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Least valuable currency
Where can I find a list of the countries with the least valuable
currency? I am NOT looking for a place to do foreign exchange trading to create fabulous wealth. So, please do not spam me. I am working on a project that is, well... not commercial. So, I am looking for an easy to use source of data. Thanks. |
#2
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Least valuable currency
"KnowledgeSeeker" wrote in message ups.com... Where can I find a list of the countries with the least valuable currency? I am NOT looking for a place to do foreign exchange trading to create fabulous wealth. So, please do not spam me. I am working on a project that is, well... not commercial. So, I am looking for an easy to use source of data. Thanks. Some of the components of what used to be Yugoslavia have undergone reductions so drastic that it almost takes scientific notation (as in ten to the minus x) to express them. Argentina, Brazil, Israel, and no doubt others have experienced the same thing. Many Latin American countries have given up entirely and now deem the U.S. dollar fit for their monetary transactions. James |
#3
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Least valuable currency
On Mar 14, 2:48 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
"KnowledgeSeeker" wrote in message ups.com... Good info. Can you point me to a ranked list somewhere? Where can I find a list of the countries with the least valuable currency? I am NOT looking for a place to do foreign exchange trading to create fabulous wealth. So, please do not spam me. I am working on a project that is, well... not commercial. So, I am looking for an easy to use source of data. Thanks. Some of the components of what used to be Yugoslavia have undergone reductions so drastic that it almost takes scientific notation (as in ten to the minus x) to express them. Argentina, Brazil, Israel, and no doubt others have experienced the same thing. Many Latin American countries have given up entirely and now deem the U.S. dollar fit for their monetary transactions. James |
#4
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Least valuable currency
"KnowledgeSeeker" wrote in message oups.com... On Mar 14, 2:48 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: "KnowledgeSeeker" wrote in message ups.com... Good info. Can you point me to a ranked list somewhere? Each issue of the monthly World Coin News has a half page of nothing but exchange rates, but they are not ranked, nor do they offer any comparison with what the units used to be worth. Before the Euro was adopted by Italy, the lira was worth next to nothing, for example. This site may be of value to you: http://www.x-rates.com/ And no, in spite of the URL, it's not a porn site! 8) James |
#5
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Least valuable currency
Thanks. I may try to look for an issue on the way home.
On Mar 14, 4:12 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: "KnowledgeSeeker" wrote in message oups.com... On Mar 14, 2:48 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: "KnowledgeSeeker" wrote in message roups.com... Good info. Can you point me to a ranked list somewhere? Each issue of the monthly World Coin News has a half page of nothing but exchange rates, but they are not ranked, nor do they offer any comparison with what the units used to be worth. Before the Euro was adopted by Italy, the lira was worth next to nothing, for example. This site may be of value to you: http://www.x-rates.com/ And no, in spite of the URL, it's not a porn site! 8) James |
#6
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Least valuable currency
On Mar 14, 3:48 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
"KnowledgeSeeker" wrote in message ups.com... Where can I find a list of the countries with the least valuable currency? I am NOT looking for a place to do foreign exchange trading to create fabulous wealth. So, please do not spam me. I am working on a project that is, well... not commercial. So, I am looking for an easy to use source of data. Thanks. Some of the components of what used to be Yugoslavia have undergone reductions so drastic that it almost takes scientific notation (as in ten to the minus x) to express them. Argentina, Brazil, Israel, and no doubt others have experienced the same thing. Many Latin American countries have given up entirely and now deem the U.S. dollar fit for their monetary back in the mid-1980s Brazil was going thru a period of hyperinflation and the cruzado was worth about 1/100 of a cent. Plus they had coins that were fractions of a cruzado! Needless to say the coins were worth more as metal (aluminum alloy) than cash. People would just throw the coins away in the street and even the poorest people wouldn't pick them up! Living in a country during a hyperinflation is an interesting experience, to say the least. Prices changed daily, sometimes hourly as the people sought to unload their worthless currency. |
#7
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Least valuable currency
On Mar 14, 8:23 pm, "RF" wrote:
On Mar 14, 3:48 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: "KnowledgeSeeker" wrote in message oups.com... Where can I find a list of the countries with the least valuable currency? I am NOT looking for a place to do foreign exchange trading to create fabulous wealth. So, please do not spam me. I am working on a project that is, well... not commercial. So, I am looking for an easy to use source of data. Thanks. Some of the components of what used to be Yugoslavia have undergone reductions so drastic that it almost takes scientific notation (as in ten to the minus x) to express them. Argentina, Brazil, Israel, and no doubt others have experienced the same thing. Many Latin American countries have given up entirely and now deem the U.S. dollar fit for their monetary back in the mid-1980s Brazil was going thru a period of hyperinflation and the cruzado was worth about 1/100 of a cent. Plus they had coins that were fractions of a cruzado! Needless to say the coins were worth more as metal (aluminum alloy) than cash. People would just throw the coins away in the street and even the poorest people wouldn't pick them up! Living in a country during a hyperinflation is an interesting experience, to say the least. Prices changed daily, sometimes hourly as the people sought to unload their worthless currency. Interesting. Thanks. Can you get me any closer to an answer to the original question? |
#8
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Least valuable currency
In article .com "RF" writes:
On Mar 14, 3:48 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: "KnowledgeSeeker" wrote in message ups.com... Where can I find a list of the countries with the least valuable currency? I am NOT looking for a place to do foreign exchange trading to create fabulous wealth. So, please do not spam me. I am working on a project that is, well... not commercial. So, I am looking for an easy to use source of data. Thanks. What may be a good list today with almost certainly be no longer a good list some time from now. When figures go out of the window, countries have the tendency to revaluate their currency, as was last done in Turkey (they dropped the last six zeros). Some of the components of what used to be Yugoslavia have undergone reductions so drastic that it almost takes scientific notation (as in ten to the minus x) to express them. Argentina, Brazil, Israel, and no doubt others have experienced the same thing. Many Latin American countries have given up entirely and now deem the U.S. dollar fit for their monetary All of those components of Yugoslavia have revaluated and are now quite stable. .... Living in a country during a hyperinflation is an interesting experience, to say the least. Prices changed daily, sometimes hourly as the people sought to unload their worthless currency. Reminds me of a story about the hyperinflation in Germany in the twenties. Somebody entered a cafe to drink a coffee. He wanted to leave an hour later, but at that time had not enough money to pay for his coffee. The price had risen considerably during his stay. The worst case of hyperinflation was in Hungary just after WWII. The basic unit was the pengo, but after a fairly short time larger and larger denomination banknotes got printed, so that at some time the B. pengo was introduced (B standing for billion, as in European billion, or US trillion). The largest banknote ever used there was 100 million B. pengo (or 10^20 pengo), see: http://bankjegy.szabadsagharcos.org/xxcentury/p136.htm. Prices doubled at that time in Hungary every 15 hours. -- dik t. winter, cwi, kruislaan 413, 1098 sj amsterdam, nederland, +31205924131 home: bovenover 215, 1025 jn amsterdam, nederland; http://www.cwi.nl/~dik/ |
#9
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Least valuable currency
On Mar 15, 7:31 am, "Dik T. Winter" wrote:
In article .com "RF" writes: On Mar 14, 3:48 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: "KnowledgeSeeker" wrote in message oups.com... Where can I find a list of the countries with the least valuable currency? I am NOT looking for a place to do foreign exchange trading to create fabulous wealth. So, please do not spam me. I am working on a project that is, well... not commercial. So, I am looking for an easy to use source of data. Thanks. What may be a good list today with almost certainly be no longer a good list some time from now. When figures go out of the window, countries have the tendency to revaluate their currency, as was last done in Turkey (they dropped the last six zeros). [SNIP] -- dik t. winter, cwi, kruislaan 413, 1098 sj amsterdam, nederland, +31205924131 home: bovenover 215, 1025 jn amsterdam, nederland;http://www.cwi.nl/~dik/ Feel free to answer the original question with information for today. I will not hold you to your answer after the day that you provide it. |
#10
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Least valuable currency
On 15 mar, 10:33, "KnowledgeSeeker"
wrote: On Mar 15, 7:31 am, "Dik T. Winter" wrote: In article .com "RF" writes: On Mar 14, 3:48 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: "KnowledgeSeeker" wrote in message oups.com... Where can I find a list of the countries with the least valuable currency? I am NOT looking for a place to do foreign exchange trading to create fabulous wealth. So, please do not spam me. I am working on a project that is, well... not commercial. So, I am looking for an easy to use source of data. Thanks. What may be a good list today with almost certainly be no longer a good list some time from now. When figures go out of the window, countries have the tendency to revaluate their currency, as was last done in Turkey (they dropped the last six zeros). [SNIP] -- dik t. winter, cwi, kruislaan 413, 1098 sj amsterdam, nederland, +31205924131 home: bovenover 215, 1025 jn amsterdam, nederland;http://www.cwi.nl/~dik/ Feel free to answer the original question with information for today. I will not hold you to your answer after the day that you provide it. http://en.wikipedia.org/wiki/Least_v... rrency_units simple, effective... |
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