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Topic: What is the strangest Fiat currency you have seen? - page 4. (Read 684 times)

hero member
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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.I have some friends in my college days from that country from where I realized about their fiat value more precisely when I found few thousand dollars in my friend's wallet and I thought he is too rich to hold few thousands for his personal spendings then he said its not same as USD we have to spend few thousand dollars to buy a coffee there. Cheesy Cheesy
hero member
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A couple of years ago I read that a few George Best's images (one of the best football players of all times) were used in the £5 bankote in Ireland:



I find it strange because, for starters, it is the face of a football player, I mean, you always see politicians, buildings, historic/cultural stuff, etc, on banknotes. Plus, not even legendary football players like Pele, Maradona, Cruyff, were honoured in this way (someone correct me if i'm wrong). Even if the notes were limited edition, it goes to show just how passionate Northern Ireland is when it comes to football.

But if that isn't weird, the check out these old banknotes from Finland with a bunch of people naked: https://imgur.com/a/3zh1uzd
You have to wonder just what the hell were those bankers thinking when they made these??  Grin
legendary
Activity: 2156
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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).  
I think that you are referring to German mark and what happened to it after WW1.
Here is a chart for all.



If you get your salary in 22 Oct 1923 after 2 weeks in 05 Nov 1923 it was worth 1/10. 2 weeks to turn full month salary into 1 family dinner in restaurant.

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.

Yes. Hyperinflation for bitcoin is impossible but... I try to show in this thread that bitcoin supply may not be limited to 21 milions due to "Money creation system". I'm interested in your opinion about that.
legendary
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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). 

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.

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.
full member
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Well, the new 150 Rs note of the Indian government. It was released as a joke I guess or something, but yeah, I mean, who actually issues a 150 note when one can just issue 100 and 50 notes lol. Seriously, fiat currencies are kinda fraud in their own way.
legendary
Activity: 2156
Merit: 1622
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.
newbie
Activity: 17
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My favorite money is Faroe Krona.
I used to think that on a banknote of 50 Faroe’s crowns the tentacles of a kraken are depicted, but it turned out to be a ram’s horn. But for me it’s probably still favorite money ("my favorite money" sounds strange)
jr. member
Activity: 51
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I would have to say my favorite and it is rather strange.  Is the $5 Bill Murray.
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