Estonia avoids minting costs by repatriating 1- and 2-cent euro coins, ensuring a two-month supply without producing more.
The Eesti Pank proposes rounding rules for 1- and 2-cent coins, impacting final purchase prices rather than individual item costs.
Small coins have a significant environmental footprint, with limited circulation and composition involving non-renewable resources.
Contrary to popular belief, paying with cash is more environmentally friendly than digital alternatives, according to Google's response.
Estonia incentivizes coin redemption through post offices, achieving a goal of one million coins in just 10 days.
During the third quarter of 2023, Estonia issued millions of coins and banknotes, with a significant percentage in low denominations.
Estonia observes fluctuations in banknote circulation, with withdrawals decreasing and a substantial number of notes being returned to the central bank.