Sunday, November 14, 2010

Stuff about Germany: Money

One of the biggest differences I've noticed in Germany is the money. Because of the adoption of the Euro, German money is the same money used in a bunch of other countries. I haven't been to these other countries (aside from Iceland, and that hardly counts - any place you're in for less than an hour does not count as a real visit).

The Euro comes in a bunch of denominations. In Canada, most people will see the $100, $50, $20, $10 and $5 bills. Canada used to have $2 and $1 bills, but these were changed out for coins years ago. In Euros, you have the same bill denominations as in Canada. No bills lower than 5 euros. Simple. Main difference is the smaller the bill, the smaller the size of the bill. The 10 euro is pretty tiny - about the size of Monopoly money. The 5 euro is smaller than that, maybe the size of pretend Monopoly money - you know, the stuff you get at the dollar stores.

The 20 Euro is close to the size of a regular Canadian bill. Thus, the 50 and 100 euro are larger. It feels a bit strange, but you can get used to it pretty quick. For me, it means having to work out a new system for my pocket money, since I used to sort it somewhat in the way a blind person might. By folding bills in different ways, or failing that, by simply remembering what I had in my pocket and where.

Coins are another things. Canada has a pretty standard set of coins. $2, $1, $0.25, $0.10, $0.05, and $0.01. Six coins in all. There is the occasional half-dollar coin that you can find, but these are more collectors items, and there's no machine that will take them. Cashiers look at you like you are crazy if you try to use them to buy things too.

Coins in Canada vary in size with the $2 being the biggest and the $0.01 the smallest. They go down in size as the value goes down, with the exception being the $0.10. The $0.10 is the smallest coin. I don't know why.

Euro coins come in 2, 1, 0.50, 0.20, 0.10, 0.05, 0.02 and 0.01. That's eight different coins. Most machines will take them all, but some machines reject the 0.20 coin or others - for no real reason that I can see. They also go down in size from the 2 euro, with the 0.50 being bigger than the 1 euro - again, no idea why.

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