| Author |
 Replies: 24 / Views: 7,080 |
Page 2 of 2
|
|
|
|
Valued Member
Australia
68 Posts |
To answer your question wd1040, no, New Zealand currency isn't legal tender in Australia. Before they changed their coinage, many 5,10 and 20 cent pieces were passed off as Australian, and many people didn't look closely enough to tell the difference. Today though, An Australian dollar converts to approximately NZ$1.23.
|
|
Pillar of the Community
United States
1231 Posts |
Quote:
Like in US and Canadian border, the two currencies are accepted 1:1 Only recently when the values were equal have they traded 1:1 I live in NH and believe me I have never been to a US store near the border that would take a loonie as a US dollar. |
|
Valued Member
Australia
68 Posts |
|
|
Pillar of the Community
Canada
1082 Posts |
I bet they wish it was still Rhodesia with the Brits in charge.
It won't end until they get rid of Mugabe.
|
|
Pillar of the Community
United States
3098 Posts |
uh oh... someone just took the lead in the dubious "most 0s on banknotes" category...
|
|
Pillar of the Community
United States
3294 Posts |
Makes the Z$1 coin I have from that country seem pretty valueless.
|
|
Rest in Peace
United States
2668 Posts |
But, WpgLwr, Mugabe has brought liberation and 'self-rule' to a country that was once down-trodden by the yoke of British imperialism, doncha know.
|
|
Pillar of the Community
Canada
1082 Posts |
|
|
Pillar of the Community
United States
1151 Posts |
Quote:
Only recently when the values were equal have they traded 1:1
Actually they are not equal. The exchange rate for today was US $1 = CA $1.25 |
|
Pillar of the Community
United States
3098 Posts |
Quote:
Actually they are not equal. The exchange rate for today was US $1 = CA $1.25
Wrong. It was once $1 CAD to $1.03 USD. And that was the highest. http://finance.yahoo.com/q/bc?s=CAD...n&z=m&q=l&c=And then the USD roared back because we moved from an inflationary oil-cost-commodity-push driven market mode to a recessionary one. And whenever there's a recession, cash is king. That's right. Not gold, not corn, not oil. Cash. Good ol' United States Dollars. And nothing else (or perhaps a rifle or 2 couldn't hurt...) Edited by wd1040
01/16/2009 9:17 pm
|
|
Pillar of the Community
United States
1151 Posts |
|
|
Pillar of the Community
United States
1031 Posts |
|
|
Pillar of the Community
United States
1031 Posts |
Not sure if the rate or demonation ruled so I put the Zimbabwe $100 trillion note in the mix. Would be neat to have one, is it possible?
|
|
Valued Member
Australia
68 Posts |
Just saw a $10trillion note on ebay, so they're out there, if you want one. The seller was in the UK and wanted around AUS$30 (just under US$20) each for 'em. |
|
Pillar of the Community
Canada
1082 Posts |
I'm thinking it makes more sense to wait for Zimbabwe inflation notes -- there's likely tons of them out there, and before long, they'll be out, causing a glut in the market, like the Turkish and Yugoslavian stuff.
|
|
Page 2 of 2
|
Replies: 24 / Views: 7,080 |
Page 2 of 2
|
First Page
Posted 01/15/2009 8:08 pm
