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Map - Relative Values Of Every Country's Most-Valued Coins

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nalaberong's Avatar
Canada
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 Posted 03/15/2015  3:02 pm Show Profile   Bookmark this topic Add nalaberong to your friends list Get a Link to this Message Number of Subscribers
Here's a map I've spent a bit of time putting together.
Map---Relative-Values-Of-Every-Country's-Most-Valued-Coins

I was wondering, "why do Americans not use their dollar coin?". So I thought it would be interesting to make a map of how valuable the world's most valuable circulating coins are, to see if any trends are detectable, and to see if the Americans should feel obligated to change. For instance, Japan's highest-valued coin is 500 yen, worth about $5 U.S., so on this map it's shaded bright red.

Blue countries should be treated cautiously - it seems very likely that in any country shaded bright blue, there are no coins in circulation because they are worthless and have all been melted down by enterprising citizens. But if the government hasn't officially recalled the coins, we can pretend that they still circulate there.

Gray means that there are no officially issued coins at all, or that the situation in that country is quite turbulent/obscure and it's difficult to find up-to-date information.

There are some patterns:

- Asia is quite coin-poor, with the exceptions of the highly-developed Tigers.
- Western Europe is clearly the part of the world with the most valuable coins.
- Africa isn't as bad as you'd think. Some countries have no coins (or no governments), but the CFA unions have a good, stable currency.
- South America is quite interesting because of the constant inflation going on there - at some point, all of these countries would have been shaded red. The best performer is Peru (the bright red is just French Guiana, a far-flung state of France - yes it's weird).
- Again, until quite recently, Russia and others would have been shaded red. We'll just have to wait and see what happens.

I have shaded foreign users of the U.S. dollar in red. Why? In Panama and Ecuador, locally-issued coins circulate that have a value greater than $0.25, and I've heard that the Sacagawea dollar is very popular throughout Central and South America. Let me know if you have any recent direct experience that I can use for updates.

I hope this is interesting!

[dollarcoinadvocacy]Hey Americans - even most of Africa has you beat. Start using those dollar coins![/dollarcoinadvocacy]
Edited by nalaberong
03/15/2015 3:06 pm
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chequer's Avatar
Canada
4227 Posts
 Posted 03/15/2015  3:11 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
Nicely done!
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 03/15/2015  4:40 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Wow....it's really hard to imagine that there are countries without coins circulating because they are worthless.


P. S. I don't get out much.
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Sap's Avatar
Australia
16808 Posts
 Posted 03/15/2015  9:00 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
A very interesting map, and I appreciate it would have taken considerable time to put together - especially having to research exactyl which coins are actually circulating in each country.

Quote:
Blue countries should be treated cautiously - it seems very likely that in any country shaded bright blue, there are no coins in circulation because they are worthless and have all been melted down by enterprising citizens.

As always, there are exceptions to this. Friends recently (2011) visited Moldova (the small bright blue wedge between bright blue Ukraine and darker blue Romania) and brought me back a bagful of coins they'd been given in change, from the 1 ban to 50 bani (= 1/20th of a cent to 3 cents), along with a fistful of badly worn 1 leu banknotes.

Countries like Zimbabwe are problematic: the government late last year started issuing new coinage again (the highest face value is 50 US cents), introduced because it was getting too expensive to import foreign circulating coins from Europe, America or South Africa. But nobody wants to use them because nobody there trusts their government to make money anymore.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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orfew's Avatar
Canada
1269 Posts
 Posted 03/15/2015  10:20 pm  Show Profile   Bookmark this reply Add orfew to your friends list Get a Link to this Reply
Very interesting map,thanks.
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jbuck's Avatar
United States
187702 Posts
 Posted 03/16/2015  11:18 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I hope this is interesting!
Yes, it is. Thank you for doing the work and sharing it.


Quote:
[dollarcoinadvocacy]Hey Americans - even most of Africa has you beat. Start using those dollar coins![/dollarcoinadvocacy]
Quoted For Truth.

By the way, we need to stop printing the one dollar note to make this happen.

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nalaberong's Avatar
Canada
2805 Posts
 Posted 03/18/2015  8:49 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Turns out I made a silly mistake with the legend, and it had a couple inconsistencies as well. This version should be airtight.

Map---Relative-Values-Of-Every-Country's-Most-Valued-Coins
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Russian Federation
5172 Posts
 Posted 03/21/2015  05:17 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
Blue countries should be treated cautiously - it seems very likely that in any country shaded bright blue, there are no coins in circulation because they are worthless and have all been melted down by enterprising citizens. But if the government hasn't officially recalled the coins, we can pretend that they still circulate there.


You should've chosen a lower value for your "bright blue" setting then. $0.05 US is a lot of money.
I've been in the Ukraine myself in 2013 actually; sure, back then, the two largest circulating coins were worth $0.16 and 0.08 respectively, but they didn't come up as much as the lower values anyway (the 0.16 one was uncommon enough that I'm not actually sure if it should've been counted as "circulating").

For that matter, in the late 2000s, Russia had a circulating coin worth 0.03 cents US (technically, they hadn't been officially recalled, just stopped being minted - they still come up once in a while, now only worth 0.016 cents); there was no significant melting of these either (that I'm aware of anyway).
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Demarco Bishopp's Avatar
United Kingdom
548 Posts
 Posted 03/21/2015  05:25 am  Show Profile   Bookmark this reply Add Demarco Bishopp to your friends list Get a Link to this Reply
We do love our big coins in Western Europe.

I've never understood why the USA sticks with the $1 bill. It would be much more economical to have a dollar coin that can stay in circulation for decades rather than a bill that has to be replaced every few years.
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jbuck's Avatar
United States
187702 Posts
 Posted 03/23/2015  10:06 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I've never understood why the USA sticks with the $1 bill.
Political lobbying.


Quote:
It would be much more economical to have a dollar coin that can stay in circulation for decades rather than a bill that has to be replaced every few years.
I certainly agree.
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 Posted 03/29/2015  6:44 pm  Show Profile   Bookmark this reply Add mrkramer to your friends list Get a Link to this Reply
I was surprised at how much the Ukrainian Hryvnia has dropped, I was looking at this and thinking you had to have made a mistake since when I was there a couple years back 1 Hryvnia coins were pretty common and worth more than $.05 but as it turns out it really has dropped that much that they are only worth about 4 cents.
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United States
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 Posted 03/29/2015  6:46 pm  Show Profile   Bookmark this reply Add mrkramer to your friends list Get a Link to this Reply
One more adjustment to make to your map, I was in Cambodia about 2 years ago, and there weren't any coins in use. The exchange rate is about 4000 Riel to the dollar, and usually they were using USD for large purchases, and the Riel banknotes instead of any coins.
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