The people of Quebec’s Gaspé region in Canada found out an interesting way of exchanging their large currency for smaller ones and happily using them as a new currency. CBC News reports that people are cutting the larger bills, for instance cutting down $20 bills into two, and using the two parts as $10 bills. They also named it “demi” and local stores are now starting to accept and use demi.
Although the trend is not yet made illegal, Bank of Canada spokeswoman Josianne Ménard said that “The Bank of Canada feels that writing and markings on banknotes or mutilating them [is] inappropriate as they are a symbol of our country and a source of national pride,”
Yet, it is an interesting practice developed by the people of Quebec’s Gaspé region, nice going.
