In Australia, we currently have a curious system. The smallest unit of
currency is 1 cent (AU$ 0.01), which is what bank accounts are kept in.
However, the smallest coin is 5 cents. All cash transactions are rounded
to the nearest 5 cents.

Thus, the denominator for your fractionalised representation must be able
to cope with 1/100 for bank accounts, but 1/20 for cash accounts of the
same currency, and be able to convert between them...

Ben.



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