Fifty-heller coin no longer tender from midnight Sunday

The Czech Republic’s smallest coin, the 50-heller piece, ceases to be legal tender at midnight on Sunday. The aluminium coin, which weighs less than one gram, is worth half a crown. Analysts say they do not expect an increase in prices in the wake of the coin’s demise. There are believed to be over 400 million 50-heller pieces in circulation. The coin and the 20-crown note, which also ceases to be tender on September 1, can be changed at high street banks for a period of one year. After that it will be only possible to change them at the Czech National Bank, until August 2014.

Author: Ian Willoughby