ELCOM Euro-50T Mini, User Manual

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12
Introduction
Dual display
The dual display of prices, payments and other values is the depiction and introduction of prices simultaneo-
usly in the national currency as well as in the euro currency according exclusively to the fixed exchange rate
and other regulations for the changeover from national currency to the euro. Thus, prior to the day the euro
is launched, monetary sums presented in the national currency are for informational purposes introduced
also in euros, and from the day the euro is launched, including the day of its launch, sums presented in
euros are for informational purposes, also shown in the national currency.
Dual cash circulation
The period of dual cash circulation is designated as a temporary period of cash circulation which begins on
the day the euro is introduced and during which, by law, all cash payments may be made in any valid euro
banknotes and coins, including commemorative euro coins, which were issued by the European Central
Bank, the National Bank, elsewhere in the eurozone or in participating third-party states, and at the same
time valid national banknotes and coins, including commemorative national coins which were issued by the
National Bank and which were valid on the day the euro was introduced.
Primary currency
The primary currency is the currency in which all important financial calculations are made and which, for
the authorised period of transfer to the euro currency, is valid by law in the particular country.
Foreign (secondary) currency
The foreign or secondary currency is an optional other currency serving for the making of payments and
withdrawals concurrently with the primary currency. The cash register allows the recording of withdrawals
and payments for one foreign currency. The foreign currency can be the euro currency or another, such
as, for example, the U.S. dollar. During the phase of dual circulation of the euro currency and the national
currency, however, the foreign currency must be the national currency.
Dual currencies
The currency serving for informational calculation and display of monetary sums. It is generally not possible
to make payments, deposits or withdrawals in this currency. This does not apply if the dual currency is iden-
tical to the foreign currency (dual cash circulation).