Currency Talk

LVL - Latvian Lats

2009-06-28T04:51:00.000-07:00

LVL, Latvian Lats,
is the fourth highest currency value in the world.
It is only one of the four currency that is highest then Sterling Pound,
which the other three is Kuwaiti Dinar, Bahraini Dinar and Omani Rial.
The currency is the highest within the European continent.

ISO 4217 Code: LVL
User(s): Latvia
Subunit: 1/100 - santīms
Symbols: Ls

Bank Notes available:
Ls 5, Ls 10, Ls 20, Ls 50, Ls 100, Ls 500

Coins available:
1 s, 2 s, 5 s, 10 s, 20 s, 50 s, Ls 1, Ls 2

Joining the Euro
From Wikipedia: Latvian Lats

Latvia has been a member of the European Union since 1 May 2004 and is a member of the Economic and Monetary Union of the European Union, but it has not completed the third stage of the EMU. The lats is in ERM II, and floats within 1% of the central rate, Ls 0.702804 = €1. Latvia had originally planned to adopt the euro as its official currency on 1 January 2008. It is now expected that Latvia will introduce the euro in 2012 at the earliest,^[1] although the head of the National Bank of Latvia has suggested that 2013 may be a more realistic date.^[2]

However, due to the current world financial crisis and the fact that Latvia is asking for help to the IMF, it is possible that the IMF will force Latvia to give up its currency peg as a precondition; taking officially Latvia out of the ERM II and possible moving the euro adoption date even further.^[3]

References
1. "Don’t look for the Euro until after 2012". New Europe. 2007-08-18. Retrieved on 2007-12-27.
2. "Bank targets 2013 as Latvia’s ‘E-day’". baltictimes.com. 2007-10-26. Retrieved on 2007-10-28.
3. "€5bn question is whether IMF will force Latvia to give up currency peg". Business News Europe. Retrieved on 2008-12-03.

OMR - Omani Rial

2009-06-06T12:04:00.000-07:00

OMR, the Omani Rial,
is currently the third higher currency in the world.
(Data up to June, 6th, 2009)
OMR owned by a country name Oman,
which is another Middle East country that having high currency,
right after Kuwait and Bahrain.
The currency value is pegged with USD,
which 1 Omani Rial equal to 2.6008 United States Dollar.

ISO 4217 Code: OMR
User(s): Oman
Subunit: 1/1000 - baisa
Symbols: ر.ع.

Bank Notes available:
100 baisa (1/10 rials), 200 baisa (2/10 rials), 500 baisa (1/2 rials),
1 rial, 5 rials, 10 rials, 20 rials, 50 rials.

Coins available:
5 baisa, 10 baisa, 25 baisa, 50 baisa

BHD - Bahraini Dinar

2009-05-23T01:46:00.000-07:00

BHD, Bahraini Dollar,
is currency used in Bahrain,
a country in Middle East.
It is currently the second highest currency in the world,
with the rate of BD1 = $2.62(USD) at 23rd May 2009.

ISO 4217 Code: BHD
User(s): Bahrain
Subunit: 1/1000 - fils
Symbols: BD or .د.ب

Bank Notes available:
BD ½, BD 1, BD 5, BD 10, BD 20

Coins available:
5 fils, 10 fils, 25 fils, 50 fils, 100 fils, 500 fils

MYR - Malaysian Ringgit

2009-04-22T21:41:00.000-07:00

MYR, Malaysian Ringgit, is a currency that used by Malaysia.
Ringgit mean dollar in Malay language,
which sen is represented cent in.
In July 21, 2005, Malaysia Negara Bank announce the end of peg to USD.

ISO 4217 Code: MYR
User(s): Malaysia
Subunit: 1/100 - sen/cent
Symbols: RM

Bank Notes available:
RM1, RM2, RM5, RM10, RM50, RM100

Bank Notes formerly available:
RM20, RM500, RM1000

Coins available:
5 cent, 10 cent, 20 cent, 50 cent

Coins formerly available:
1 cent, RM1

For banknotes and coins images,
please visit: Wiki - Malaysian Ringgit

Unable to Online

2009-04-16T11:00:00.000-07:00

I'm sorry to inform all of our visitors that due to local internet connection problem,
I'm not able to online (or experience many problem even I can online) within short time.
With this problem,
I'm currently not able to update this blog as the scheduled (1 post per week).
Please stay tune on our blog for new post once the connection is back.

AUD- Australian Dollar

2009-04-01T03:00:00.000-07:00

Australian Dollar, AUD,
is the currency that used by Commonwealth of Australia,
and some independent Pacific Island states.
This is included Australia mainland, Cocos (Keeling) Island
Norfolk Island, Christmas Island, Kiribati, Nauru and Tuvalu.

ISO 4217 Code: AUD
User(s): See above
Subunit: 1/100 - cent
Symbols: $ or A$

Bank Notes available:
$5, $10, $20, $50, $100

For more about AUD banknotes: Banknotes of the Australian Dollar

Coins available:
5 cent, 10 cent, 20 cent, 50 cent, $1, $2

For more about AUD coins: Coins of the Australian Dollar

SGD - Singapore Dollar

2009-03-24T10:52:00.000-07:00

Singapore Dollar, originally Straits Dollar,
which replaced by Malayan Dollar at Year 1939,
and again replaced by Malaya and British Borneo Dollar at Year 1953.
Singapore continues using its common dollar,
even after joining and formed Malaysia at Year 1963.
Until its independence in Year 1965,
it's issued their first coins and notes,
named Singapore Dollar.

The exchange rate is par at 1 SGD to 1 MYR until Year 1973,
but the exchange rate to Brunei is still 1 to 1 until today.

ISO 4217 Code: SGD
User(s): Singapore & Brunei
Subunit: 1/100 - cent
Symbols: $ or S$

Bank Notes available:
$1, $2, $5, $10, $20, $50, $100, $500, $1000, $10 000

Coins available:
1 cent, 5 cent, 10 cent, 20 cent, 50 cent, $1

For more about Singapore Dollar,
visits this: Wiki: Singapore Dollar

JPY - Japanese Yen

2009-03-20T14:41:00.000-07:00

JPY, Japanese Yen,
is the currency that use by Japan.
It is the third most-traded currency in the world,
and the most-traded currency in Asia.
The "yen", read as "en",
is borrowed word from Chinese "Yuan".

ISO 4217 Code: JPY
User(s): Japan
Subunit: None
Symbols: ¥

Bank Notes available:
¥1000, ¥2000, ¥5000, ¥10000

Check banknotes of JPY here: Banknotes of the Japanese Yen (Wiki)

Coins available:
¥1, ¥5, ¥10, ¥50, ¥100, ¥500

Click to enlarge!
Source: Wiki

EUR - Euro

2009-03-12T06:38:00.000-07:00

EUR, or Euro,
is a large-using currency that current use by 16 states out of 27 in European Union.
It is also used by 5 other countries with formal agreement,
and 6 unofficial countries without formal agreement.
It is the second-most traded currency in the world.

ISO 4217 Code: EUR
User(s): 16 countries from European Union, 5 other countries with formal agreement, and 6 without formal agreement.
Subunit: 1/100 - cent
Symbols: €

Bank Notes available:
€5, €10, €20, €50, €100, €200, €500

Check the image from Wiki:
Euro Banknotes

Coins available:
1 cent, 2 cent, 5 cent, 10 cent, 20 cent, 50 cent, €1, €2
Euro Coins

USD - United States Dollar

2009-03-03T19:06:00.000-08:00

United States Dollar is the largest traded currency in the world.
It is official currency of many country and de facto currency of some country too.

ISO 4217 Code: USD
User(s): United States and 11 other countries
Subunit: 1/10 - Dime, 1/100 - Cent(¢), 1/1000 - Mill
Symbols: $

Bank Notes available:
$1, $2, $5, $10, $20, $50, $100

Click image to enlarge!

Coins available:
1¢, 5¢, 10¢, 25¢, 50¢, $1

Click image to enlarge!

Great Britain Pound/Pound Sterling - GBP

2009-02-23T00:02:00.000-08:00

Great Britain Pound, or Pound Sterling,
is the oldest currency unit that still in use.
Great Britain is also the third largest reserve currency,
and also the fourth most traded currency after USD, EUR and JPY.

ISO 4217 Code: GBP
User(s): United Kingdom, Crown dependencies, Certain British Overseas Territories
Subunit: 1/100 - penny
Symbols: £ or ₤

Bank Notes available:
£1, £5, £10, £20, £50, £100

For mote information about GBP Bank Notes, visit Wikipedia: http://en.wikipedia.org/wiki/Banknotes_of_the_pound_sterling

Coins available:
1p, 2p, 5p, 10p, 20p, 50p, £1, £2

For more information about GBP Coins, visit Wikipedia: http://en.wikipedia.org/wiki/Coins_of_the_pound_sterling

Kuwaiti Dinar - KWD

2009-02-17T23:14:00.000-08:00

Kuwaiti Dinar is the currency that use in Kuwait.
Currently, Kuwaiti Dinar is the currency with highest exchange rate.
1 KWD is equal to 3.41 USD(rounded) at time of post publish.

ISO 4217 Code: KWD
User(s): Kuwait
Subunit: 1/1000 - fils
Symbols: د.ك

Bank Notes available:
¼ dinar (=250 fils), ½ dinar (=500 fils), 1 dinar, 5 dinar, 10 dinar, 20 dinar

Coins available:
5 fils, 10 fils, 20 fils, 50 fils, 100 fils

Coins cancelled:
1 fils

History of Kuwaiti Dollar
Kuwaiti Dinar is introduced in Year 1961 to replace Gulf Rupee.
It is equal to 1 pound sterling initially.
The Iraq invasion on Year 1990 cause large change on Kuwait market.
Iraqi Dinar replaced Kuwaiti Dinar as Kuwait currency and large quantity of Kuwaiti Dinar have been stolen.
After liberation, Kuwaiti Dinar have been restored and new series of bank notes released.
Previous bank notes included stolen one, have been demonetized.

Visit the link below to access Kuwait Bank homepage,
and check their copyrighted bank notes images:
http://www.cbk.gov.kw/WWW/gallery_issues.html

Welcome

2009-02-15T04:42:00.000-08:00

Welcome to my another new blog!
This is not actually a new blog,
but I will move my blog post from the old Wordpress to here one by one.

Stay tune for the post that will appear here within this few days.