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The Euro versus the $

The Euro versus the $

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Old Apr 23rd 2003, 8:24 am
  #46  
Sjoerd
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Default Re: The Euro versus the $

"Hatunen" schreef in bericht
news:[email protected]...
    > The Finns, for one, don't even bother with one euro coins.

One euro *cent* coins. And two *cents* also, as far as I know.

Sjoerd
 
Old Apr 23rd 2003, 11:11 am
  #47  
Wolfgang Schwanke
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"Mxsmanic" wrote in
news:[email protected]:

    > I agree. And people have been whining about the low value of the euro
    > cent since the currency first went into circulation, even though it is
    > often worth more than the lowest denominations of the national
    > currencies it replaced, and even though it is worth more than a U.S.
    > cent (currently).

Where have they been whining? There are several complaints or should we say
"cultural adaptions" about various aspects of the Euro. The Greek,
Italians, Spanish and Portugese seem to have problems with the concept of
cents, because they all had "unlearned" how to deal with fractions of
currency units long ago. The Fins have abolished 1 and 2 cent coins, mainly
for the reason that they'd done the same with the Finnmark before
(pointless IMHO). The Austrians wished they had a 2 Euro note, probably
because there used to be a Schilling note of similar value.

No complaint about the "low" value of the cent as such, AFAIK. A lot of
complaints about hidden price rises which took advantage of the difficulty
many people had comparing before/after prices. But that's a different cup
of tea.

The Euro is worth more than any of the previous national currencies anyway,
and the main psychological problems associated with it that the new prices
have lower numbers and thus everything "seems so cheap" when it really
isn't.

    > Yes. But you have to wonder why the currency would be divided into
    > 100 parts if the individual parts didn't have enough value to ever be
    > used by themselves.

To give exact change for those popular .99 prices

Regards

--
Ein Stück weit den Hut aufhaben heißt gut aufgestellt sein.
 
Old Apr 23rd 2003, 1:10 pm
  #48  
Arwel Parry
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Default Re: The Euro versus the $

In message , Wolfgang Schwanke
writes
    >The Euro is worth more than any of the previous national currencies
    >anyway,

except the Irish pound (and the UK pound if that ever joins).

    >and the main psychological problems associated with it that the new
    >prices have lower numbers and thus everything "seems so cheap" when it
    >really isn't.

or in Ireland prices look more expensive...

--
Arwel Parry
http://www.cartref.demon.co.uk/
 
Old Apr 23rd 2003, 6:01 pm
  #49  
Darkginger
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Default Re: The Euro versus the $

Wolfgang Schwanke wrote



    > The Euro is worth more than any of the previous national currencies
anyway,
    > and the main psychological problems associated with it that the new prices
    > have lower numbers and thus everything "seems so cheap" when it really
    > isn't.

Except in Ireland, where - uniquely - the Euro is worth less than the
previous unit of currency - the Irish pound, or punt (1.27 Euro to the
punt). Everything seems more expensive to us (and often IS more expensive!),
but conversely, our salaries seemed to take a boost! Funny how they don't
stretch as far as they used to...

Jo
 
Old Apr 23rd 2003, 6:06 pm
  #50  
Darkginger
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Arwel Parry wrote in message
news:[email protected]...
    > In message , Wolfgang Schwanke
    > writes
    > >The Euro is worth more than any of the previous national currencies
    > >anyway,
    > except the Irish pound (and the UK pound if that ever joins).
    > >and the main psychological problems associated with it that the new
    > >prices have lower numbers and thus everything "seems so cheap" when it
    > >really isn't.
    > or in Ireland prices look more expensive...

Oops, hadn't got this far before posting my response...ah well...

Jo
 
Old Apr 23rd 2003, 6:50 pm
  #51  
Wolfgang Schwanke
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Default Re: The Euro versus the $

Arwel Parry wrote in
news:[email protected]:

    > In message , Wolfgang Schwanke
    > writes
    >>The Euro is worth more than any of the previous national currencies
    >>anyway,
    >
    > except the Irish pound (and the UK pound if that ever joins).

Sorry for forgetting Ireland.

Regards

--
Ich gebe zu ich war am Anfang entzückt
 
Old Apr 23rd 2003, 8:05 pm
  #52  
Tim
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Default Re: The Euro versus the $

    >The Austrians wished they had a 2 Euro note, probably
    > because there used to be a Schilling note of similar value.

True, everyone complains : "I have so many more heavy coins in my wallet
since the Euro..." moan moan moan.
Then I ask, "ok, show me how many coins you *actually* have there now".
Followed nearly always by an embarrassed cough .."ah, well, I don't actually
have many coins in my wallet at the moment...".
Sort of group hysteria.
Tim.
 
Old Apr 23rd 2003, 9:28 pm
  #53  
Mxsmanic
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Default Re: The Euro versus the $

"Darkginger" a écrit dans le message de news:
[email protected]...

    > Everything seems more expensive to us ...

Good! At least that discourages inflation.
 
Old Apr 23rd 2003, 11:38 pm
  #54  
Barbara Vaughan
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Default Re: The Euro versus the $

Hatunen wrote:
    >
    > On Wed, 23 Apr 2003 22:24:57 +0200, "Sjoerd"
    > wrote:
    >
    > >
    > >"Hatunen" schreef in bericht
    > >news:[email protected]...
    > >> The Finns, for one, don't even bother with one euro coins.
    > >
    > >One euro *cent* coins. And two *cents* also, as far as I know.
    >
    > Oops. Of course.

I was about to suggest that they send their discards to me.

Barbara
 
Old Apr 24th 2003, 10:35 pm
  #55  
Stelios Zacharias
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Default Re: The Euro versus the $

On Thu, 24 Apr 2003 10:05:40 +0200, "Tim"
wrote:

    >>The Austrians wished they had a 2 Euro note, probably
    >> because there used to be a Schilling note of similar value.
    >True, everyone complains : "I have so many more heavy coins in my wallet
    >since the Euro..." moan moan moan.
    >Then I ask, "ok, show me how many coins you *actually* have there now".
    >Followed nearly always by an embarrassed cough .."ah, well, I don't actually
    >have many coins in my wallet at the moment...".
    >Sort of group hysteria.


hmmm

Currently my pocket holds:

2 E 1 coin
1 E 3 coins
50C 1 coin
20C 4 coins
10C 1 coin
5 C
2 C 1 coin
1 C

Current value of pocket coin contents: 6.42 Euros or 2,188
Drachmas. By no means the most coins I have had in my pocket.

This compares favourably with the maximum coinage I have had in
my pockets in Drachmas, of about the same value - enough for
cinema entrance and a coke, but weighing a (metric) shed-load
more. Euro coins are not heavy.

Stelios "datapoint" Zacharias


--

The address in the headers is real and does not need de-mungeing
 

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