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Topic: What is the strangest Fiat currency you have seen? - page 2. (Read 677 times)

newbie
Activity: 10
Merit: 0
One of the banknotes from Peru depicts a spinning machine. It seemed to me very unusual!
legendary
Activity: 3052
Merit: 1188
Oh come on guys, do not tell me that THIS is the funniest thing you have ever seen ; https://imgur.com/iXDFr1R  . It is certainly the funniest looking thing out there, I don't get why you guys are sto strict about picking the ones with low value and all that fuss about Zimbabwe or stuff like that where people use bags of money to just buy one bread or whatever. That is something "sad" and not something "funny" in my own opinion but of course I can't say anything about yours, you are free to choose whatever you want.

I personally still think that Canadian dollar is the funniest thing I have ever seen, never seen any money in my entire life that looked so much like a monopoly money, its colors and design all looks like it is actually not a real money but a play money.
hero member
Activity: 1890
Merit: 831
I think the strangest Fiat currency I have ever seen is the Fiat itself .

It's made for the people but it's filling the pockets of politicians and rich men .
The poor is getting poorer and the rich is getting richer is rightly said , it's creating a havoc in the society , people are killing people over it .

At the end it was all for the welfare of people and was supposed to be better than the old system. But it is rather strange and evil to begin with.
sr. member
Activity: 910
Merit: 261
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I would have to say my favorite and it is rather strange.  Is the $5 Bill Murray.

In my own personal opinion, the strangest fiat currency that i have ever seen is the Philippine Peso because here in our country we have change the design of our money for many times, and it is really frustrating that we don't really need and ask to change the design of our fiat, that is why it is really strange why our governments wanted to change our fiat many times.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Indonesian Dollars, I didn't see the look as strange but their value is too low compared to US dollars,one USD it somewhere near 13K Indonesian dollars.
You must be kidding me, I never heard about Indonesian dollars as long as I live in Indonesia. Our national currency is Rupiah, and I think it is not too bad compared with Zimbabwe dollars. Cheesy I assume it is not too low, but yes it is quite low. 1 dollar equal to 13,600 rupiahs currently, but it seems having a better improvement than previous (14k). So, what is strange here?  Huh
I don't know the exact word for Indonesian money so I just used dollar, now I know it is Rupiah.

I didn't get opportunity to see Zimbabwe dollars, so I just said what I had seen and felt strange at my first impression. Smiley
legendary
Activity: 2226
Merit: 1086
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Indonesian Dollars, I didn't see the look as strange but their value is too low compared to US dollars,one USD it somewhere near 13K Indonesian dollars.
You must be kidding me, I never heard about Indonesian dollars as long as I live in Indonesia. Our national currency is Rupiah, and I think it is not too bad compared with Zimbabwe dollars. Cheesy I assume it is not too low, but yes it is quite low. 1 dollar equal to 13,600 rupiahs currently, but it seems having a better improvement than previous (14k). So, what is strange here?  Huh
full member
Activity: 1372
Merit: 133
For me this is the funniest currency I've ever seen Grin. Though it was only drawn on the paper money and not the actual design, it still makes me amazed and smile at the same time. Only the gamers can relate to this, *sigh it feels good to reminisce the old days Cheesy.
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I believe that it’s not worth talking about the “old days”, because I’m already over 40 years old, but I still love to play “God of War” on the PlayStation and on the portable PSP.  Grin
full member
Activity: 1232
Merit: 186
For me this is the funniest currency I've ever seen Grin. Though it was only drawn on the paper money and not the actual design, it still makes me amazed and smile at the same time. Only the gamers can relate to this, *sigh it feels good to reminisce the old days Cheesy.
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sr. member
Activity: 728
Merit: 254
It's not an official currency in our country (Philippines) but a certain group issued their own currency and printed their own money. It is not being recognized by the central bank of the Philippines. It's already weird to create their own currency but what's weirded is that in their paper money, it has the face of their queen! The Philippines doesn't have a queen because the Philippines is republic and we only have presidential form of government. Imagine a monarchy system and a queen in a republic and democratic country. That's definitely weird.
full member
Activity: 966
Merit: 153
I so much agree with the person that mentioned Zimbabwe currency. I use to think that the strangest fiat was the Iranian and Paraguayan Guarani currency till I came across the Zimbabwe fiat.
I wonder what figure they will create since they already reached up to trillion already. To them, the introduction of this note was to solve certain economic issues but yet things are no different.
legendary
Activity: 3052
Merit: 1188
All these "funny looking" currencies are like that for a reason I suppose. Have you guys ever seen Canadian dollar? Maybe the inflation is not that high there or maybe the nation is amazing but seriously look at all the Canadian dollars and you will realize that they all look insanely funny to me. Maybe it is because of the colors or maybe it is another reason, I really don't know what causes it but to me the "one milliard x dollars" type of things are not the real funny ones, they are simply just sad and I do not find that all that funny at all, I find the funny looking ones very funny.

Euro and dollar for example is not funny at all because they are boring looking. So all in all, to me "funny" looking ones or strange ones are not because of the zeros attach to it but more about how they look.
hero member
Activity: 2352
Merit: 905
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Can you imagine that it is cheaper to use banknotes than toilet paper. You can use banknotes to light the fireplace because they worth less than kindling. That's what hyperinflation do with fiat currency.
Yeah, it is hard to believe but it's happened before--I remember reading stories of stuff like this happening in Weimar Republic Germany (if I have the terminology correct).
Yes, situation was really worse, in restaurants prices of products were changing in live, very frequently. If coffee was 5 euro for example, it was quickly becoming 15 euro. (During ww1 currency in Germany was Weimar Republic Reichsbanknote). But I am really amazed how quickly they were able to recover and build great economics.
This is the picture that shows how bad the situation was:


Obviously this is one of the great things about bitcoin, that it's a currency that can't be hyperinflated.  The only problem that comes to my mind is that while bitcoin's supply is limited, the total supply of all cryptocurrencies has the potential to become basically unlimited.  I'm not sure that's much of a problem since most new coins don't gain any real popularity, but still.
Governments are doing that manually, people in government make great money in it, they borrow - we pay. Just apply this to fiat and they'll shine too but as I said, they won't do it.

As far as OP's topic goes, there's a country that produces paper money with a vertical orientation and I can't remember which country it is.  I saw pictures of the notes and they looked pretty cool.  But honestly, all I ever see is US dollars so pretty much every foreign currency looks really cool to me.  I remember being fascinated with the paper money when I went to Canada as a kid.
Canada produced paper money with vertical orientation and their 10$ banknote (Viola Desmond note) won international bank note reward.
Here is the image:
sr. member
Activity: 2366
Merit: 332
Zimbabwe is literally a cautionary tale about what could potentially happen if the politicians get their way and do whatever the hell they want without people revolting about it. Normally, before all of that happened and it looked all that bad, people should have started a strike and a riot to stop what the country was trying to do and get the control of it.

Unfortunately in the world where media is controlled so much, revolution is seen as anarchy and that seen as bad people but do you really think people using a wheelbarrow amount of money to buy a bread is a better option than a few weeks of riots to stop the governments from doing whatever the hell they want? I certainly think it is not. For a while there was some example around the world but they were quickly solved and now we are living the troubles of it since they were unsuccessful.

You are right... Inflation is actually a government caused problem because of the policies they bring that doesn't support the economic. Such policies might enrich few people in government and leave the masses to drain in abject poverty. Taking appropriate measures to ensure that government puts on their thinking cap will help to better hyperinflation.
full member
Activity: 966
Merit: 102
In Vietnam, all bills have a picture of President HO CHI MINH on the back of the bill and the front is a place of the country of Vietnam.  And the largest face value of the bill is 500,000 Dong. This bill is equivalent to $ 23


I kinda noticed that Ho Chi Minh is on every bill that the Vietnamese have during my stay in Hanoi. I kinda thought about the colorblind people for a sec but seeing how big those numbers are in the back and front, plus the unique design for each bill at the back, I know that they will be safe lol.

As for my pick, any currency that lets me experience being a 'millionaire' fascinates me. Here in the Philippines, having a million pesos is sufficient to buy you a used sports car, or a downpayment to a nice loft in the metros. In Vietnam, a million dong would get you a nice dinner, good haircut + shave and some more for booze and night life. In the US, having a million dollars gets you a nice car, possibly a nice house for 2 and a few tens of thousands savings in the bank.

I only experienced being a millionaire in Vietnam and the Philippines. I am yet to see visit other countries for my on-going field work. I wish I am also a millionaire back in Canada but.. Oh well.
Thank you for your experience of using money.  In my country, all the people are millionaires and the rich are those with more than 1 billion VND.  That amount is equivalent to about 83000 Usd.  Although the monetary value in our country is lower than in other countries, the consumption level is increasing quickly and I do not feel cheap at all.
hero member
Activity: 2268
Merit: 789
Currently one of the strangest Fiat currency is Venezuelan Bolivar. Can you imagine that it is cheaper to use banknotes than toilet paper. You can use banknotes to light the fireplace because they worth less than kindling. That's what hyperinflation do with fiat currency.



Or Zimbabwe dollars:



Thats 100 000 000 000 000 $ bill. You have to be a millionaire to buy a chewing gum i guess.

Yup, I was about to say this one. Hyperinflation in Venezuela and Zimbabwe caused the value of its currency to significantly decrease while its face-value remained significantly high. Usually when the economic conditions of a country is on the red, the value of the currency drops. People on those countries have a higher demand on products but they cannot purchase anything due to the lack of supply on the market. With this in mind, the currency becomes worthless that they result in the barter system of trading.
hero member
Activity: 3164
Merit: 675
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Zimbabwe is literally a cautionary tale about what could potentially happen if the politicians get their way and do whatever the hell they want without people revolting about it. Normally, before all of that happened and it looked all that bad, people should have started a strike and a riot to stop what the country was trying to do and get the control of it.

Unfortunately in the world where media is controlled so much, revolution is seen as anarchy and that seen as bad people but do you really think people using a wheelbarrow amount of money to buy a bread is a better option than a few weeks of riots to stop the governments from doing whatever the hell they want? I certainly think it is not. For a while there was some example around the world but they were quickly solved and now we are living the troubles of it since they were unsuccessful.
sr. member
Activity: 2282
Merit: 470
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Noobs! Let my fellow Indonesian take this to another level:


Source, and see more here: https://www.brilio.net/duh/bikin-ngelus-dada-8-tingkah-usil-coret-coret-uang-bergambar-pahlawan-1809025.html

PS: I know it's funny and somewhat artistic, but please be aware that such action is punishable by law. Don't try this at home Grin

Lol, this made me laugh. Some people really do funny stuff even though they know it's illegal or punishable by the law and they know that this paper money may not be accepted if they do this but still they do this funny stuff.

hero member
Activity: 1722
Merit: 528
In our country, that would be the old 10 peso bill.

The person in there is Apolinario Mabini. He is one of the known names in our country as he is one of the leaders in the revolution against Spain. For me, he is just printed weirdly in that bill, just look it yourself. LINK HERE
hero member
Activity: 1008
Merit: 531
Has to be one of the ones that are severely affected by hyperinflation and you have their denominations in the trillions...

It's almost like an ironic reminder that what you're transacting with are simply worthless pieces of paper, even though initially, everything was backed by silver and gold.

Saving fiat in the long run in the bank is shooting yourself in the foot. There is no doubt that BTC currently doesn't have the transactional capabilities in practice of fiat yet, but it's still a much better long term store of value.
member
Activity: 515
Merit: 12
Currently one of the strangest Fiat currency is Venezuelan Bolivar. Can you imagine that it is cheaper to use banknotes than toilet paper. You can use banknotes to light the fireplace because they worth less than kindling. That's what hyperinflation do with fiat currency.



Or Zimbabwe dollars:



Thats 100 000 000 000 000 $ bill. You have to be a millionaire to buy a chewing gum i guess.
I suppose the paper from they are made is more expensive than the bolivar....sad situation...
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