History Main / RidiculousExchangeRates

18th Jan '18 3:16:16 AM jormis29
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* "Awful Flight", a FunnyAnimal parody of the Canadian supehero team ''ComicBook/AlphaFlight'' that appeared in an issue of ''The Spectacular Spider-Ham'' back in TheEighties, has one of the team excitedly point out a dollar on the ground. When the others ask what the big deal is, he explains that it's a ''US'' dollar! They're rich!

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* "Awful Flight", a FunnyAnimal parody of the Canadian supehero team ''ComicBook/AlphaFlight'' that appeared in an issue of ''The ''[[ComicBook/SpiderHam The Spectacular Spider-Ham'' Spider-Ham]]'' back in TheEighties, has one of the team excitedly point out a dollar on the ground. When the others ask what the big deal is, he explains that it's a ''US'' dollar! They're rich!
12th Jan '18 12:16:37 PM UppityParty
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* On October 2016, the Venezuelan bolivar is undergoing an inflation around ''700%'', and some predict, for the next year, a ''minimum rate'' of at least '''1500%'''. By September 2017 the bolivar was past 20,000 per USD.
** The opposition-led Asamblea Nacional reported an annual inflation rate of ''2616%'' for 2017. The exchange rate reached nearly 180,000 bolivars per USD, which is obviously over 210,000 per euro (as 12 January 2018).

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* On October 2016, the Venezuelan bolivar is undergoing an inflation around ''700%'', and some predict, for the next year, a ''minimum rate'' of at least '''1500%'''. By September 2017 the bolivar was past 20,000 per USD.
**
USD. The opposition-led Asamblea Nacional reported an annual inflation rate of ''2616%'' for 2017. The exchange rate reached nearly 180,000 bolivars per USD, USD (180 ''million'' pre-2008 bolivars), which is obviously over 210,000 per euro (as 12 January 2018).
12th Jan '18 12:10:47 PM UppityParty
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* In 1944, a dollar was worth 4 Argentine Pesos Moneda Nacional. Nowadays, a dollar is worth 6 Pesos Argentinos... except 1 Peso Argentino is worth ''10 '''trillion''''' Pesos Moneda Nacional after several revaluations. During the second half of the 20th Century, the Argentine monetary system would go like this: hyperinflation - rename the currency (Moneda Nacional, Pesos Ley, Austral, Pesos Convertibles, Pesos Argentinos) and drop some zeroes on the way - a decade or so of peace - whoops hyperinflation again - rinse and repeat. These days, inflation stands at 25% yearly, one of the 5 highest rates in the world.

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* In 1944, a dollar was worth 4 Argentine Pesos Moneda Nacional. Nowadays, a dollar is worth 6 Pesos Argentinos... 19 ''pesos argentinos''... except 1 Peso Argentino ''peso argentino'' is worth ''10 '''trillion''''' Pesos Moneda Nacional after several revaluations. During the second half of the 20th Century, the Argentine monetary system would go like this: hyperinflation - rename the currency (Moneda Nacional, Pesos Ley, Austral, Pesos Convertibles, Pesos Argentinos) and drop some zeroes on the way - a decade or so of peace - whoops hyperinflation again - rinse and repeat. These days, inflation stands at 25% yearly, one of the 5 highest rates in the world.


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** The opposition-led Asamblea Nacional reported an annual inflation rate of ''2616%'' for 2017. The exchange rate reached nearly 180,000 bolivars per USD, which is obviously over 210,000 per euro (as 12 January 2018).
25th Dec '17 5:22:05 AM TheOneWhoTropes
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* In Creator/RobertAHeinlein's ''Literature/TheNumberOfTheBeast'' it notes that the alternate-future U.S. went through a huge hyperinflation, and one New Dollar is worth 1,000 "old" dollars. Except that 1000-times redenominations are dime a dozen and don't mean that there was any huge hyperinflation, just a pretty ordinary one. Serious hyperinflation starts when your currency devalues by a ''billion'' times, and doesn't hit the "huge" mark until you get to UsefulNotes/WeimarGermany level.

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* In Creator/RobertAHeinlein's ''Literature/TheNumberOfTheBeast'' it notes that the alternate-future U.S. went through a huge hyperinflation, and one New Dollar is worth 1,000 "old" dollars. Except that 1000-times redenominations are dime a dozen and don't mean that there was any huge hyperinflation, just a pretty ordinary one. Serious hyperinflation starts when your currency devalues by a ''billion'' times, and doesn't hit the "huge" mark until you get to UsefulNotes/WeimarGermany UsefulNotes/WeimarRepublic level.
25th Dec '17 5:21:19 AM TheOneWhoTropes
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* One of the best known examples is the German mark (not to be confused with the pre-Euro ''Deutsche Mark'') from the interwar WeimarRepublic. Destroyed by the war and without a single penny left to pay the war penalties, Germany had no choice but to run the presses until the whole debt was paid; as a result, the Mark's value collapsed, and the biggest banknote ever printed was the 100 quadrillion Mark bill, ''which was worth something around 24 US dollars!''. When Stresemann became chancellor in 1923, the ''Rentenmark'' was issued at ''1 RM = 1 trillion Marks''.

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* One of the best known examples is the German mark (not to be confused with the pre-Euro ''Deutsche Mark'') from the interwar WeimarRepublic.UsefulNotes/WeimarRepublic. Destroyed by the war and without a single penny left to pay the war penalties, Germany had no choice but to run the presses until the whole debt was paid; as a result, the Mark's value collapsed, and the biggest banknote ever printed was the 100 quadrillion Mark bill, ''which was worth something around 24 US dollars!''. When Stresemann became chancellor in 1923, the ''Rentenmark'' was issued at ''1 RM = 1 trillion Marks''.
18th Nov '17 9:30:05 AM pwiegle
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*** It is implied (while never stated outright) that the time-travelers might be taking the Confederate bills back to their own time and selling it to collectors, thus recouping their losses (and then some).

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*** It is implied (while never stated outright) that the time-travelers might be taking the Confederate bills back to their own time and selling it them to collectors, thus recouping their losses value (and then some).perhaps more, since the bills are in new or nearly-new condition.) And, as they hail from South Africa, gold is readily available to them.
18th Nov '17 9:24:05 AM pwiegle
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*** It is implied (while never stated outright) that the time-travelers might be taking the Confederate bills back to their own time and selling it to collectors, thus recouping their losses (and then some).
24th Sep '17 3:36:06 AM RobTan
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** In one of the Halloween episodes, Homer attempts to smuggle souvenirs out of an unidentified Middle Eastern country without paying export duties. When he is caught, he is surrounded by armed policemen who demand he pay a fine "... of ''two'' American dollars!"
18th Sep '17 8:36:48 PM Ferot_Dreadnaught
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* {{Invoked}} and then {{Averted}} in an episode of ''Series/{{JAG}}''. Harm ends up in a fender bender caused by a beautiful Italian girl, who doesn't want any legal trouble and offers him several thousand Lira (in the form of a wad of cash) as compensation. Harm [[GenreSavvy points out]] that she's offering him less than twenty dollars. It's only later that Harm learns she is [[FourStarBadass Admiral Chegwidden's]] daughter, of course.

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* {{Invoked}} and then {{Averted}} in an episode of ''Series/{{JAG}}''. Harm ends up in a fender bender caused by a beautiful Italian girl, who doesn't want any legal trouble and offers him several thousand Lira (in the form of a wad of cash) as compensation. Harm [[GenreSavvy points out]] out that she's offering him less than twenty dollars. It's only later that Harm learns she is [[FourStarBadass Admiral Chegwidden's]] daughter, of course.
16th Sep '17 2:20:40 AM DrOO7
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* ''Series/{{Seinfeld}}''. The well-meaning Kramer takes a trip of Japanese tourists all over the city, not realizing that their several thousand yen is only a few hundred US dollars. Sure enough, they run out of money very quickly.
** In another episode, he and Jerry go to Italy and he's aghast at Jerry paying the taxi driver several thousand lira, again not realizing that it's only a few American dollars.
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