the money situation

+NZ

In the US, we have coins of 1 cent, 5 cents, 10 cents, 25 cents and $1 (sort of).
Our bank notes are $1, $2 (sort of), $5, $10, $20, $50 and $100.
If you see a price at a store that says $29.99, you pay $29.99 plus tax.
For those of us in 6% tax states, that would be $31.79


In New Zealand, they have coins of 10 cents, 20 cents, 50 cents, $1 and $2.
Their bank notes are $5, $10, $20, $50 and $100.
If you see a price at a store that says $29.99, you pay $30.  If you see $22, you pay $22.
All advertised prices INCLUDE TAX.

Additionally, New Zealand rounds up or down to the nearest 10 cents.
$21.03 becomes $21
$21.05 becomes $21.10
$21.08 becomes $21.10


I've been using cash the entire time I've been here and what I've noticed is that I don't have a massive accumulation of change like I would in the US.  Because of inflation (all over the world), New Zealand has effectively removed currency that has virtually no value (the penny and the nickel).  You can actually use your change here.  In my pocket right now I have $4.60, and I have seven coins.

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