Quote:
Originally Posted by Ratman
In Japan we have paper and coins. The coins are roughly equal to .01, .05., .10, .50, 1.00, and 5.00 in US$. The bills start at $10, $20 (though we rarely see these, like the US $2), $50, $100. The ATMs here usually give in increments of 10,000 yen ($100) because this is a very cash based culture. It's not uncommon to walk around with 30,000 yen or more in your wallet, plus 1,000-2,000 yen in coin. I would love for Japan to go to plastic bills. Even though the initial investment in the tech to make them is rather high, they last a hell of a lot longer than paper, which saves money over time. My tax yen at work!
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I've always wondered why the number of Yen is so high. Can you actually buy something for a yen? why not divide everything by 100, or is there a traditional/cultural aspect that I'm missing?
---------- Post added at 09:31 AM ---------- Previous post was at 09:02 AM ----------
Quote:
Originally Posted by dlish
aussies have plastic notes AND metal coins,
we dont use the 1 & 2 cents coins anymore. they went out about the same time the plastic notes came in.
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that's very cool dlish, so I went to find a similar pictorial of our coins.
notes:
- the penny is still used often, mostly because nothing costs just even amounts of money. But they are especially effective as filler for jars and dresser top wicker containers.
- our symbology is:
the penny has a maple leaf (of course)
the nickle has a beaver (of course, I mean, how cliche can you get?)
the dime has a schooner on it (some say represents the famous Bluenose)
the quarter has an elk (not Anne Elk, but an elk)
the half dollar (50 cent piece) has the Canadian coat of arms on it, and I have never seen it used in circulation
the dollar shows a loon (aka & therefore "the loonie")
the 2 dollar coin, looks a lot like a bigger version of the Euro and has a polar bear on it. Again a cliche. The nick name for this is "toonie" as a rip on the loonie. I think I've seen it referenced somewhere in the forum as a "bear-assed Queen" because there is a bear on the backside, with the Queen being on the front. (hahaha). when these coins first came out, lots of folks took pleasure in trying to pop the middle out, until they came to the realization that it rendered their $2 worthless. Yes, we learn quick up in the Great White North!
I see that we have the same Queen depictions, I suppose these are 'official' releases from the Palace. I would like to know more about the reverse symbology on the Aussie coins tho, Is that Darwin on the $2 coin?