1 cent euro coins

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1 cent euro coins are made of a steel core plated with copper. They have a diameter of 16.25 mm, a 1.67 mm thickness and a mass of 2.30 grams. All coins have a common reverse side and country-specific national sides.

Finnish and Dutch businesses and banks employ a method known as "Swedish rounding" when tallying sums. Due in large part to the inefficiency of producing and accepting the 1 cent and 2 cent coins, Finland has opted to remove these coins from general circulation in order to offset the cost involved in accepting them.

While individual prices are still shown and summed up with € 0.01 precision, the total sum is then rounded to the nearest € 0.05. Sums ending in € 0.01, € 0.02, € 0.06 and € 0.07 are rounded down to the nearest 5 cents; sums ending in € 0.03, € 0.04, € 0.08 and € 0.09 are rounded up to the nearest 5 cents.

The 1 cent and 2 cent coins are legal tender and are still minted for collector sets as required by the European Monetary Union (EMU) agreement.

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