Just read from The Star that 1 sen coins would no longer be circulated in Malaysia soon. Everything would be rounded up or down to the next 5 sen. This means if the item is RM20.01, it will be rounded down to RM20 and if the item is say RM20.03 or RM20.04, it would be rounded up to RM20.05. But this is usually a better way as I’ve always ended up with a bunch of 1 sen and 5 sen coins when I shop/ eat in Malaysia. These coins are quite cumbersome and they simply end up in a plastic box in my room till eternity.
This is pretty much how it’s done here in the UAE as well. There are no 1 fils coins here (at least I have never seen any) and business has always been done by rounding the figure. Even 5 fils are a rarity here. But the ‘kiasu’ people of Malaysia may start to lament that they are losing 1 sen each time they buy a burger and that they end up losing RM3.65 if they have to buy a burger every day of the year. As the saying goes – every cent counts!
1 comment:
that's practiced in aussie too... everything is rounded up or down. and it's clearly stated in the receipt...
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