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<p>[QUOTE=&quot;davidh, post: 2682900, member: 15062&quot;]Canada has done away with the 1 cent coin (rounding transactions to the nearest 5 cents) and will soon scrap the 5 cent coin (rounding transactions to the nearest 10 cents). In addition to that, Canada no longer issues $1 or $2 paper bills, having replaced those denominations with metallic coinage over a decade ago.&nbsp; The European Union still have 1, 2 and 5 cent coins (1.2, 2.4 and 6 US cent equivalent) but Finland and Belgium have eliminated the 1 and 2 cent coins (rounding transactions to the nearest 5 cents) and other nations may follow soon.&nbsp; The EU also eliminated the paper 1 and 2 Euro bills, replacing them with metallic coins.</p><p>They use the more logical 1-2-5 ratios for their monies; 1, 2, 5, 10, 20 and 50 cent and 1 and 2 euro coins, plus 5, 10, 20, 50, 100, 200 and 500 Euro notes.</p><p><br /></p><p>If the rest of the world can survive this why can&#039;t we?[/QUOTE]</p><p><br /></p>

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