Currency common denominations

Common denominations of currency represent the most frequently used numerical representations of a specific currency, such as $1.00 for the USD. When price rounding is enabled, prices are automatically adjusted to the nearest common denomination for each currency.

For instance, let's consider the conversion from USD to CAD (United States Dollar to Canadian Dollar). The common denomination for CAD is $1.00. Suppose we have a product, like a t-shirt, priced at $64.99 USD in the primary market. When this price is converted to CAD using the real-time exchange rate (assuming $1.00 USD = 1.25 CAD), the equivalent price would be $81.24 CAD. If price rounding is enabled, the selling price of the t-shirt in the Canadian market would be rounded up to the nearest common denomination, resulting in a price of $82.00 CAD.

The table provided below displays a comprehensive list of various currencies along with their respective symbols and rounding rules. Common denominations of currency represent the most frequently used numerical representations of a specific currency. Rounding rules are applied when prices are adjusted to the nearest common denomination for each currency. Please note that the rounding rules mentioned in the table may be subject to specific regulations or practices in each country or region. The information presented here serves as a reference for understanding the common denominations and rounding rules associated with different currencies.