Tuesday, 9 November 2010

Finally Getting Used to These Coins


Another thing that I didn’t foresee before coming here was the adjustment that I would have to make to a different currency in the UK.  Sure, I was aware of the exchange rate and the difference in coins and bills, but I didn’t think I would be as slow as I was giving change to a cashier because I couldn’t identify the coins quickly enough.  The coins also come in different denominations: 1p,2p,5p,10p, 20p, 50p, £1, and £2.  The £2 coin especially throws me off – for a coin, it has a lot more purchasing power (over $3) than what I am used to in the States.  The denominations for the bills are similar: £5, £10, £20, and £50.  However, they are worth a lot more due to the exchange rate (but somewhat negated by the high price level in central London).