This has bothered me slightly the last seven weeks I've been in Canada. Why is there still 1 cent coins? Do anyone actually care about that amount of money? It just keep collecting and making my wallet a lot thicker than it needs to be. I've just kept emptying it from all these and the 5 and 10 cents coins too, and put them into the drawer. Now I probably have a large enough heap so that I will need excessive baggage on the flight back home
1 cent CDN is roughly 5-6 öre (1 öre = 0.01SEK). For maybe 7-8 years ago or so we got rid of the 10 öre coins in Sweden and today the lowest valued coin is worth 0.5 SEK or roughly 10 cent CDN / 8 cent US, and I can't say I even care for these. SO why do both Canada and the US still use 1 cent coins?
Btw, why are the US and Canadian 1 cent coins so similar? Roughly one out of ten of the 1 cent coins I get turns out to actually be US coins.
1 cent CDN is roughly 5-6 öre (1 öre = 0.01SEK). For maybe 7-8 years ago or so we got rid of the 10 öre coins in Sweden and today the lowest valued coin is worth 0.5 SEK or roughly 10 cent CDN / 8 cent US, and I can't say I even care for these. SO why do both Canada and the US still use 1 cent coins?
Btw, why are the US and Canadian 1 cent coins so similar? Roughly one out of ten of the 1 cent coins I get turns out to actually be US coins.