Thursday, July 25, 2013

Most Valuable currencies

This summer (July, August and Septmber) we will have the theme Economics.

The following lists will appear on (instead of every seventh of a month) every day with the "0" in it. (10, 20 and 30) So we will get three lists a month instead of one!

Most valuable currencies
Richest counties now
Lagerst national debts
Richest living people
Richest countries ever
Biggest companies today
Least valuable currencies

For personal reasons I can't post the lists of july 30 and august 10, therefore, they will be uploaded earlier and later, enjoy!

If we're talking economy, we're talking money, so here is the list of the most valuable currencies!

10.
Australia, Dollar
After a long time of trying to find a new and creative name, unfortunately, the new Australian currency of 1966 was named the least creative possible, Dollar. They tried many names, Oz, Ming, Emu... Eventually, the PM decided to name it rowal, him being a monarchist, though it was unpopular, and they decided to call it Dollar

9.
Cayman Islands, Dollar
Before the Cayman Islands Dollar, the Jamaican Dollar was used to pay, and for some time, both were legal. When the Jamaican Dollar became illegal to pay with, the Cayman Islands Dollar was pinned at the value of 1.2 U.S. Dollar.

8.
Azerbaijan, Manat
throughout history there have been two versions of the Manat, the first since 1919 and the current (second) Manat was introduced in 1992, after the USSR fell.

7.
EU, Euro
the currency used in the most countries on earth, created to make traveling inside the EU easier, as people could pay with the Euro (almost) anywhere.

6.
Jordan, Dinar
The Jordan Dinar has been the official currency of Jordan for a long time, also in the Jordan west bank, which is under Israeli control since 1967, where the Israeli currencies had the problem of hyperinflation, the Dinar was a steady currency and a great advantage for those living there.

5.
UK; Gibraltar; Saint Helena; Falkland, Pound
Celebrating its 855th birthday this year, the Pound is the oldest currency of the list. from the eighteenth to the end of WWII it was what the US Dollar is today.

4.
Latvia, Lat
in 2014, we will have said farewell to our current worldwide number four, for it is to be replaced with the Euro (7). regarding the current list, the Pound Sterling will probably take the Lat's place, but especially with currencies, you never know, for example: today the Pound may be worth around 1,5 US$ tomorrow it can be worth half a penny.

3.
Oman, Rial
The Omani Rial was introduced when the state of Oman was formed in 1970, replacing Muscat and Oman, a combinated country.

2.
Bahrein, Dinar
Since 1965 the Bahrain currency, originally equal to 10 Gulf Rupees, at the time 75 Pence. the word Dinar is based on the Latin word DENARIVS, which was the most common coin in ancient Rome and one of the earliest currencies. instead of being divided in 100, which is common in the west, the Bahrain Dinar is divided into 1000 fils.

1.
Kuwait, Dinar
When the Dinar was first introduced in the Arabian state of Kuwait, it was equal to the Pound Sterling (England), before it's introduction in 1961, the Gulf Rupee was the official unit in Kuwait and other countries on the Arabian peninsula, including Bahrain and Oman. Kuwait was the first to replace the Rupee, in 1970 the last country, Muscat and Oman (now Oman), turned its back on it and intruduced the Rial.

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