- Estonia is phasing out one
- and two-cent euro coins in January 2025, sending them to Latvia under a coin exchange agreement.
- Cash transactions will be rounded to the nearest five cents, but card payments remain exact.
- Retailers support the change for faster, more efficient transactions.
- One
- and two-cent coins remain legal tender but are no longer issued or given as change.
- Higher denominations, including five-cent coins, remain in circulation, with ongoing discussions about replacing the five-euro note with a coin.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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