Robbed is an understatement, a whole day of work will pay for barely to eat, and outside of their country, its "NOTHING" this being just robbed feeling only applies to people of privilidged places, If you want a clear example, our minimum wage is around 8-9 k liras, and thats barely enough for a family of 4, the worst part is.. with the inflation, that equals to maybe around, 400 usd, facking 400!! and becaus everything is so connected to this "free market US bullsh1t" its worth is equated to us and not to the condition of the currency origin, I would LOVE to just feel "robbed" instead of being facking made irrelevant in life
Old romanian currency was such, people still refer to most prices using the old method which iirc an average wage was 3million ron, with stuff costing in the 10k+ mark obviously.
Lol us Venezuelans are in such deep shit we don’t even use the money anymore, “you want this tv? Get me a gnome!” “You want this gnome? Make me food!” It’s a damn video game quest line out here.
Trade for a camera, video your adventures and progress. Speedrun your way to a plainticket outta there maybe? Post it as gameplay footage of a next gen title etc
Damn that really sucks. Please tell me if I'm wrong, but didn't this happen because the past like 4 administrations built the entire economy on oil and then Chavez nationalized it, leading to a US embargo an inability to keep the govt stable?
If you ever visited the UK before 1971, pound sterling never used to be metric. Dollars were created for each colony to be a simple metric currency. 12 pennies were 1 shilling, and 20 shillings were 1 pound. So 240 pennies or 40 sixpences is £1. Lowkey glad I wasn't alive then.
@@M_Marconot sure if true, but my teacher said that the Swiss banks or government have to intervene in our currency to keep it lower then it really is.
you dont need to worry about money if you steal everything and dont pay rent. getting arrested? what do you think the high caliber machine gun with uranium freedom is for? little uranium freedoms too btw, to be shot. always get the dumb little police 😂
British pre-decimal money. 2 farthings to a halfpenny. 2 halfpennies to a penny. 12 pennies to a shilling, 20 shillings to a pound. 21 shillings to a guinea. We used to have farthings, hapennies, pennies, thruppenny bits, tanners, bobs, 2 bobs, half crowns, and 10 bob notes. In olden times there were groats, florins and sovereigns too! My dad was fond of telling me he could take a bus up west, watch a movie, have a fish and chip supper and have change out of half a crown!
@@clunkCA what do you not understand? A pound was divided into 20 shillings, a shilling was divided into 12 pence. 240 pennies to the pound. There were a series of coins worth different amounts. 1/2, 1, 3, 6, 12, 24, 30 and a note worth 120. It's not difficult.
@@terranceparsons5185 Much harder to retain knowledge as an adult. I’m a new construction HVAC tech here in Canada. In Canada all construction measurements are in imperial. We didn’t learn imperial in school, only metric. Been in the industry for 3+ years now and it took me a good year to fully wrap my head around imperial and and the silly fractions of inches. Same for pre-decimalized currency. Didn’t grow up with it, so it’s hard to retain the knowledge.
@toxic_narcissist I think he just meant the most confusing not that he was confused. Obviously, something with an exchange rate different from one is more confusing than just 1. So I think he just picked the currencies with the weirdest exchange rates he has had to deal with.
Cuban peso was weird because the government says it’s 1usd to 20 or something but it’s actually more like 1 to 240 if you do it through anyone but the government
Atleast dong has some decent amounts Laotian kips largest denomination is worth five quid you end up with so much paper, plus dongs are mostly plastic now easier to manage.
@@meanwhileinpoland_ no i meant they banned it as currency, I don't think it's legal anywhere to open a business where gold is used as a currency instead of the approved currency.
Old school British money. 12 Pennies in a Shilling, 20 Shillings in a Pound, meaning 240 Pennies in a Pound, they also had half-pennies and Farthings (quarter-pennies) and prices were given in three numbers. And there are people who actually want to bring this system back!
It's actually not a bad system, though unintuitive to those attuned to the modern decimal world. 240 is simply an absolutely fantastic number. It's a highly composite number and a refactorable number. It has 20 divisors, compared to 100's 9, each of which can be easily divided further as all but a few of those divisors are equal numbers (compared to 100's 5 even divisors - good luck splitting costs evenly between 3 people). While some of the more odd coins (e.g. guineas - a relic of the silver standard and the fluctuating value of the equivalent in gold) may serve to make the system feel more confusing, the 240p pound is actually a very human system. Why would it have naturally come into existence if it wasn't?
@@sussurus you know what's a hell of a lot more important than how many ways money can be divided? Counting it. And that system is an absolute nightmare to count.
@@HolgerJakobsOur coins were 1/4d (farthing), 1/2d (half-penny), 1d (penny), 3d (threepenny bit), 6d (sixpence), (1s = 12d (shilling)), 2s (Florin), 2.5s (half-crown), 5s (crown). 10s and (20s = £1) were notes back then (inflation right? 1 pound being a banknote and super valuable!!)
Higher denomination, while it is typically a result of economic problems, doesn't mean stronger or weaker currency. We need to distinguish between past and present economic problems.
you can lose money through exchange rates. 100 USD might only get you 80 USD worth of stuff in another currency, its called currency under/overvaluation
T HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG?
Stock's are crashing, Bitcoin Investment right now will be at every wise individual list in a month you we be ecstatic with the decision you make today
Indonesia rupiah is another country where you could get 15 million rupiah for about 1000usd. Which is quite interesting to spend, cause the conversion is so massive it feels weird.
@@a2gamerz607 that too, coz literally all bordering countries are like 3-4 times worse than us, Myanmar is fucking worse, 1 inr= 0.030 Myanmar currency, in short, we are probably the most decent in conversion rate in this region
Try reading this : 500.000.000.000 - One bill. Yugoslavia January 1994 - January inflation, compared to the previous year, amounted to 550,000,000,000,000,000,000%. The growth of the German mark in the same period amounted to 670 000 000 000 000 000 000%. Prices increased at a rate of 2% PER HOUR or 0.029% per minute. AND ALL THIS, THANKS TO YOU GUYS.
Thats how my dad won a lunch and dri ks for everybody 😂😂😂😂 Randomly rhey came to the topic money and veeing rich, than my dad told to the teamleader that hes a billioner, everybody where laughing, than my dad made the bet😂 Than he pull out the one billion bill from the old days when Yugoslavia had a huge inflation and the currency went into billion😂 The Yugoslavian friends knew what he means but keot silent😂😂😂😂
I have never felt like this, when they give me 400 Argentine pesos for every dollar I feel cheated, as if they were giving me worthless papers, instead spending 400 Argentine pesos per dollar feels good, like you are exchanging papers that don't cost anything get for a valuable coin
For me it is the Turkish lira because, I’m from a Turkish immigrant family and in my childhood we used to go almost every year to my grandparents in Izmir. And due to a lack of time and a lot of work I haven’t been there for a long time since recently last year and I was shocked the first time I saw the prices.
Cambodia which uses the US dollar and their own currency together. Their own currency is mostly used for smaller amounts and cents. That was a weird experience.
I was reading about the inflation in Germany after WW1. They use another 100 group called "Milliarde" which is Billion in English. However they use Billion for the English Trillion. Because of this, many people understate the amount of inflation in Germany from the Armistice until the monetary system collapsed in 1923. It was difficult for me to understand the huge inflation that one author wrote about because he used the German system. If I remember right, at the start of WW1, 3 gold marks were worth one US dollar. Just before the collapse in 1923, 4,120,526,600,000 marks was worth one US dollar.
@@mr.x4935 shorts just has a few features that I don't like for example the fact that everyone is copying each other and noone does anything about it and that you can't move the time of the video
Polish złoty used to be crazy like that in the 80s and early 90s. They had to drop 4 zeros because it was getting ridiculous. A candy bar would cost thousands, a bike could cost millions. My dad said that one year he bought a car and the next year a toddler bike cost the same amount. That's real inflation.
"A candy bar would cost thousands, a bike could cost millions" I'm in Vietnam, and I have to say that this is true here. Fortunately, we got really "numb" to this feeling of inflation (there have been relatively minor changes in the USD to VND exchange rate). Also, as a result of that, we talked about the prices of items 20-30 years ago in "bowls of phở" (phở is a very well-known Vietnamese noodle soup, usually made with beef but sometimes with chicken.)
@TR0J4N Was, my friend. Was. I had troubles finding a place to exchange my GBP to a local currency in many places even before Brexit, can't imagine now. Dollars? Sure. Euros? Yes, please. Pounds? What's that? Don't you have some real currency?
@@olmostgudinaf8100 If you've got some worthless pounds, you can send them to me and I'll make sure they get disposed of properly. I'll even pay you postage!
You do not lose money when you exchange US$ for Kuwaiti Dinar. The exchange rate meant that 30 Kuwati Dinar can buy the equivalent value of US$100 in Kuwait. Based on the above logic of losing money, do you become super rich when you exchange US$ for the Zimbabwe Dollar?
As an American citizen that lives a few miles from Canada, the weirdest currency I've dealt with is the Canadian dollar. It's not that I've ever visited Canada, but every pocket of coins has some of theirs in it. Oh well, cashiers don't notice.
As a Canadian who’s been to the USA, our coins are the same, work in all vending machines then feel like your getting a steal of a deal. Minus the loonie and toonie.
@@mitchelpohl8635get thing you also feel a bit better even for a bit when leaving the loonie toon aka Canada for the US, no wonder the US has better Canadians than Canada 😂
@@USandGlobal in Canuckistan you won’t see the good ones we to busy trying to scratch a living. The ones who left the Stan are most definitely the best one no denying it!! The only thing we got going that’s better is stronger beer!! Cheers my southern neighbour!!
100>30 but that has nothing to do with being robbed. You don't get richer just by exchanging dinnars to USD , it's all about the country cost of living
When I first moved to Japan back in the late '80s, I worked hard and eventually saved a million yen. This made me feel good because I could say I was a millionaire.
It's not the hyperinflation that's confusing, it's the fact that you have multiple prices to the dollar, from the official one to sayrafa to the black market
Argentina in early 70's had 2 issues of banknote, virtually identical, but the new one had 3 less zeros but the same value! Made getting scammed super easy.
Iraqi dinar post regime. The new currency without Saddam messed with everyone. There was lots of old currency floating around that was legitimately worthless, but people were trying to use it.
In Cambodia, they use two currencies, three near the Thai border. Once a cop stopped me and asked for 15 usd. I opened my wallet and showed him that I only had Cambodian rial on me, which is 4000=1 usd. You can corruptly steal these I guess. He grunted and accepted. Two minutes after I drove away I remembered I was wearing a ouch around my neck where I had a bunch of USD. I went and bought things from honest vendors. Best feeling ever.
@@k.umquat8604 this situation is quite twisted. I want to believe that the Central Bank is still printing new notes but we still have some corrupt elements within this commercial banking system that are hoarding and or directly giving millions to a selected few(rich, politicians, cooperate organizations e.t.c.). Which is why printing of more Naira hasn't really changed anything... Its just a waiting game right now. Sooner ore later, cash will begin to go round as it should when the hoarders have stashed enough of it.
@@k.umquat8604I don't think it's a money printing problem, I would say it's corruption, if Nigeria printed little money then they would have deflation, but it's not like that, charging you money to get money from the bank doesn't make sense, they are taking advantage of people
@@ialmethen Wait, so what you mean is that the sudden surge in the country's exchange rate value in relation to the world 🌎 only began in the recent 20 years ?
Nothing will ever beat the German marks after world war 1. My Oma, who is 96 (born in 1927) said her parents would say before she was born, they would see people burn their own money in the streets because it was worthless and couldn’t even afford loaves of bread or corn. It got so bad, they used the money to warm themselves because the money would burn easily. The German people were screwed over by the government and the world wasn’t exactly nice to Germany after the wars end for several reasons.
@@Gk1lo this is about the First World War, not the second one with Nazi Germany. This was under Kaiser Wilhelm II, and the government was taken over by extremists. The people of Germany didn’t even want war, they got everything taken from them at the end when they didn’t even start it. Germany doesn’t need to be bombarded every 50 years lol, Germans like my family understand the government screwed them over. Most people in Germany during WW2 hated the Nazi regime and wanted it to end. If there’s a problem, it’s the government.
@@Gk1lo this is about the First World War, not the second one with Nazi Germany. This was under Kaiser Wilhelm II, and the government was taken over by extremists. The people of Germany didn’t even want war, they got everything taken from them at the end when they didn’t even start it. Germany doesn’t need to be bombarded every 50 years lol, Germans like my family understand the government screwed them over. Most people in Germany during WW2 hated the Nazi regime and wanted it to end. If there’s a problem, it’s the government.
For a lot of other people, the Norwegian krone(crown) is confusing with a single dollar being 10.15, while being around 8 only a couple months ago. Some people don't realize this though, and go, for example "Why in the world does this dang book cost 250 dollars?!" While it is actually just around 25$.
No one can beat the hipersuper+ ultra pro inflation at Hungary after WW2, basicly the paper that was painted on was more valuable then the currency itself
A bit like Venezuela the hyperinflation suspiciously and totally unrelatedly happened when the Zimbabwean government did something the west didn't like (expopriated the tiny white minority of the insane amount of land they owned) but it was definitely unrelated to that.
The most confusing currency, at least on the surface, would have to be pre-decimal British currency, but once you understand it, it's so much better than any decimal currency. Basically, it's base 240. Like I said, it sounds confusing, but there are some great reasons to use base 240 currency. For example; you can't evenly divide decimal currency by three. It also makes a lot of sense, with a pound being a pound of sterling silver. There were 12 shillings in a pound, and 20 pennies in a shilling. Another great benefit of silver currency is that counting can be done by weight, meaning if you go into a bank with a bag of mixed coins, the teller can quickly weigh it and credit that amount to your account.
Toman and rial explanation (as a persian): So as he said when you want to turn rial into toman you have to take out a zero from the rial. For example 500,000 rial is 50,000 toman. Persians also like to say things like 5 tooman instead of 5,000,000 tooman or 5,000 tooman so you kinda have to guess what amount they're talking aboit depending on what your buying or you can make sure by asking the price again "1,000,000 tooman?" The shorten version is also on the paper for example 50,000 tooman has a 50 in the top corner.
It’s better than every currency, every other currency literally looks like Monopoly money or rainbow cash 😂. Felt good holding the reserve currency in your hand didn’t it😂
As we live in Indo-myanmar border some time we visits Myanmar where we see people carrying money in the sacks to buy expensive things . It's so funny to experience it for the first time.🤣🤣
The reason the currency is so high is because of runaway inflation that occurred when France and other countries conquered them and brought their central banks in to completely destroy their economy.
USD. Every note is the same size so you can't tell what a note is at a glance. In the UK and Europe, the different denominations are different sizes and colours which makes life much easier.
I'm american. Years ago I was a cashier and a British woman (or somewhere in that area of the world) asked me to help her count out coins. And she remarked that she thought it was odd that nickel is worth less than a dime even though the dime is smaller. I think about that allot because it makes sense.
Yup, married to a Persian man. Been together for 10 years, spend 6 vacations in Tehran and I still don’t have a clue how their money works. Also it’s insane how fast the value of their currency went down
I've tried two of these , the Kuwaiti dinar is not very confusing to the Saudi people as it is around 10 SAR ( 11.5 to be exact ) two other currencies are the same in the gulf Bahraini dinar around 10 SAR and the Omani riyal also 10 SAR. So we are basically used to it. Irani riyal is another story , in the streets everyone will tell you the price using Toman , royal is only on paper. I've never encountered any who use it on a daily basis
Turkey used to have old lira and new lira at the same time and if you wasn't careful you'd "accidentally" get the wrong change leaving you out of pocket.
I mix up franc and riyal in morocco as moroccon thst lives abroad can u pls explain which is which i know doro is half a dirham and either riyal or franc means 1/20th dirham but whic is which
Zimbabwean dollar : laughs in hyperinflation
Kinda sad that its gone
they've defaulted and iirc they're now using US Dollar
The Hungarian pengő: *amateurs*
@@Burg7. 100 000 000 000 000 Zimbabwean dollars= 40 cents
@@Skewslight zimbabwe hyperinflation currency is literally worth nothing💀
"feels like being robbed"
Literally everyone from a third world country :"this your first time ?"
Robbed is an understatement, a whole day of work will pay for barely to eat, and outside of their country, its "NOTHING" this being just robbed feeling only applies to people of privilidged places,
If you want a clear example, our minimum wage is around 8-9 k liras, and thats barely enough for a family of 4, the worst part is.. with the inflation, that equals to maybe around, 400 usd, facking 400!! and becaus everything is so connected to this "free market US bullsh1t" its worth is equated to us and not to the condition of the currency origin, I would LOVE to just feel "robbed" instead of being facking made irrelevant in life
Basically everyone coming from a country to one with a stronger currency: 😮
Literally everyone other user OTHER THAN EURO, USD, GBP feels the Same.!
@@sasmalprasanjit2764 EXACTLY
L bozo + ratio + EZZZZZ + cringe + cope + seethe + mald + counter L ratio + Ultimate bozo × crybaby 🗿🗿🗿
When else have you ever seen 15 million of any currency?
Zimbabwe: *laughs in trillion dollar loaf of bread*
Paraguay
Hungary is also a strong candidate, 1$ is 360 HUF rn
I still have a bank note about 100 billion Reichsmark from the late 1920s.
Old romanian currency was such, people still refer to most prices using the old method which iirc an average wage was 3million ron, with stuff costing in the 10k+ mark obviously.
Somali shilling:
Bruh buying a trash 1997 Saab with 15 mil 😂
The US dollar : all the bills are the same size and color!
Seriously!
Can you not read the giant numbers on each corner? And yall call americans stupid
The same size is useful I think, so you can neatly fit it all in the same place. But yeah, it'd be nice to make them more colorful😅
Good thing they have those huge numbers on them then!
@@cameronspence4977it is funny... when you are not blind...
Lol us Venezuelans are in such deep shit we don’t even use the money anymore, “you want this tv? Get me a gnome!” “You want this gnome? Make me food!” It’s a damn video game quest line out here.
Trade for a camera, video your adventures and progress. Speedrun your way to a plainticket outta there maybe? Post it as gameplay footage of a next gen title etc
Damn that really sucks.
Please tell me if I'm wrong, but didn't this happen because the past like 4 administrations built the entire economy on oil and then Chavez nationalized it, leading to a US embargo an inability to keep the govt stable?
Luckily I do all the side quests first before battling the first boss.
tell me more about this gnome
07 based economy
“Feels like being robbed”
Any other country that doesn’t use USD or Euros: first time?
Lol
FR 😭😭😭
So trueeee
that's what I though lol
Any other country?😂
If you ever visited the UK before 1971, pound sterling never used to be metric. Dollars were created for each colony to be a simple metric currency.
12 pennies were 1 shilling, and 20 shillings were 1 pound.
So 240 pennies or 40 sixpences is £1.
Lowkey glad I wasn't alive then.
Zimbabwe holding a 100 trillion dollar bill: *P A T H E T I C*
That feeling you had in Kuwait.. is what the rest of the world feels when exchanging their currencies for the dollar.
Except for EU. And UK.
@@jur4xThere are other nations that have strong currencies, Swiss for sure, but I think Norway too
Nahh, many country has higher currency then them actually..
Damn, that's savage. And true.
@@M_Marconot sure if true, but my teacher said that the Swiss banks or government have to intervene in our currency to keep it lower then it really is.
The US dollar. No matter how much I make of it, it keeps disappearing out of my bank account. Boggles my mind everyday.
you dont need to worry about money if you steal everything and dont pay rent. getting arrested? what do you think the high caliber machine gun with uranium freedom is for? little uranium freedoms too btw, to be shot. always get the dumb little police 😂
LOL
Because you’re using addition. Have you tried multiplication sir?
@@supreme5998 Normal people don't understand those sorts of things, and shouldn't try to.
my money keeps disappearing 😡😒
British pre-decimal money. 2 farthings to a halfpenny. 2 halfpennies to a penny. 12 pennies to a shilling, 20 shillings to a pound. 21 shillings to a guinea. We used to have farthings, hapennies, pennies, thruppenny bits, tanners, bobs, 2 bobs, half crowns, and 10 bob notes. In olden times there were groats, florins and sovereigns too! My dad was fond of telling me he could take a bus up west, watch a movie, have a fish and chip supper and have change out of half a crown!
My nana spent an hour trying to explain the Pre-decimal pound to me… still have no idea how it works lol.
@@clunkCA what do you not understand? A pound was divided into 20 shillings, a shilling was divided into 12 pence. 240 pennies to the pound. There were a series of coins worth different amounts. 1/2, 1, 3, 6, 12, 24, 30 and a note worth 120. It's not difficult.
@@terranceparsons5185 Much harder to retain knowledge as an adult. I’m a new construction HVAC tech here in Canada. In Canada all construction measurements are in imperial. We didn’t learn imperial in school, only metric. Been in the industry for 3+ years now and it took me a good year to fully wrap my head around imperial and and the silly fractions of inches. Same for pre-decimalized currency. Didn’t grow up with it, so it’s hard to retain the knowledge.
Bruh how tf is 30 dinaar for $100 being robbed? That's the exchange rate. A $100 phone will cost 30 dinaar.
Thats what im saying. Unless it costs 100 dinar, then yea ur being robbed 😂
You are being robbed
How much Kuwaitis earn per month?
Its a feeling. its not what's happening big dawg. You FEEL like ur being robbed. Its a figure of speech
It depends on cost of living.
$100 = 30 dinars doesn’t mean anything.
Imagine being confused by an exchange rate less than 1
Or having to add a zero to a currency with a different name and look to it
The only way I'd get confused is if they had different banknotes for them.
Fr
@toxic_narcissist I think he just meant the most confusing not that he was confused. Obviously, something with an exchange rate different from one is more confusing than just 1. So I think he just picked the currencies with the weirdest exchange rates he has had to deal with.
Americans…
"it's weird putting in 100 and getting 30 back"
hungarians when they put in 2000 forint and get 5 euros back:
2002 italians whem they put 2000 liras amd they got 1 euro
Imagine working for years you get to britain for a vacation and it turns out you cant even afford a cup of coffee
i dont think thats how exchange rates work lmao@@TheAnnoyingBoss
@@I-am-Gioyes but the average salary was more than one million
Cuban peso was weird because the government says it’s 1usd to 20 or something but it’s actually more like 1 to 240 if you do it through anyone but the government
Very similar situation in Argentina in the last few years
Briefcase full of money: 😃
It’s Venezuelan currency: 😦
bro was flexing 4 dollars💀💀
Hella ong fr ngl no cap 🧢 👁️👄👁️
@@fenyx2558 can't u just said true instead all the thing u said
@@cleverbuckle808 i forgor 💀
@@fenyx2558 🥶
@@fenyx2558 Why must zoomer vocabulary tend to use the Name in vain and sound so horrid
"you will lose money at the ATM" ... boy re-defines stupidity
we should all move to Japan and be rich
@@MichaelfromtheGraves Japan is nothing. Korean won is about 1/8 the value of JPY. and Vietnamese Dong is even worse. 1 USD = 23 thousand Vietnam Dong
@@f0292 I always thought VND was stronger than IDR
Aren't there fines for exchanges?
😄
This dude is like the most vanilla uninspiring traveler I’ve ever seen
The English when they receive Scottish banknotes:
That was one of the strangest things about Scotland when I went there, quite a middle finger from the English
Literally me
I want to get my hands on a Scottish bank note but people want way over face value for it
Bro I had a 5 billion Zimbabwean bank note with a freaking expiration date.
You don't have it now because it's expired?
@@drovoseg I still have it somewhere but idk where it is right now.
Wow, you have money to buy.... 3 eggs?
@@alone2break I'd say abt an egg now
I still have 500 billion Yugoslavia banknote.
I was once in Vietnam and it felt so weird to tip 100.000 to the waiter
Fun fact: they call it dong 🤦♂️
@@hussainalqalaf8781 it's because dong means bronze in our language, and our first type of currency is made of bronze pennies so it's called that way
Atleast dong has some decent amounts Laotian kips largest denomination is worth five quid you end up with so much paper, plus dongs are mostly plastic now easier to manage.
@@hussainalqalaf8781 ohh you touch my tralala 😤 yea my ding ding dong 😥
Yep me too paying hotels 4 millions dongs
Monopoly money throws me off. I never can get the change machine to take them
Damn who knew it doesn't feel nice knowing your currency isn't the strongest
The most confusing currency is the one I earn at my job. It just goes away
😂😂
The best currency is gold, and they banned it all over the world. It's a calculated power grab
@@sal_strazzullo where they banned it? In Poland you can have like a stockpile of gold bars and gov cant do anything about it
@@meanwhileinpoland_ no i meant they banned it as currency, I don't think it's legal anywhere to open a business where gold is used as a currency instead of the approved currency.
@@sal_strazzullo aa, so that's what you meant. You can pay by gold only on gray or black market
Old school British money. 12 Pennies in a Shilling, 20 Shillings in a Pound, meaning 240 Pennies in a Pound, they also had half-pennies and Farthings (quarter-pennies) and prices were given in three numbers.
And there are people who actually want to bring this system back!
Those people must be really old.
I’m young, few like it would be fun to have back.
Americans don’t realize or appreciate that their money is metric. Ssshhh
It's actually not a bad system, though unintuitive to those attuned to the modern decimal world. 240 is simply an absolutely fantastic number. It's a highly composite number and a refactorable number. It has 20 divisors, compared to 100's 9, each of which can be easily divided further as all but a few of those divisors are equal numbers (compared to 100's 5 even divisors - good luck splitting costs evenly between 3 people). While some of the more odd coins (e.g. guineas - a relic of the silver standard and the fluctuating value of the equivalent in gold) may serve to make the system feel more confusing, the 240p pound is actually a very human system. Why would it have naturally come into existence if it wasn't?
@@sussurus you know what's a hell of a lot more important than how many ways money can be divided?
Counting it.
And that system is an absolute nightmare to count.
Kuwait: 🗿 Lebanon: 😂 🤫
1 iran
2 Iraqi dinar
3 Indonesia currency
You know whats real insanity? 29 Knuts in one Sickle, and 17 Sickles make up a Galleon.
This should have more likes
A Harry Potter fan!
Until the 1970s there were 12 pennies to a shilling and 12 shillings to a British Pound Sterling.
@@HolgerJakobs I thought there were 20 shillings in a pound.
@@HolgerJakobsOur coins were 1/4d (farthing), 1/2d (half-penny), 1d (penny), 3d (threepenny bit), 6d (sixpence), (1s = 12d (shilling)), 2s (Florin), 2.5s (half-crown), 5s (crown). 10s and (20s = £1) were notes back then (inflation right? 1 pound being a banknote and super valuable!!)
You’re not losing money, that’s just the exchange rate, the value remains the same
well he's American what can we expect
@@anyaforger2021"it feels like". And also the restaurant they went to have dinner at scammed them so hard
not that true actually
Higher denomination, while it is typically a result of economic problems, doesn't mean stronger or weaker currency. We need to distinguish between past and present economic problems.
you can lose money through exchange rates. 100 USD might only get you 80 USD worth of stuff in another currency, its called currency under/overvaluation
Magnus comes late.
If he comes early, his opponent will come late.
T HAVE INCURRED SO MUCH LOSSES
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I haven't had to deal with any other countries, but I feel that the Zimbabwe trillion dollar bill would fit the description
I don’t think they have a trillion dollar bill right now, it was long time ago since their loaf of bread costed a quadrillion dollars
@@iBacon yeah but of i remember they brought the Zimbabwe dollar back in 2021 or so
That was during their 2008 economic crisis. There hasn't been trillion dollar bills in years. The country is recovering.
Indonesia rupiah is another country where you could get 15 million rupiah for about 1000usd. Which is quite interesting to spend, cause the conversion is so massive it feels weird.
Nah that's a thing of the past now
Take out 100 $ but only received 30 Kuwaiti dinar
Laughs in Indian Rupees💀
Take out 10k, get like a hundred dollars, oh well atleast we aren't in as deep in shit as our neighbours and others
@@nova.3192neighbour who Pakistan?
@@a2gamerz607 that too, coz literally all bordering countries are like 3-4 times worse than us, Myanmar is fucking worse, 1 inr= 0.030 Myanmar currency, in short, we are probably the most decent in conversion rate in this region
Try reading this : 500.000.000.000 - One bill. Yugoslavia January 1994 - January inflation, compared to the previous year, amounted to 550,000,000,000,000,000,000%. The growth of the German mark in the same period amounted to 670 000 000 000 000 000 000%. Prices increased at a rate of 2% PER HOUR or 0.029% per minute. AND ALL THIS, THANKS TO YOU GUYS.
Anything that has denominations in the 1000s and millions 😂😂😂😂 I thought I was paying 45000 turns out it was only like 50 in my currency hahaha
Basically, I'm a billionaire but just not in the right country
Thats how my dad won a lunch and dri ks for everybody 😂😂😂😂 Randomly rhey came to the topic money and veeing rich, than my dad told to the teamleader that hes a billioner, everybody where laughing, than my dad made the bet😂 Than he pull out the one billion bill from the old days when Yugoslavia had a huge inflation and the currency went into billion😂 The Yugoslavian friends knew what he means but keot silent😂😂😂😂
A billionare who can only afford a loaf of bread 😂
@MrCakocalypse I used to live in belgrade just after nato bombed it, buildings were in the road on bits
"What's the most confusing currency you ever dealt with?"
Me: Every currency
Crypto
Im zimbabwe back then 2trillon dollers couldnt buy bread🤣🤣🤣
Germans in 1930s giving 50 billion marks and receiving one dollar:
"feels like you're being robbed" you know how currency exchange rates works right
Wait until he figures out some people robs you of 3 zeros by adding a K to their number
He is just use to getting more than 100 whenever he withdraws $100. So getting an amount smaller than 100 feels like he got less amount for his money.
he said "you feel like", he's just trying to say that you feel like you lost a ton of money when in reality, is the same amount.
As an Egyptian working in Kuwait sometimes, I feel very good going to an ATM back in Egypt 😊😁
I have never felt like this, when they give me 400 Argentine pesos for every dollar I feel cheated, as if they were giving me worthless papers, instead spending 400 Argentine pesos per dollar feels good, like you are exchanging papers that don't cost anything get for a valuable coin
Were do u work so i can visit you
How can i work in Kuwait bro.... it's always been my dream to work there🙏🙏
I am a Kuwaiti🇰🇼
The gas is so cheap 15$ for a full tank
For me it is the Turkish lira because, I’m from a Turkish immigrant family and in my childhood we used to go almost every year to my grandparents in Izmir. And due to a lack of time and a lot of work I haven’t been there for a long time since recently last year and I was shocked the first time I saw the prices.
Bitcoin is probably the most confusing currency
Cambodia which uses the US dollar and their own currency together. Their own currency is mostly used for smaller amounts and cents. That was a weird experience.
Interesting system.
Holy shit mention of my country!
And when you pay for something in $, you'll get the exchange money in local currency.
The most confusing curreny for me was the US dollar, because all the bills are the same size and colour.
I was reading about the inflation in Germany after WW1. They use another 100 group called "Milliarde" which is Billion in English. However they use Billion for the English Trillion. Because of this, many people understate the amount of inflation in Germany from the Armistice until the monetary system collapsed in 1923. It was difficult for me to understand the huge inflation that one author wrote about because he used the German system. If I remember right, at the start of WW1, 3 gold marks were worth one US dollar. Just before the collapse in 1923, 4,120,526,600,000 marks was worth one US dollar.
"where else in your life have you ever seen 15 million in a currency"
Zimbabwe: I'm 4 parallel universes ahead of you
I still have an old 500 000 000 Zimbabwean dollar note. Crazy to think how worthless that is/was.
Here are the three worst CZcams features:
-Removing the dislike count
-adding shorts
-their entire copyright and reporting system
Except shorts. Everything else agreed.
@@mr.x4935 shorts just has a few features that I don't like for example the fact that everyone is copying each other and noone does anything about it and that you can't move the time of the video
@@mr.x4935shorts is literally just tiktok
@@jukoja5357for me i can move the time
@@jukoja5357what about that feature thats really annoying on mobile sometimes that if you double tap it likes the short
Looks like I’m going to have 100 billion when I’m 22😅😅
If you're really feeling bad, withdraw 100 dinars from the bank, which will give you more than $300.
Polish złoty used to be crazy like that in the 80s and early 90s. They had to drop 4 zeros because it was getting ridiculous. A candy bar would cost thousands, a bike could cost millions. My dad said that one year he bought a car and the next year a toddler bike cost the same amount. That's real inflation.
"A candy bar would cost thousands, a bike could cost millions"
I'm in Vietnam, and I have to say that this is true here. Fortunately, we got really "numb" to this feeling of inflation (there have been relatively minor changes in the USD to VND exchange rate). Also, as a result of that, we talked about the prices of items 20-30 years ago in "bowls of phở" (phở is a very well-known Vietnamese noodle soup, usually made with beef but sometimes with chicken.)
Im not old enough to have experienced it myself, but the Pound was very confusing before decimalisation
Do you mean the shillings?
@@fajaradi1223 Pounds, shillings, pence, farthings, guineas, crowns, take your pick.
Nah they just have worthless currency.
@TR0J4N Was, my friend. Was.
I had troubles finding a place to exchange my GBP to a local currency in many places even before Brexit, can't imagine now. Dollars? Sure. Euros? Yes, please. Pounds? What's that? Don't you have some real currency?
@@olmostgudinaf8100 If you've got some worthless pounds, you can send them to me and I'll make sure they get disposed of properly. I'll even pay you postage!
Kuwait: I HAVE THE WEIRDEST CURRENCY
Lebanon: * Giggles *
Our Currency dosen’t change each year, not each month or week, not every day:)
EVERY HOUR🤯🤯
You do not lose money when you exchange US$ for Kuwaiti Dinar. The exchange rate meant that 30 Kuwati Dinar can buy the equivalent value of US$100 in Kuwait.
Based on the above logic of losing money, do you become super rich when you exchange US$ for the Zimbabwe Dollar?
As an American citizen that lives a few miles from Canada, the weirdest currency I've dealt with is the Canadian dollar. It's not that I've ever visited Canada, but every pocket of coins has some of theirs in it. Oh well, cashiers don't notice.
As a Canadian who’s been to the USA, our coins are the same, work in all vending machines then feel like your getting a steal of a deal. Minus the loonie and toonie.
@@mitchelpohl8635get thing you also feel a bit better even for a bit when leaving the loonie toon aka Canada for the US, no wonder the US has better Canadians than Canada 😂
@@USandGlobal in Canuckistan you won’t see the good ones we to busy trying to scratch a living. The ones who left the Stan are most definitely the best one no denying it!! The only thing we got going that’s better is stronger beer!! Cheers my southern neighbour!!
its kind of hilarious how some canadian coins and american coins look almost identical
Turkey in the '80s: I had 15million Lira in my pocket, worth 5DM
Except it was not 15 million in reality.
1 DM was never more than 1 million Lira, and in the 80s not much more than 1000 Lira.
100>30 but that has nothing to do with being robbed.
You don't get richer just by exchanging dinnars to USD , it's all about the country cost of living
"where else in your life have you seen 15 million of any currency"
1923 germans: AMETEUR!
When I first moved to Japan back in the late '80s, I worked hard and eventually saved a million yen. This made me feel good because I could say I was a millionaire.
In Yugoslavia during the 90s everyone was a billionaire
Man, must be nice living there during the bubble economy
Lebanese pound: laughs in hyperinflation 🇱🇧
Can relate
It's not the hyperinflation that's confusing, it's the fact that you have multiple prices to the dollar, from the official one to sayrafa to the black market
@@LebaneseGamer-PS5same
@@imadnemeir9455 Well that's exactly the problem we have 😂
Syria be like : hello friend 🙋🏻♂️
Lol at the Iran one - "because it drops a 0 at the end"..... Like dollars and cents, but only one zero 😂
Argentina in early 70's had 2 issues of banknote, virtually identical, but the new one had 3 less zeros but the same value! Made getting scammed super easy.
2008 Zimbabwe flashbacks:
I feel like I learn more Geography from you than my Geography teacher.
Haha! Thank you😀
Just like that, a heart by one of my most favourite youtuber. Checking that oof my bucket list :D
@@MoreTravelsWithDrewBinsky aaaand a reply! I should really go try the lottery some day...
Yeah because your learning it in long term, meanwhile your getting information in yt shorts in 60 seconds or less
You use that money sound too often
Iraqi dinar post regime. The new currency without Saddam messed with everyone. There was lots of old currency floating around that was legitimately worthless, but people were trying to use it.
In Cambodia, they use two currencies, three near the Thai border. Once a cop stopped me and asked for 15 usd. I opened my wallet and showed him that I only had Cambodian rial on me, which is 4000=1 usd. You can corruptly steal these I guess. He grunted and accepted. Two minutes after I drove away I remembered I was wearing a ouch around my neck where I had a bunch of USD. I went and bought things from honest vendors. Best feeling ever.
The Japanese yen… its so cheap it floats on water.
Nigeria''s Naira is currently so scarce you'll need to buy it using the same Naira🤷🏾♂️
I went to pos 5k yesterday and the woman told me it costs 1500. 🙆♂️ God help us.
It's getting worse so far, I just pray situation gets better soon🙏
Can't the Nigerian government just print more money? Sorry if I sound like an ignorant foreigner
@@k.umquat8604 this situation is quite twisted. I want to believe that the Central Bank is still printing new notes but we still have some corrupt elements within this commercial banking system that are hoarding and or directly giving millions to a selected few(rich, politicians, cooperate organizations e.t.c.).
Which is why printing of more Naira hasn't really changed anything...
Its just a waiting game right now. Sooner ore later, cash will begin to go round as it should when the hoarders have stashed enough of it.
@@k.umquat8604I don't think it's a money printing problem, I would say it's corruption, if Nigeria printed little money then they would have deflation, but it's not like that, charging you money to get money from the bank doesn't make sense, they are taking advantage of people
When in your life have you seen 15 million of any currency?,,
Zimbabwean Dollar: Hold my beer
"Even beating the US dollar and the Euro" British pound: Am I a joke to you?
honestly for Kuwait you simply walked right into to it! 😂 It's a no travel zone for many even the wealthy avoid it.
True , im kuwaiti and im telling you its expensive . Wish things were like the 90s
@@ialmethen Wait, so what you mean is that the sudden surge in the country's exchange rate value in relation to the world 🌎 only began in the recent 20 years ?
@@Investingintanzania no , the dinar what always the same , but the prices were better during the 90s
Well he’s trying to go to every country in the world so he kinda has to
@@ialmethen Ooh! Ok, didn't know that.
Nothing will ever beat the German marks after world war 1. My Oma, who is 96 (born in 1927) said her parents would say before she was born, they would see people burn their own money in the streets because it was worthless and couldn’t even afford loaves of bread or corn. It got so bad, they used the money to warm themselves because the money would burn easily. The German people were screwed over by the government and the world wasn’t exactly nice to Germany after the wars end for several reasons.
That is exactly our situation in Iran . I hope it changes for us too
Oh poor nazi Germany, the world was so bad with you! Pfff. Germany has to be bombarded every 50 years. There mustn't be a reason, germans know why
@@Gk1lo this is about the First World War, not the second one with Nazi Germany. This was under Kaiser Wilhelm II, and the government was taken over by extremists. The people of Germany didn’t even want war, they got everything taken from them at the end when they didn’t even start it. Germany doesn’t need to be bombarded every 50 years lol, Germans like my family understand the government screwed them over. Most people in Germany during WW2 hated the Nazi regime and wanted it to end. If there’s a problem, it’s the government.
@@Gk1lo this is about the First World War, not the second one with Nazi Germany. This was under Kaiser Wilhelm II, and the government was taken over by extremists. The people of Germany didn’t even want war, they got everything taken from them at the end when they didn’t even start it. Germany doesn’t need to be bombarded every 50 years lol, Germans like my family understand the government screwed them over. Most people in Germany during WW2 hated the Nazi regime and wanted it to end. If there’s a problem, it’s the government.
After ww2 it was equally weird, as east Berlin’s d West Berlin had 2 different currencies
I remember pulling out 300 US in Qatar and having 2 fists full of cash
What’s the most confusing currency you’re ever dealt with?
Me:US Dollar😂
For a lot of other people, the Norwegian krone(crown) is confusing with a single dollar being 10.15, while being around 8 only a couple months ago. Some people don't realize this though, and go, for example "Why in the world does this dang book cost 250 dollars?!" While it is actually just around 25$.
Feels like being robbed in Kuwait
The rest of the world: now you know how us feel
No one can beat the hipersuper+ ultra pro inflation at Hungary after WW2, basicly the paper that was painted on was more valuable then the currency itself
Zimbabwe trying to not hyperinflated their currency for 2 seconds:
A bit like Venezuela the hyperinflation suspiciously and totally unrelatedly happened when the Zimbabwean government did something the west didn't like (expopriated the tiny white minority of the insane amount of land they owned) but it was definitely unrelated to that.
The most confusing currency, at least on the surface, would have to be pre-decimal British currency, but once you understand it, it's so much better than any decimal currency.
Basically, it's base 240. Like I said, it sounds confusing, but there are some great reasons to use base 240 currency. For example; you can't evenly divide decimal currency by three.
It also makes a lot of sense, with a pound being a pound of sterling silver. There were 12 shillings in a pound, and 20 pennies in a shilling.
Another great benefit of silver currency is that counting can be done by weight, meaning if you go into a bank with a bag of mixed coins, the teller can quickly weigh it and credit that amount to your account.
Toman and rial explanation (as a persian):
So as he said when you want to turn rial into toman you have to take out a zero from the rial. For example 500,000 rial is 50,000 toman. Persians also like to say things like 5 tooman instead of 5,000,000 tooman or 5,000 tooman so you kinda have to guess what amount they're talking aboit depending on what your buying or you can make sure by asking the price again "1,000,000 tooman?" The shorten version is also on the paper for example 50,000 tooman has a 50 in the top corner.
morrocan : only rial and toman ? no franc?
*north morrocan laughing in silence *
The most confusing currency I have had to deal with is the US dollar. All the notes were the same size, and the same color.
They literally have giant numbers on them
@@spicysnowman8886 Which does not help much when stacked in a wallet. Even if the stack is just a few notes.
@@klausolekristiansen2960 I've never had too much of a problem
It’s better than every currency, every other currency literally looks like Monopoly money or rainbow cash 😂. Felt good holding the reserve currency in your hand didn’t it😂
@@USandGlobal It is actually like Monopoly money. The notes are all the same size.
That's how we feel when we exchange money at the ATM giving 36000 to take 100 dollars
Back in the days in Hungary, we used to have hundreds of millions of pengő as money
As we live in Indo-myanmar border some time we visits Myanmar where we see people carrying money in the sacks to buy expensive things . It's so funny to experience it for the first time.🤣🤣
US dollar is easily the most confusing, the price written in the menu is clearly $50 but for some reason I have to pay $65
A 30% tip?! What did your waiter do, give you a massage with free drinks?
Ugandan currency..one minute you are a millionaire next minute after crossing over to the Kenyan side, you are reset to factory settings.
The reason the currency is so high is because of runaway inflation that occurred when France and other countries conquered them and brought their central banks in to completely destroy their economy.
USD. Every note is the same size so you can't tell what a note is at a glance. In the UK and Europe, the different denominations are different sizes and colours which makes life much easier.
You can literally look at it and see the number. It's a non issue
@@vicariouschism86 yeah, screw the people with visual impairment...
@@peterhallman9614 exactly. 😅
I'm american. Years ago I was a cashier and a British woman (or somewhere in that area of the world) asked me to help her count out coins. And she remarked that she thought it was odd that nickel is worth less than a dime even though the dime is smaller. I think about that allot because it makes sense.
@@shaney3541 Funny because the 2p coin in the UK is massive, and the 10p is larger than the 20p.
American dollars. Why don't you add tax to your price tags? It's the dumbest thing I've seen.
Yup, married to a Persian man. Been together for 10 years, spend 6 vacations in Tehran and I still don’t have a clue how their money works. Also it’s insane how fast the value of their currency went down
As an iranian,when I saw the title I knew that you are ganna say iranian rial,because even I was confused sometime😭😂
I've tried two of these , the Kuwaiti dinar is not very confusing to the Saudi people as it is around 10 SAR ( 11.5 to be exact ) two other currencies are the same in the gulf Bahraini dinar around 10 SAR and the Omani riyal also 10 SAR. So we are basically used to it.
Irani riyal is another story , in the streets everyone will tell you the price using Toman , royal is only on paper. I've never encountered any who use it on a daily basis
Yeah everyone calls them tomans but if you go to an online banking service its in rials, basically the more formal is rial
You know Zimbabwe exists right? I have a single 50 Trillion Dollar note. And their currency dropped way further after that.
Turkey used to have old lira and new lira at the same time and if you wasn't careful you'd "accidentally" get the wrong change leaving you out of pocket.
So, you are telling me that I am a multimillionaire? I just happen to be in the wrong country!?
Well, I will go to Venezuela and flex my millions!
Morocco out here with 4 different ways of counting lmao
I mix up franc and riyal in morocco as moroccon thst lives abroad can u pls explain which is which i know doro is half a dirham and either riyal or franc means 1/20th dirham but whic is which
@@aynamehd7455
1 usd = 10.25 dh
1 dh = 20 rials
10 dh = 1000 franc
soo i hope this hade sense to you but i have never heard of a doro before
@@aminekamili3586 doro is used mainly in the North of morocco
@@aynamehd7455 ok ok that's actually new to me
You need to add Zimbabwean dollars to the mix