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Price Rounding to go Nationwide

Posted on June 18, 2015

After a trial in Wexford in 2013 – the government has now announced that  ” price rounding”  will be rolled out across Ireland to help reduce the amount of  1c and 2c coins. Update :  The start date of Price Rounding Confirmed Price rounding will mean that all bills (cash payment only) will be rounded […]
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Categories: Central Bank, Coins, Price Rounding

Tags: rounding

 

Removal of 1c and 2c Coins to be Trialled in Wexford

Posted on September 4, 2013

Getting Rid of 1 cent and 2 cent Coins In Ireland the  one and two cent coins are not actively used by consumers and are expensive to produce . In other EU countries  including the Netherlands and Finland, low denomination coins have effectively been removed from circulation through the use of the rounding rule. With […]
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Categories: Central Bank, Coins

 

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