For example, a price elasticity of alcohol demand of -0.5 means that a 1-percent increase in price would reduce alcohol consumption by 0.5 percent (or a 10-percent increase in price would reduce consumption by 5 percent).
The Local Currency. The Seychelles Rupee (Rs) is the official currency of the Seychelles. One Rupee = 100 cents. The currency is divided into both paper and coin form. Currency is minted in the following denominations.
The money situation in Tanzania at a glance: Tanzaniaâs currency is the Tanzanian shilling (Tsh). There are bills of Tsh10,000, 5000, 1000 and 500, and coins of Tsh200, 100, 50, 20, 10, five and one shilling(s) (the latter three coins are rarely encountered).