Cent (currency) - Usage

Usage

Mints all over the world usually create coins with values between the equivalent of approximately US$0.05 and US$5, while reserving banknotes for higher values. As inflation lowers the value of currencies, many have replaced the lowest-valued banknotes with coins (Canadian dollar, Australian dollar, pound sterling), removed the lowest-valued coins from circulation, and/or introduced higher-valued bills. The US dollar is a notable exception, using a $1 bill along with a (less-popular) coin, whereas all other industrialized nations use solely a coin for the approximate equivalent value (and greater).

Other monetary unit subdivision systems are possible, such as the British pound sterling, which until decimalisation in 1971 was subdivided into 20 shillings (s), of 12 old pence (d) each, making a pound equivalent to 240 pence.

Examples of currencies around the world featuring centesimal (1⁄₁₀₀) units called cent, or related words from the same root such as céntimo, centésimo, centavo or sen, are:

• Argentine peso (as centavo)
• Aruban florin
• Australian dollar
• Barbadian dollar
• Bahamian dollar
• Belize dollar
• Bermudian dollar
• Bolivian boliviano (as centavo)
• Brazilian real (as centavo)
• Brunei dollar (as sen)
• Bulgarian lev (as stotinka, Bulgarian: стотинка, "hundredth", from the same PIE root as centum)
• Canadian dollar (as sou or cenne in French-Canadian)
• Cayman Islands dollar
• Cuban peso (as centavo)
• East Caribbean dollar
• Eritrean nakfa
• Estonian kroon (as sent)
• euro - the coins bear the text EURO CENT; Greek coins have "ΛΕΠΤΟ" ("lepto") on the obverse of the one-cent coin and "ΛΕΠΤΑ" ("lepta") on the obverse of the others. Actual usage varies depending on language.
• Fijian dollar
• Guyanese dollar
• Hong Kong dollar
• Indonesian rupiah (as sen)
• Jamaican dollar
• Kenyan shilling
• Liberian dollar
• Lithuanian litas (as centas)
• Malaysian ringgit (as sen)
• Mauritian rupee
• Mexican peso (as centavo)
• Moroccan dirham (as santim)
• Namibian dollar
• Netherlands Antillean gulden
• New Zealand dollar
• Panamanian balboa (as centésimo)
• Philippine peso (as centavo)
• Seychellois rupee
• Sierra Leonean leone
• Singapore dollar
• South African rand
• Sri Lankan rupee
• Surinamese dollar
• Swazi lilangeni
• New Taiwan dollar
• Tanzanian shilling
• Tongan paʻanga (as seniti)
• Trinidad and Tobago dollar
• Ugandan shilling
• United States dollar
• Uruguayan peso (as centésimo)
• Zimbabwean dollar

Examples of currencies featuring centesimal (1⁄₁₀₀) units not called cent

• British pound - divided in 100 pence
• Croatian kuna - divided into 100 lipa
• Czech koruna - divided into 100 haléřů (sg.: haléř)
• Danish krone - divided into 100 øre
• Indian rupee - divided into 100 paise
• Israeli new shekel - divided into 100 agorot
• Macao pataca - divided into 100 avos
• Macedonian denar - divided into 100 deni
• Norwegian krone - divided into 100 øre
• Pakistani rupee - divided into 100 paise
• Polish złoty - divided into 100 groszy (sg.: grosz)
• Romanian and Moldovan leu - divided into 100 bani
• Russian ruble - divided into 100 kopeks
• Serbian dinar - divided into 100 paras
• Slovak koruna - divided into 100 halierov (sg.: halier)
• Swedish krona - divided into 100 öre
• Swiss franc - divided into 100 rappen (known as centime in French and centesimo in Italian)
• Thai baht - divided into 100 satang
• Turkish Lira - divided into 100 kuruş
• United Arab Emirates Dirham - divided into 100 fils
• Ukrainian hrywnia - divided into 100 kopijkas.

Examples of currencies which do not feature centesimal (1⁄₁₀₀) units:

• Japanese yen - no fractional denomination in circulation, formerly divided into 100 sen and 1000 rin.
• Kuwaiti dinar - divided into 1000 fils
• Omani rial - divided into 1000 baisa
• Mauritanian ouguiya - divided into 5 khoums
• Malagasy ariary - divided into 5 iraimbilanja

Examples of currencies which use the cent symbol for other purpose:

• Costa Rican colón - The common symbol '¢ ' is frequently used locally to represent '₡', the proper colón designation