yes, in some cases that even means the older pieces cannot be redeemed any more. In the UK for example, the Bank of England will redeem pound sterling notes "forever"; not coins however. In Switzerland many old franken/franc coins and notes are not legal tender any more, but most can still be exchanged into current money. All this has been common for many years, and the redemption periods are not in any way secret. If you don't like the concept, don't bring foreign cash back home, or use plastic only. :) Christian[/QUOTE]
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