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.
South African currency is extremely user friendly as notes are clearly market and are different in color, making each note distinctive and easily recognizable. The currency in South Africa is Rand (ZAR) and cents. Bank notes in South Africa are: R10, R20, R50, R100, R200 and R500 and coins range in 5c, 10c, 20c, 50c, R1, R2 and R5 value. One South African Rand is equal to a hundred cents, and can therefore be calculated accordingly.