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<p>[QUOTE="chrisild, post: 942492, member: 39"]Just fine, as in most countries that have similar pieces (Canada, Switzerland, UK). The €1 and €2 are used normally in every euro country. Guess that in some countries people had to get used to them first (if the highest denomination in the previous currency had a considerably lower value) but now that not an issue any more.</p><p><br /></p><p>It may become one in Estonia in six months; the country will introduce the euro on 1 January, and currently the highest denomination coin in circulation is the 1 kroon piece (~6 cent). €1 is about 15 krooni, 2 euro is 31 krooni. But I am pretty sure they will quickly get used to the idea that coins can actually have some value.</p><p><br /></p><p>Two euro countries have by and large phased the 1 and 2 cent coins out; cash totals are rounded to x.y0 or x.y5 in Finland and the Netherlands. You may still use those small pieces, but they are not actually needed. Wish we would do that here in Germany too ...</p><p><br /></p><p><br /></p><p><br /></p><p>When I went to the US for the first time, I was totally surprised that every note, every denomination, had the very same size. Guess you won't find many countries that do that. Having different colors and different sizes makes paper money much easier to handle in my opinion. What I think is a little exaggerated is that the euro notes "grow" in terms of both height and width. (OK, the height of the "upper three" - €100, €200, €500 - is the same. But the 200s and 500s you hardly ever see in everyday life anyway.) Having different widths only would have been sufficient.</p><p><br /></p><p><br /></p><p><br /></p><p>Those eight denominations are legal tender in the entire euro area, no matter which country issued the coins. (There are also "collector coins", usually silver and gold pieces, which are legal tender in the issuing member state only - but those do not actually circulate.) And the notes all have the same look anyway.</p><p><br /></p><p>When the "Greece crisis" began, a few people would say (when given a note issued by the Greek central bank), please give me notes from elsewhere instead. Guess they did not really understand how a currency union works. <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: 942492, member: 39"]Just fine, as in most countries that have similar pieces (Canada, Switzerland, UK). The €1 and €2 are used normally in every euro country. Guess that in some countries people had to get used to them first (if the highest denomination in the previous currency had a considerably lower value) but now that not an issue any more. It may become one in Estonia in six months; the country will introduce the euro on 1 January, and currently the highest denomination coin in circulation is the 1 kroon piece (~6 cent). €1 is about 15 krooni, 2 euro is 31 krooni. But I am pretty sure they will quickly get used to the idea that coins can actually have some value. Two euro countries have by and large phased the 1 and 2 cent coins out; cash totals are rounded to x.y0 or x.y5 in Finland and the Netherlands. You may still use those small pieces, but they are not actually needed. Wish we would do that here in Germany too ... When I went to the US for the first time, I was totally surprised that every note, every denomination, had the very same size. Guess you won't find many countries that do that. Having different colors and different sizes makes paper money much easier to handle in my opinion. What I think is a little exaggerated is that the euro notes "grow" in terms of both height and width. (OK, the height of the "upper three" - €100, €200, €500 - is the same. But the 200s and 500s you hardly ever see in everyday life anyway.) Having different widths only would have been sufficient. Those eight denominations are legal tender in the entire euro area, no matter which country issued the coins. (There are also "collector coins", usually silver and gold pieces, which are legal tender in the issuing member state only - but those do not actually circulate.) And the notes all have the same look anyway. When the "Greece crisis" began, a few people would say (when given a note issued by the Greek central bank), please give me notes from elsewhere instead. Guess they did not really understand how a currency union works. :) Christian[/QUOTE]
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