#1-Countries Coins Hundredths
Countries with money that doesn’t break into hundredths.
If you already read Cheesie Mack Is Not a Genius or Anything, you know that a very special coin is an important part of the story. While I was writing about coins, I wondered whether any country breaks its money into anything other than 100 pieces?
So I wrote:
The word “cent” is almost the same as the word “century” (one hundred years, duh!) and means that there are one hundred of them in every dollar. I don’t know where the word “penny” comes from—and neither does anyone else. I looked it up. But there are pennies in England, and I’m guessing that there are one hundred of them to the pound or euro or whatever the people in England use for money. I wonder if every country uses money that breaks into one hundred smaller pieces. If you know of a country that doesn’t, please go to my website. I’m making a list.
Here’s what I found out. In North America, money is split into hundredths:
1 dollar (USA) = 100 cents
1 dollar (Canadian) = 100 cents
1 peso (Mexican) = 100 centavos
The Canadian dollar and the US dollar are worth almost the same amount, so American and Canadian pennies (which is what people in both countries usually call their one-cent coins) are just about equal in value. The Mexican peso, however, is worth only about eight cents (or at least it was when I wrote this), so:
1. It takes 12 or 13 centavos to be equal to just about one cent (US or Canadian).
2. And because one centavo is worth so little, the smallest Mexican coin is five centavos, which is equal to less than one cent! In fact, even the five- and ten-centavo coins are rarely used. I have heard that the 50-centavo coin is the smallest in regular circulation.
3. Therefore, even though Mexico breaks its peso into 100 centavos, there’s really no such thing as one centavo.
So, Mexico sort of does count.
If you know of a country that does not break its currency into hundredths, please let me know by commenting below.
AMERICA JK HEHE
england
No way…100 pence to the pound. But 51 years ago, you would’ve been correct! Prior to 1971, the pound was divided into 20 shillings and each shilling into 12 pence, making 240 pence to the pound.
please reply cheesie.
by the way your books are awesome
lebanon and armenia.
i should know im armenian and my cousins liv in lebanon
Nope.
Not Armenia. I looked it up and the Armenian dram, which is their monetary unit is divided into 100 luma.
And sort of not Lebanon. The Lebanese pound is their currency unit of Lebanon. It is divided into 100 piastres. BUT…no one uses the piastres anymore! So you’re kind of correct.
russia
Nope. See comment below here:
http://cheesiemack.com/not-a-genius/countries-coins/comment-page-1/#comment-498
Paris
Paris is not a country. And France uses the euro. And there are 100 euro cents to the euro.
lol, really? Since when is Paris a country?
In my history class, the teacher asked what country the city of Baghdad was in, and some clueless person said:
“France!…no wait, that’s a city!”
And then the teacher facepalmed.
When I read your comment I laughed so loud.
lol!!!
PANGIA
I THINK!!
If you’re talking about Pangaea, that land existed 300 million years ago! Long before there were any humans anywhere!
pangia?(haha)china,like old china?
Yugulavia
Nope. First, Yugoslavia no longer exists. And when it did, its money was the dinar, which was divided into 100 para. (I looked it up.)
Rome?
If you mean modern Rome, it’s part of Italy. But if you mean ancient Rome, you’re right! Roman coins came in all sorts of sizes and values. For example, in the last years of the Roman Empire, one solidus was worth 7200 nummi. You can look it up: http://en.wikipedia.org/wiki/Roman_currency
cool!thankes!
how many yen go into a dollar?
About 80 yen to the dollar as of today. Want to know how many Albanian leks or Panamanian balboas there are in a dollar? Here’s a website that converts any currency into any other: http://www.xe.com/ucc/
The Japanese yen does sort of break into hundredths and even thousandths but the only bills and coins Japan makes are marked “yen” and not fractions of the yen.
Coins. ¥1, ¥5, ¥10, ¥50, ¥100, ¥500
Banknotes ¥1000, ¥2000, ¥5000, ¥10000
The Japanese yen (円 or 圓 en) (sign: ¥; code: JPY) is the official currency of Japan. It is the third most-traded currency in the foreign exchange market after the United States dollar and the euro.[1] It is also widely used as a reserve currency after the U.S. dollar, the euro and the pound sterling. As is common when counting in East Asia, large quantities of yen are often counted in multiples of 10,000 (man, 万) in the same way as values in Western countries are often quoted in thousands.
Just like I replied about Taiwanese money, you’re sort of right about Japan. The yen officially divides into 100 sen, but sen coins haven’t been used since 1953. So really, one yen can’t be divided into anything. Good job!
I meant taiwanese money in public circulation.
well actuality chikanoria dosent (most likely because its my litte made up world) <:
old fashioned Ukraine (when they used the cupon)
I cannot find out anything about the old Ukrainian currency. Tell me more.
Taiwan. I know for certain because my mother is from Taiwan.
You’re sort of right, but not exactly. The New Taiwan Dollar is actually divided into 100 cents (分, Fen), but the cents are never used in stores. They are only used in calculations.
How do I know this? I looked it up:
http://en.wikipedia.org/wiki/New_Taiwan_dollar
Whoa! You can do look up the computer!
JK
north korea, south korea
Nope. North Korea use the won which is divided into 100 chon. South Korea also uses the won, which they divide into 100 jeon.
Russia, Turkey, India
Nope. I looked them up.
The Turkish lira is divided into 100 kuruş. The Russian ruble is subdivided into 100 kopeks. And the Indian rupee is subdivided into 100 paise.
ISRAEL doesnt
Nope. I looked it up. There are 100 agoras (or maybe its agorim) in each shekel.
http://en.wikipedia.org/wiki/Israeli_new_shekel
Morroco doesnt break into hundreths.
Really? I looked it up in Wikipedia and it says that Morroco breaks 1 Dirham in 100 SANTIMAT. Maybe you have other info?