my fav currencies

10
BRINGING TO YOU THE BEST WORST CURRENCIES OF THE PAST DECADE

Upload: sukritm11

Post on 23-Dec-2014

117 views

Category:

Documents


0 download

DESCRIPTION

 

TRANSCRIPT

Page 1: My fav currencies

BRINGING TO YOU THE BEST WORST CURRENCIES OF THE PAST

DECADE

Page 2: My fav currencies

Paraguay$1 USD = 4,615.00 GuaraniParaguay is the second poorest country in South America, with an unemployment rate pushing 16 percent and more than 35 percent of its population living in poverty. The Paraguay guarani runs about 4,615 to $1.Paraguay's capital city, Asuncion, was ranked the cheapest city in the world out of 143 locales this year, its sixth time getting that honor according to Mercer, a human resources consulting company that does an annual cost of living survey.The currency's symbol — Pyg — is sometimes confused with a Japanese 1970s rock band of the same name.

Read more: http://www.foxnews.com/story/0,2933,453585,00.html#ixzz1DfFhgZsk

No. 10 Worst Currency: Paraguay

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.

Page 3: My fav currencies

No. 9 Worst Currency: Guinea

Guinea Franc$1 USD = 5,115.00The African nation of Guinea ム near Guinea-Bissau and nowhere near Papua New Guinea ム has the ninth-worst currency in the world, with 5,115 of its francs getting you a single U.S. dollar.Its natural resources include the aluminum ore bauxite, diamonds and gold, and the country's soccer team has never made it to the World Cup.Read more: http://www.foxnews.com/story/0,2933,453584,00.html#ixzz1DfG5uOSS

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.

Page 4: My fav currencies

No. 8 Worst Currency: Laos

Laos$1 USD = 8,640.75 KipVietnam's up-river neighbor, Laos, has been experiencing a resurgence in tourism, but it still deals in one of the worst currencies in the world. A single U.S. dollar will buy you 8,640.75 kip.Laos home to the Indochinese tiger, the giant guar, the Asian elephant and a thriving Opium trade.Read more: http://www.foxnews.com/story/0,2933,453567,00.html#ixzz1DfH1LZXE

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.

Page 5: My fav currencies

No. 7 Worst Currency: Iran

Iranian Rial$1 USD = 10,179 RialUnder President Mahmoud Ahmadinejad, Iran has remained a thorn in the side of the Western world, refusing to stop its nuclear program and continuing to threaten Israel.While Iran has been riding high on petro-dollars as oil prices skyrocketed ム driving up the price of everything from a gallon of gas to an airplane ticket to a box of cereal in the U.S. ム its currency has remained unimpressive.One U.S. dollar will buy you 10,179.00 rial, but don't start packing your bags. The government warns against travel to Iran as some elements of the regime remain

Read more: http://www.foxnews.com/story/0,2933,453566,00.html#ixzz1DfHNfCSN

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.

Page 6: My fav currencies

No. 6 Worst Currency: Indonesia

Indonesia$1 USD = 11,198.40 RupiahThe largest Muslim nation in the world also has one of the least-valuable currencies in the world. It takes 11,198.40 Indonesian rupiah to buy a single U.S. dollar.Its capital city ム Jakarta ム is the largest city in Southeast Asia with a population of 8.5 million, about the same as New York City. Indonesia is also home to Bali, a tropical tourist paradise that was targeted by terrorists who bombed a nightclub in 2002.

Read more: http://www.foxnews.com/story/0,2933,453545,00.html#ixzz1DfHg4T7y

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.

Page 7: My fav currencies

No. 4 Worst Currency: Vietnam

Vietnam$1 UDS = 16,975.00 DongThe Vietnamese currency is called the dong.Americans have a complicated history when it comes to Vietnam, but the still-communist country has a blossoming tourism industry, and visitors are usually asked to pay for everything with dollars, which trade at a dong rate of 16,975 to $1.

Read more: http://www.foxnews.com/story/0,2933,453564,00.html#ixzz1DfIB0YLn

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.

Page 8: My fav currencies

No. 3 Worst Currency: Turkmenistan

Turkmenistan$1 USD = 24,000 ManatThere aren't enough manat in the world to buy you a ticket to the opera, which was officially abolished by Turkmenistan's late leader, Turkmenbashi ム along with the ballet, AIDS and other scourges.The former Soviet republic got its own currency on Nov. 1, 1993, when the manat replaced the Russian ruble. Turkmenbashi, also known as former "President for Life" Saparamurat Niyazov, put himself on the country's money ム all of it.The country's significant oil and natural gas resources haven't been enough to quash its high poverty rate, which persists. The government will issue a new manat on Jan. 1 of next year.

Read more: http://www.foxnews.com/story/0,2933,453525,00.html#ixzz1DfIayk8U

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.

Page 9: My fav currencies

No. 2 Worst Currency: Somalia

Somalia$1 USD = 35,000 ShillingsNot even a recent rash of high-stakes, high-seas hijacks have been able to revive Somalia's stunted and shrinking economy.The shilling has been Somalia's official currency since 1962 and has been declining in value steadily since the government breakdown in 1991, when it was valued at about 2,000 Somali shillings to $1 USD.

Read more: http://www.foxnews.com/story/0,2933,453524,00.html#ixzz1DfIoHFY3

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.

Page 10: My fav currencies

No. 1 Worst Currency: Zimbabwe

Zimbabwe$1 USD = 642,371,437,695,221,000 Zimbabwean DollarsIt's hard to keep track of just how fast the Zimbabwean dollar has fallen since the government reinstated electronic parallel market transfers on Nov. 13, but even before that the currency of Zimbabwe was the most worthless in the world.While the official rate on Monday was 19,393.94 Zimbabwean dollars to the $1 USD, the old mutual implied rate, generated from comparing the Zimbabwe and London stock exchanges, valued the currency at more than 642 quadrillion to one.When the currency was revalued this summer, an egg cost about $35 billion Zimbabwean dollars.

Read more: http://www.foxnews.com/story/0,2933,453526,00.html#ixzz1DfIzFFc9

QuickTime™ and aTIFF (Uncompressed) decompressor

are needed to see this picture.