If you live here I’m sure you have noticed that there are no pennies.
In fact, centavos do exist and they remain legal tender. But nobody pays with them.
When you buy a bunch of broccoli at the produce store it may cost R$3.67. But when you get to the checkout counter you will pay just R$3.65.
Or if your new shoes cost R$120.98, you will certainly pay R$121.00
To their credit, stores always round in your favor. But what’s up with the charade of centavos? Why not price to the nearest R$.05?
It’s all a game, I suppose. "It sounds cheaper..."