rafael_xmr on Nostr: It's time to get used to using monero denominations more! ...
It's time to get used to using monero denominations more! https://www.getmonero.org/resources/moneropedia/denominations.html
Today, 1 mɱ (milinero), which = 0.001 XMR, is worth about $0.23 or 23 cents, if I want to transfer you $10, that would be about 42.8 mɱs or 0.0428 XMR
In a longer time period we could also be using 1 μm (micronero), which = 0.000001, where every 1mɱ fits 1000μɱs, so in today's example $0.5 dollars or half a cent is about 2.14 mɱs or 2140 μms!
Cheat Table:
0.00 1 ,00 XMR = 1mɱ = $ 0.23
0.0 10 ,00 XMR = 10mɱ = $ 2.33
0. 100 ,00 XMR = 100mɱ = $ 23.33
1 .000 ,00 XMR = 1000mɱ = $ 233.33
(I like adding 2 decimals so that it is closer to the current ISO standards and you can use the last digit to round values as it's the least worth decimal)
Today, 1 mɱ (milinero), which = 0.001 XMR, is worth about $0.23 or 23 cents, if I want to transfer you $10, that would be about 42.8 mɱs or 0.0428 XMR
In a longer time period we could also be using 1 μm (micronero), which = 0.000001, where every 1mɱ fits 1000μɱs, so in today's example $0.5 dollars or half a cent is about 2.14 mɱs or 2140 μms!
Cheat Table:
0.00 1 ,00 XMR = 1mɱ = $ 0.23
0.0 10 ,00 XMR = 10mɱ = $ 2.33
0. 100 ,00 XMR = 100mɱ = $ 23.33
1 .000 ,00 XMR = 1000mɱ = $ 233.33
(I like adding 2 decimals so that it is closer to the current ISO standards and you can use the last digit to round values as it's the least worth decimal)