For cash transactions, retailers are increasingly adopting symmetrical rounding , where totals are rounded up or down to the nearest five cents. Digital and non-cash transactions still use exact cent increments. The Looming "Nickel Problem"
In 2024, each penny cost approximately 3.69 cents to produce and distribute. This resulted in an annual loss of roughly $85.3 million for the Treasury. penny nickels
With the penny retired, the nickel is now the lowest-denomination coin, leading to debate over its long-term viability. Report Elimination of the Penny: Cents-able Considerations For cash transactions