Thursday, 03 January 2008

Euro, Day 2

As expected, today’s post is all about the euro… again.

Yesterday afternoon I went out to the supermarket. I needed to buy one item for dinner, and figured it was a chance to try out the new currency on its first business day (as 1st January was a public holiday and virtually all stores were closed).

I had a €50 note from when I last went to the European mainland, which I had kept specifically for €-day. I figured there was no point exchanging it back if the changeover was coming soon. However, I only had €2 worth of food in my shopping basket, so I went around the aisles and tried to get a few non-perishable staples so that I had enough to merit handing over a large denomination to the cashier. I then realised that the ATM’s are giving out €10 and €20 notes, and wondered if €50 would be considered too large.

As I approached the cash points, I heard that before announcing the total, the cashiers were asking “ewro jew Maltin?” (“euro or Maltese liri?”) in order to see with what currency the customer was going to pay. The woman in front of me had a lot of trouble coming up with the right combination of coins and confused the liri total with the euro total. However, nobody was rushing anyone. There was a certain air of camaraderie in the air, with everyone getting used to the coins. As I said last year, it is like being on holiday in another country and not being familiar with the money, except that in this case it is as if the entire Maltese population is on the trip with you. I noted out loud that “ikollok paċenzja llum” (“you need patience today”) and the woman in front of me agreed with an apologetic smile.

When it was my turn to pay, my total came up to €9 and I shyly handed over my €50. The cashier ran it through a little anti-counterfeit device FIVE times. Once in every direction, front and back, and once more just to be sure. It makes sense, since this would be a perfect time for people to pass on fake notes. In fact, just a couple of weeks ago a couple was caught in Sliema paying with fake euro notes, and later the police found thousands of them in their flat. Although even with the liri I had noticed that they always checked every single note at the supermarket to make sure it was real.

I was handed my change slowly, one note and coin at a time. Each one was pointed out individually. Then my total and change where repeated. The cashier spoke like she was teaching a child, not condescendingly at all but rather very educational.

On the way home I stopped at a small food store where I often chat with the cashier. Her register was still issuing receipts in liri and she had to do the conversions to euro with a calculator. This is the same store that waited until the very last day before dual-display was mandatory to label their items in both currencies, so I was not surprised. I did not want to burden such a small shop so I used coins. It was like a game, figuring out what the best combination was. She informed me that “99.9% of people are paying in liri” which made sense since everyone is trying to get rid of them. I asked if this was a headache for her but she said she would get used to it. Then she said she was well-stocked with euros, and proceeded to open the register and show me. Considering the unusually high number of hold-ups in recent weeks (which I attribute directly to the large amounts of cash being distributed as a result of the changeover) that was not very prudent.

And on a last dorky note, I paid her with a combination of Italian, French and German coins left over from the above-mentioned trip, thereby putting them into Maltese circulation. I wonder when will be the first time that I receive a non-Maltese coin as change.

Posted by G at 10:18:37 | Permanent Link | Comments (7) |
Comments
1 - "I noted out loud that “ikollok paċenzja llum” (“you need patience today”) " Certianly. Yesterday we made the mistake of buying a toaster and had to wait for about 15 minutes for the machine where they pass the cards to work :)

I got my euro converter yesterday! :) (Comment this)

Written by: wen at 2008/01/03 - 14:24:55
2 - hehe yesterday I got a 2c euro coin of Ireland as a change.. (Comment this)

Written by: ninuhadida at 2008/01/04 - 13:49:18
3 -

you know, I am really taking it forgranted the whole thing, not because I am super-confident or very knowlegable about money-matters but having lived with the euro for 3 years in Rome, made it easier to get used to. I doubly nostalgic actually: for Rome (where I used the euro) and to a lesser extent for the old currency. I think that I will go back to the liri but then I realise that this is it.

sandi (Comment this)

Written by: sandi at 2008/01/08 - 10:25:22
4 - I miss your posts.

I am interested in your views though I do not agree with some posts.

Do not lay back.

Thank you.

Sandro (Comment this)

Written by: Sandro at 2008/01/18 - 01:14:17
5 - Miss you :( (Comment this)

Written by: wendy at 2008/01/22 - 22:49:41
6 - Missing your posts... (Comment this)

Written by: David at 2008/01/25 - 21:10:47
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7 - what happened where is the man? G wake up! (Comment this)

Written by: Kontra at 2008/03/05 - 16:57:15
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