History Main / RidiculousExchangeRates

11th Aug '16 9:36:05 PM PaulA
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* In Creator/LoisMcMasterBujold's ''[[Literature/VorkosiganSaga The Warrior's Apprentice]]'', the protagonist, Miles Vorkosigan, is horrified to learn he's being paid in millifenigs. They are described as making "an eye-catching toilet paper"' and their value is tacitly confirmed when the Felician paymaster doesn't bother to get a receipt from Miles for a pallet of banknote bundles. 'Millifenig' becomes a swear word within a page of their introduction.
** After Miles ''wins'' the war he was hired to fight, millifenigs begin to be traded again, at about a tenth their prewar rate.
** In a later book in the series, ''Mirror Dance'', it is revealed that Miles has a framed millifenig on his bedroom wall.
** Oddly, Felice could do a 1000-to-1 redenomination quite simply, just by switching from ''milli''-fenigs to fenigs.
** The Barrayaran mark has a mild case of this. Upon hearing a figure in marks, most galactics mentally divide by four, to convert it to Betan dollars.

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* In Creator/LoisMcMasterBujold's ''[[Literature/VorkosiganSaga The Warrior's Apprentice]]'', ''Literature/TheWarriorsApprentice'', the protagonist, Miles Vorkosigan, is horrified to learn he's being paid in millifenigs. They are described as making "an eye-catching toilet paper"' and their value is tacitly confirmed when the Felician paymaster doesn't bother to get a receipt from Miles for a pallet of banknote bundles. 'Millifenig' becomes a swear word within a page of their introduction.
**
introduction. After Miles ''wins'' the war he was hired to fight, millifenigs begin to be traded again, at about a tenth their prewar rate.
** In a later book in the series, ''Mirror Dance'', it is revealed that Miles has a framed millifenig on his bedroom wall.
** Oddly, Felice could do a 1000-to-1 redenomination quite simply, just by switching from ''milli''-fenigs to fenigs.
** The Barrayaran mark has a mild case of this. Upon hearing a figure in marks, most galactics mentally divide by four, to convert it to Betan dollars.
rate.
9th Aug '16 6:54:45 AM Prinzenick
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Added DiffLines:

* In the Joe Oriolo WesternAnimation/FelixTheCat cartoon "Penelope the Elephant", Rock Bottom kidnaps a lost elephant from Felix that he intended to return to her Rajah for a 50,000,000 bakshee reward. Rock Bottom makes it there ahead of Felix, but to the formers shock, it turns out the reward money is worthless--50,000,000 bakshee is only worth 10 cents in American money. He's so flabbergasted at this outcome, he angrily throws the meager award aside and goes into shock, while Felix gets the last laugh.
19th Jul '16 7:38:02 AM OddHack
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** To be fair, as much as Americans like to joke about the Canadian dollar, it has never reached any "ridiculous" exchange rate against the US dollar. For the most part, it's been worth a little less than the US dollar (but never lower than 0.61 USD), but occasionally has been valued higher than the USD. Since the late 2000s, the US and Canadian dollars have hovered at about par, with the Canadian usually being worth ''slightly'' less, although at times it has fallen significantly below the usual range; American businesses near the border are generally more than willing to take Canadian coins (except the Loonie and Toonie, which have no widely-circulating American equivalent) without comment, and it's not at all uncommon for a Canadian business to take ''all'' American currency at par even if the Canadian is running slightly stronger at the moment.

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** To be fair, as much as Americans like to joke about the Canadian dollar, it has never reached any "ridiculous" exchange rate against the US dollar. For the most part, it's been worth a little less than the US dollar (but never (never lower than 0.61 USD), but occasionally has been valued higher than the USD. Since the late 2000s, the US and Canadian dollars have hovered at about par, with the Canadian usually being worth ''slightly'' less, although at times it has fallen significantly below the usual range; American businesses near the border are generally more than willing to take Canadian coins (except the Loonie and Toonie, which have no widely-circulating American equivalent) without comment, and it's not at all uncommon for a Canadian business to take ''all'' American currency at par even if the Canadian is running slightly stronger at the moment.
15th Jul '16 9:20:13 AM Quanyails
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* Since the British pound sterling is one of the largest units of currency in the world, jokes like this come up from time to time in British comedy, along the lines of, "I know a couple of people who just made $100 million US, which I think, if I've done the maths correctly, is roundabout £7.50"

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* Since the British pound sterling is one of the largest units of currency in the world, jokes like this come up from time to time in British comedy, along the lines of, "I know a couple of people who just made $100 million US, which I think, if I've done the maths correctly, is roundabout £7.50"50".
27th Jun '16 12:42:15 PM Willbyr
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See also RidiculousFutureInflation. Compare AstronomicalExchangeRate.

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See also RidiculousFutureInflation. Compare AstronomicalExchangeRate.\n
27th Jun '16 12:41:42 PM Willbyr
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[[caption-width:238:[[TruthInTelevision Zimbabwe's $100 billion banknote with the amount of goods it could purchase on its release date.]]]]

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[[caption-width:238:[[TruthInTelevision [[caption-width-right:238:[[TruthInTelevision Zimbabwe's $100 billion banknote with the amount of goods it could purchase on its release date.]]]]
27th Jun '16 12:41:28 PM Willbyr
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[[quoteright:250:[[TruthInTelevision http://static.tvtropes.org/pmwiki/pub/images/250px-Zimbabwe_$100_trillion_2009_Obverse.jpg]]]]
[[caption-width-right:250:The proceeds from [[AustinPowers Doctor Evil's]] latest scheme didn't go as far as he had hoped.]]

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[[quoteright:250:[[TruthInTelevision %% Image selected per Image Pickin' thread: http://tvtropes.org/pmwiki/posts.php?discussion=1465322514069498700
%% Please do not replace or remove without starting a new thread.
%%
[[quoteright:238:[[UsefulNotes/{{Zimbabwe}}
http://static.tvtropes.org/pmwiki/pub/images/250px-Zimbabwe_$100_trillion_2009_Obverse.org/pmwiki/pub/images/Hundred_billion_dollars_and_eggs.jpg]]]]
[[caption-width-right:250:The proceeds from [[AustinPowers Doctor Evil's]] latest scheme didn't go as far as he had hoped.]]
[[caption-width:238:[[TruthInTelevision Zimbabwe's $100 billion banknote with the amount of goods it could purchase on its release date.]]]]


Added DiffLines:

26th Jun '16 10:20:58 PM lavendermintrose
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-->-- ''Anime/FullmetalAlchemistTheConquerorOfShamballa''

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-->-- ''Anime/FullmetalAlchemistTheConquerorOfShamballa''
''Anime/FullmetalAlchemistTheConquerorOfShamballa''[[note]] Regarding the German Mark - see ''Real Life - Europe'' below.[[/note]]
17th Jun '16 11:16:54 AM DastardlyDemolition
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** The North Korean [[http://en.wikipedia.org/wiki/North_Korean_won Won]] lost even more value in 2009, largely due to the ill-advised financial reform that ignored ''all'' knowledge about how money works, even in a socialist command economy. Long story short, the government revalued the Won, chopping the two zeroes off it, but at the same time it instituted huge wage hikes to illustrate the nation's "prosperity". This would inflate the currency even in the most strictly controlled planned economy, but North Korea actually has a huge and poorly controlled black market, where normal economic mechanisms are at work, so the new Won dropped almost to the pre-reform value basically overnight.\

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** The North Korean [[http://en.wikipedia.org/wiki/North_Korean_won Won]] lost even more value in 2009, largely due to the ill-advised financial reform that ignored ''all'' knowledge about how money works, even in a socialist command economy. Long story short, the government revalued the Won, chopping the two zeroes off it, but at the same time it instituted huge wage hikes to illustrate the nation's "prosperity". This would inflate the currency even in the most strictly controlled planned economy, but North Korea actually has a huge and poorly controlled black market, where normal economic mechanisms are at work, so the new Won dropped almost to the pre-reform value basically overnight.\
24th May '16 8:23:25 PM nombretomado
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** While living costs are ridiculously low compared to developed countries (a KFC meal set consisted of a wing, a riceball, and a cup of Pepsi will cost you US$0.9), prices of imported goods varies from cheaper ($45 for a brand-new PS3 game, roughly half of locally mandated minimum monthly wage) to highway robbery ($1000 for an iPhone 4 ''on contract'') .

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** While living costs are ridiculously low compared to developed countries (a KFC meal set consisted of a wing, a riceball, and a cup of Pepsi will cost you US$0.9), prices of imported goods varies from cheaper ($45 for a brand-new PS3 [=PS3=] game, roughly half of locally mandated minimum monthly wage) to highway robbery ($1000 for an iPhone 4 ''on contract'') .
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