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 Currently Circulating World Coins Forum
 TOP TEN oldest living & most endangered currencies
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Cerulean
Penny Hoarding Member


USA
993 Posts

Posted - 08/06/2010 :  14:02:36  Show Profile Send Cerulean a Private Message
TOP TEN OLDEST LIVING CURRENCIES IN THE WORLD

10 tie) Indian rupee & Canadian dollar (1858)
9) Cuban peso (1857)
8) Philippine peso (1852)
7) Swiss franc (1850)
6) Guyanese dollar (1839)
5) Colombian peso (1837)
4) Egyptian pound (1834)
3) Dutch Antilles guilder (1828)
2) United States dollar (1792)
1) British pound sterling (1158)


TOP TEN MOST ENDANGERED CURRENCIES IN THE WORLD

10) Lebanese pound (1,502.5 pounds per USD) - established 1939
9) Somalian shilling (1,605 shillings per USD) - established 1962
8) Colombian peso (1,820 pesos per USD) - established 1837
7) Ugandan shilling (2,205 shillings per USD) - established 1987
6) Sierra Leonian leone (3,930 leones per USD) - established 1964
5) Paraguayan guarani (4,725 gauranies per USD) - established 1943
4) Zambian kwacha (4,825 kwachas per USD) - established 1968
3) Indonesian rupiah (8,935 rupiah per USD) - established 1965
2) Iranian rial (10,005.5 rials per USD) - established 1932
1) Vietnamese dong (19,030 dong per USD) - established 1985


Fascinating, the Colombian peso is the only currency to appear on both lists.

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BCNumismatics
Penny Sorter Member



New Zealand
77 Posts

Posted - 08/11/2010 :  04:20:52  Show Profile Send BCNumismatics a Private Message
You are forgetting that the Russian Rouble is also an old currency as well.

In fact,Russia was the very first country to change over to a decimal currency - 100 Kopecks = 1 Rouble in around 1700.

Aidan.

Aidan Work.

My numismatic photos can be found here; http://www.coinforums.com/gallery/u6-bcnumismatics.html .

Please let me know what you think.
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Cerulean
Penny Hoarding Member



USA
993 Posts

Posted - 08/11/2010 :  13:14:19  Show Profile Send Cerulean a Private Message
quote:
Originally posted by BCNumismatics

You are forgetting that the Russian Rouble is also an old currency as well.

In fact,Russia was the very first country to change over to a decimal currency - 100 Kopecks = 1 Rouble in around 1700.

Aidan.


The ruble you speak of died on 13 December 1921. It is no longer a living world currency.

Today's Russian ruble was introduced on 1 January 1998. That's far from old, and is actually one of the younger currencies in the world.

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Dumpster Diver
Penny Collector Member



USA
474 Posts

Posted - 08/19/2010 :  20:30:08  Show Profile Send Dumpster Diver a Private Message
Great info Cerulean. Hard to imagine the death of our dollar in this context...

"You're not really gonna throw that out...are you"?
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uthminsta
1000+ Penny Miser Member



USA
1872 Posts

Posted - 08/19/2010 :  20:48:46  Show Profile Send uthminsta a Private Message
The British book I use dates their coins back to 1066.
But wouldn't it also be dated from their decimal changeover on February 15th, 1971?
So I guess I'm saying there are arguments (however flawed) that the British currency is both older AND younger than the date you have.
Regardless, this is fascinating. What is your source for those dates?

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AGgressive Metal
Administrator



USA
1937 Posts

Posted - 08/19/2010 :  21:33:10  Show Profile Send AGgressive Metal a Private Message
The Normans were on a French system when they invaded in 1066 - I don't think the Pound was standardized until later on.

And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484
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theo
Penny Hoarding Member



USA
588 Posts

Posted - 08/20/2010 :  00:27:08  Show Profile Send theo a Private Message
quote:
Originally posted by uthminsta

The British book I use dates their coins back to 1066.
But wouldn't it also be dated from their decimal changeover on February 15th, 1971?
So I guess I'm saying there are arguments (however flawed) that the British currency is both older AND younger than the date you have.
Regardless, this is fascinating. What is your source for those dates?



I have a handful of the old one and two shilling coins. Do they still hold currency value?
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harper
Penny Sorter Member



USA
25 Posts

Posted - 08/20/2010 :  00:30:58  Show Profile Send harper a Private Message
interesting list...

but it seems to me that "oldest living currencies" in that context, is a bit grey... I wouldn't consider the US dollar or several of those other currencies the same as when they were established. loss of gold standards and technical defaults, etc.

are they really the same because they retained their name?

Edited by - harper on 08/20/2010 00:33:39
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jadedragon
Administrator



Canada
3788 Posts

Posted - 08/20/2010 :  01:37:14  Show Profile Send jadedragon a Private Message
I presume they are living because they have not gone to zero (yet). I'd guess the Euro wiped out some currencies on the oldest list but than these currencies became part of the Euro. Political instability and wars tend to kill currencies too.

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
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uthminsta
1000+ Penny Miser Member



USA
1872 Posts

Posted - 08/20/2010 :  08:30:39  Show Profile Send uthminsta a Private Message
quote:
Originally posted by theo I have a handful of the old one and two shilling coins. Do they still hold currency value?

Well, the decimal 5 pence was made the same size as the "pre-decimal" shilling, and was meant to have the same value. So they could theoretically circulate equally for a while. But then in 1990 the 5 pence was shrunk to about the size of a dime (from 24mm down to 18mm), so then the old shillings would no longer have an equivalent. In 1992, the ten pence was shrunk from 28.5mm to 24.5mm, but by then the old 5 pence (and therefore the shillings) had been withdrawn from circulation. So that's the long answer. Short answer: I think no.

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Cerulean
Penny Hoarding Member



USA
993 Posts

Posted - 08/20/2010 :  13:32:56  Show Profile Send Cerulean a Private Message
quote:
Originally posted by uthminsta

What is your source for those dates?


Wikipedia. I think a currency dies when either the nation state that issued it dies or when it is replaced with a new currency under a new name. I know revaluations just scoot the decimal point around, but when you have "old pesos" and "new pesos", it's hard to say that the old peso is living.

War and inflation are the biggest killers of currencies, and they travel together.

The introduction of the euro killed the second oldest currency in 2002, the Dutch guilder which dates back to the 1690s. The euro also erased several currencies from the 1860s and 1870s. There are few places left on earth that still use the same coins they did in 1960.

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2010 First Finds Contest
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Wanna take seignorage away from the Fed? Spend *any* coins!
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jadedragon
Administrator



Canada
3788 Posts

Posted - 08/20/2010 :  14:59:34  Show Profile Send jadedragon a Private Message
From Wikipedia: With the planned dissolution of the Netherlands Antilles on October 10, 2010, the guilder is scheduled to be replaced with the US dollar on January 1, 2011 for the islands of Bonaire, Saba and Sint Eustatius only.[2][3] The remaining two will rebrand the Netherlands Antillean guilder as their own joint currency, though still pegged to the dollar, despite calls for them to dollarize also.[4]

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog
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bsno2865
Penny Sorter Member



USA
62 Posts

Posted - 08/21/2010 :  12:03:59  Show Profile Send bsno2865 a Private Message
I was given some French coins: -1987 5 Francs
-1976 5 Francs
-1965 half Franc
-1992 1 Franc
- 1970 1 Franc
- 1989 .10 Franc
- 1988,1990 10 Franc

Anyone know of the value of any of these?

Thnk you...

Brian North
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AGgressive Metal
Administrator



USA
1937 Posts

Posted - 08/21/2010 :  13:49:21  Show Profile Send AGgressive Metal a Private Message
quote:
Originally posted by bsno2865

I was given some French coins: -1987 5 Francs
-1976 5 Francs
-1965 half Franc
-1992 1 Franc
- 1970 1 Franc
- 1989 .10 Franc
- 1988,1990 10 Franc

Anyone know of the value of any of these?

Thnk you...



They are common modern coins. Monetarily, they are replaced by the Euro. The 1 Francs are .999 nickel though.

And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484
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BCNumismatics
Penny Sorter Member



New Zealand
77 Posts

Posted - 08/24/2010 :  20:55:29  Show Profile Send BCNumismatics a Private Message
quote:
Originally posted by Cerulean

quote:
Originally posted by BCNumismatics

You are forgetting that the Russian Rouble is also an old currency as well.

In fact,Russia was the very first country to change over to a decimal currency - 100 Kopecks = 1 Rouble in around 1700.

Aidan.


The ruble you speak of died on 13 December 1921. It is no longer a living world currency.

Today's Russian ruble was introduced on 1 January 1998. That's far from old, and is actually one of the younger currencies in the world.



I don't agree with you there,as the Czarist Russian Rouble was replaced between 1917 & 1921 by both the White Russian Roubles,& the Soviet Russian Roubles issued in various regions of what was the Russian Empire,except for the Baltic states of Estonia,Latvia,& Lithuania.

The Soviet Russian Rouble was replaced in 1924 by the U.S.S.R. Rouble,which was in turn replaced by the revived Russian Rouble in 1992.A currency reform was carried out in 1997/98.

Have a read here; You must be logged in to see this link. .

Aidan.

Aidan Work.

My numismatic photos can be found here; http://www.coinforums.com/gallery/u6-bcnumismatics.html .

Please let me know what you think.
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