In a move to reduce the need for one and two cent coins, the Central Bank of Ireland has announced the country will begin rounding cash transactions to the nearest five cents, starting tomorrow.

One and two cent coins will remain active monetary units in Ireland, though they will no longer be put into circulation.

Shops will not be required to round-up, though most will according to a 2013 study which showed 85 percent of consumers and 100 percent of retailers in the Wexford area were for a national round-up.

“The reaction so far to rounding has been fantastic,” said Ronnie O’Toole of Ireland’s Central Bank. “As a country, we are good at making changes like this. We migrated to the euro ahead of most other countries, and the indications so far are that consumers and retailers alike will embrace Rounding.”

Individual items in any given purchase will not be rounded up, rather the total sum of a purchase.

The cost to produce one and two cent coins is higher than the value of the coin. In production, 65 cents are lost for every one cent coin made, and .94 cents are lost for each two cent coin.

Charities such as Make-a-Wish and Change for Charity are attempting to use the round up to their benefit. Change for Charity is holding “National Coin Week,” which will take place Nov. 2-8. During the week, individuals and organizations can donate their old coins to the charity by dropping them into collection boxes at any Allied Irish Bank or Bank of Ireland. The money will then go to the Irish Heart Foundation, Irish Autism Auction, St. Francis Hospice, GAISCE and Harold’s Cross & Blackrock.

Ireland will join other EU member states, such as Belgium, Denmark, Finland, Hungary, The Netherlands and Sweden in adopting this policy.