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What is 'Swedish rounding' and where can you find it outside Sweden?

Question #96314. Asked by author.

neelie_447
Answer has 3 votes
Currently Best Answer
neelie_447
17 year member
338 replies

Answer has 3 votes.

Currently voted the best answer.
"Swedish rounding is a method by which the total monetary cost of a purchase is rounded to the closest unit of physical currency."

It's found in Australia and New Zealand.

link https://en.wikipedia.org/wiki/Swedish_rounding

Jun 03 2008, 4:09 PM
author
Answer has 3 votes
author
22 year member
2834 replies

Answer has 3 votes.
We do so in Norway, too.
One of the points with 'Swedish rounding' is that it makes it easier to get rid of small coinage.
Maybe a good idea to get rid of the US (and canadian) penny?

link https://en.wikipedia.org/wiki/Efforts_to_eliminate_the_penny_in_the_United_States

Jun 03 2008, 7:29 PM
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