Wednesday, November 14, 2007

Bye Bye One Sen Coins ... and its no April's Fool Joke!

Well is official now, we can throw all our One Cent (One Sen) coins away!! As of 1 April 2008 one cent coins will no longer be considered a legal tender in Malaysia!! YAY!!




Then we don't need to pay and carry around one cent coins anymore, not that anyone nowadays carries one cent coins. I think its more of when we go to retail stores or F&B outlets that gives back change ... example here's your change RM10.08 ... what do you do with the Eight Cents?


I think most people don't even keep it anymore!!





Some facts you most probably won't know about the 1 sen coin. Its the longest coin used in Malaysia, which has been in tender for over 162 years. And if you wanna read more about the history of one sen coins, go check out what Danny Tan our numismatist says.





So how does this Bye Bye to 1 Sen coins effect us. Take note that in the very near future all transactions will be rounded up. The Table





Actual - Rounded

RM88.01/02 - RM88.00

RM88.03/04 - RM88.05

RM88.06/07 - RM88.05

RM88.08/09 - RM88.10











SO start a new habit, start carrying 5 cents!! :)











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12 comments:

cdason said...

Need to change my one cents to ringgit... don't want to wait for it to become just like my RM1 coins.. I gout at least RM10 of it kept in my closet, lying worthless.

delephant said...

Have fun counting them!! I dont think the banks are gonna count them for u!!

Speaking of which, i think i need search my car and cupboards too!! Mebbe a fortune awaits me!! :)

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