Currencies Ranking | Day 503
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by dragosv
Top currencies | Day 503
1. South Korea 1 KRW =0.059 gold
2. Spain 1 ESP =0.038 gold
3. Indonesia 1 IDR =0.033 gold
4. Canada 1 CAD =0.032 gold
5. Brazil 1 BRL =0.030 gold
6. Iran 1 IRR =0.029 gold
Venezuela 1 VEB =0.029 gold
8. Sweden 1 SEK =0.028 gold
United Kingdom 1 GBP =0.028 gold
10. Italy 1 ITL =0.026 gold
11. Australia 1 AUD =0.024 gold
Finland 1 FIM =0.024 gold
Germany 1 DEM =0.024 gold
14. Belgium 1 BEF =0.023 gold
15. Hungary 1 HUF =0.022 gold
Moldavia 1 MDL =0.022 gold
USA 1 USD =0.022 gold
18. Denmark 1 DKK =0.020 gold
Israel 1 NIS =0.020 gold
Poland 1 PLN =0.020 gold
Romania 1 RON =0.020 gold
22. Croatia 1 HRK =0.019 gold
23. Chile 1 CLP =0.018 gold
France 1 FRF =0.018 gold
25. Slovenia 1 SIT =0.017 gold
26. Netherlands 1 NLG =0.016 gold
Norway 1 NOK =0.016 gold
Singapore 1 SGD =0.016 gold
29. China 1 CNY =0.015 gold
Japan 1 JPY =0.015 gold
31. Russia 1 RUB =0.014 gold
32. Ireland 1 IEP =0.013 gold
Philippines 1 PHP =0.013 gold
34. Serbia 1 RSD =0.012 gold
Ukraine 1 UAH =0.012 gold
36. India 1 INR =0.011 gold
South Africa 1 ZAR =0.011 gold
38. Thailand 1 THB =0.010 gold
Turkey 1 TRY =0.010 gold
Switzerland 1 CHF =0.010 gold
41. Argentina 1 ARS =0.009 gold
Bulgaria 1 BGN =0.009 gold
43. Czech Republic 1 CZK =0.008 gold
Malaysia 1 MYR =0.008 gold
Slovakia 1 SKK =0.008 gold
46. Mexico 1 MXN =0.007 gold
Pakistan 1 PKR =0.007 gold
48. Greece 1 GRD =0.006 gold
49. Austria 1 ATS =0.005 gold
50. Portugal 1 PTE =0.004 gold
It´s surprising how Korean Won has so much demand and the Portuguese Escudo so little.
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Interesante estadistica votado
pues el de portugal staba en 0.003
voted 🙂
@popelus: pues esta mañana y ahora esta al 0.004
Voted!!!
The problem of Portugal's coin dates back to Beta times. It's the result of a very unique economic politic.
Care to explain about it in details Seixo-sensei? :3
I guess it's nice to read a bit about ePortugal beta times from it's own citizen perspective.
Well, back then, every country could print as much money as needed. The penalty, obviously, would be a very small gold rate.
But, since gold wasn't really that necessary (there was no raw materials, so each country could be self sufficient), that was a very irrelevant penalty.
So, the government started gathering companies and eventually controlled most of the market. That control allowed to the fixation of prices, very low ones, even under production price. The debt was covered by printing more money.
The Penico, as the plan was called, lasted for quite a while and it provided high wages and small prices. However, it was always critised for putting too much power in the government.
Even before V1, the admins started to fight this by deleting lots of money... that and the new emphasis on gold ended the Penico.
The companies were taken over after a while by the former president, Judazs, and are still the main employer in the country.
I think that he, eventually, returned them. But I don't really now, haven't been there in a while😛
Please direct me to the government official in charge of foreign affairs.
Kindly,
Vincent Grey
Australian foreign minister
I come in PEACE
votadisimo, gran trabajo
@Seixo:
I see...
Not really wise economy policy I must say.
I personally believe every debt and too much government intervention is always not good.
voted, subscribed
@Koga
At the time it made some sense, but it ended up pretty bad
@Seixo: Back then, there was no penalty for making or burning currency. The fact that there is now is just screwy, since it promotes a specific currency value...