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 Replies: 15 / Views: 9,949 |
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New Member
United Kingdom
11 Posts |
According to wikipedia (of course you have to take it with a pinch of salt!!) Belarus is one of the few countries that don't issue coins for circulation, in other words, everything you buy in Belarus has to be in banknotes, cards or electronic transfer I presume. Of course Belarus issues coins for collectors, but are there any other countries that don't issue coins for circulation?
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Pillar of the Community
Australia
9404 Posts |
Not 100% sure, but I think Vietnam only uses banknotes now.
Steve :)
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Pillar of the Community
Germany
1063 Posts |
There are quite a few.
There are countries which don't have their own currency. Kosovo and I think Montenegro don't issue anything. Zimbabwe doesn't have its own currency either but has started issuing these token/coin things.
When I went to Egypt there were no coins running around, didn't see one, but apparently they do issue them.
I;m not sure if Madagascar issues coins, I was going to go but didn't end up there and remember seeing that they had no coins.
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New Member
 United Kingdom
11 Posts |
The State Bank of Vietnam resumed issuing coins on December 17, 2003. The new coins, minted by the Mint of Finland, were in denominations of 200, 500, 1,000, 2,000, and 5,000 dong in either nickel clad steel or brass clad steel. Earlier, Vietnamese had to exchange banknotes for tokens with a clerk before purchasing goods from vending machines. This was also to help the state ease the cost of producing large quantities of small notes which tended to wear hard. Many residents expressed excitement at seeing coins reappear after many years, as well as concern for the limited usefulness of the dong coins due to ongoing inflationary pressures. There had been rumours of coins being mistaken for candies by children and as fakes by some vendors since coins had long been absent from use in Vietnam, these reports have been difficult to verify.
Kosovo, Montenegro and some European countries use the Euro, which is technically not their own currency. Madagascar and Egypt use coins in their circulation. But I can't find other countries not using coins in their circulation. It's amazing that simply typing a Google search on this topic has not revealed any answers, apart knowing that Belarus does not use coins in their circulation.
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Valued Member
United States
156 Posts |
Ecuador no longer issued coins. They use US dollars there. Interestingly, they use lots of US currency that aren't popular in the USA, such as $2 bills, Kennedy halves, and all of the post-1979 dollar coins. |
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Pillar of the Community
United States
8137 Posts |
I'm pretty sure that Zimbabwe does not issue coins due to the really bad hyperinflation that happened there a few years ago. Heck, I don't think they even issue currency anymore!
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Pillar of the Community
Canada
2805 Posts |
My Chinese-Vietnamese acquaintances have told me that the 2003 Viet coins are now completely out of circulation. It's always difficult to learn which coins are actually in circulation in which countries, especially those whose natives are not commonly found on the English-language parts of the Internet.
Other coin-poor countries that I know of include Laos and Guinea-Conakry.
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Pillar of the Community
Australia
560 Posts |
Can we leave this to countries that have their own currencies, and not use another country's currency. Ecuador does issue centavo coins, Zimbabwe issues Bond coins based on $US value, Vietnam issues coins and notes for 200-5000 dong. Countries that don't have coins because either never issued any, did issue them in the past and are replaced by banknotes or fallen out of circulation are Laos, Cambodia, Mongolia?, Uzbekistan, Belarus, Bhutan?, Guinea, Liberia, DR Congo, Somalia, El Salvador (uses US coins only). |
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Pillar of the Community
Sweden
1078 Posts |
If you consider the break-away reagion of Somaliland in Somalia to be its own 'issuing country', then you can add it on the list. If I'm not mistaken they only use 500, 1000 and 5000 shilling notes. They did issue coins back in the days but the currency is incredibly worthless due to isolation and lawless acting in the region.
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Moderator
 Australia
16829 Posts |
There is a difference between "currently does not issue coins for circulation" and "has never issued coins for circulation". Belarus has never issued coins for circulation. There are plenty of other countries that currently do not issue circulation coins, such as Vietnam.
Then, of course, there are the monetary unions. Burkina Faso has never issued legal tender coins of any kind; they use the West African franc. And from a certain point of view, every single country in the Eurozone has stopped issuing "their own circulation coinage", having adopted the euro.
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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Valued Member
Australia
193 Posts |
I was fortunate to receive a 1000 dong coin in change in Vietnam when I was there as a tourist in 2012.
At the time I recall the exchange rate was about 20,000 to a dollar so coins were little used. The 1000 dong was the only coin I saw and it has an honoured, if lowly status in my collection.
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New Member
United States
20 Posts |
As mlov mentioned above, Ecuador uses the US dollar as their currency, so they don't use their own coins. When I was down there two year ago, I received lots of well worn Sacagawea dollar coins in change, which was unusually because you almost never see them in circulation in the States. |
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Bedrock of the Community
United Kingdom
17937 Posts |
I got several 25 chetrum and 1 ngultrum coins in change in Bhutan in 2009, so I would imagine they still circulate. The date 1979 has been frozen on all subsequent issues! Ecuador does issue its own coins from 1c to 50c that are the same size as corresponding US coins. You usually get a mixture of Ecuador and US coins in change. But it doesn't issue its own banknotes. When I toured South America in the year 1990, there were no coins at all in Argentina, Brazil and Peru, owing to hyper-inflation, but all these countries have since revalued their currencies and now use coins again. Scotland and Northern Ireland issue their own banknotes but do not have separate coin issues. Edited by NumisRob
09/08/2015 2:48 pm
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Pillar of the Community
United States
6130 Posts |
Would it be cheating to say every nation that existed before coins became the standard bartering chip for commerce in that area?
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Valued Member
United States
95 Posts |
Most Bhutan coinage is minted in Germany. Most coins of Africa, are not minted in Africa (South Africa the exception, and Sudan). Denmark no longer mints its own coinage. The Royal Mint in England, the Canadian mint, together mint coins for about 80 nations!! A firm in Korea with offices world-wide provides much of the rolled planchet metals. Also in the OP one can see a nation as one which NOW does not use coins at all - regardless of who formerly made them. Others are posting with information on these, as I only know of a few. |
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Pillar of the Community
United States
539 Posts |
speaking of the 2003 Vietnam coinage...  |
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Replies: 15 / Views: 9,949 |
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Posted 09/05/2015 11:40 pm
