World's Worst Currencies


	World's Worst Currencies
Rustee
11-17-2007 11:15 PM
448 views
tags:
economics, currency
Rustee says:
At the source, each in the list also has "What went wrong?" captions.
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a1ca62a2-517b-4266-a185-0dc63af804d6/DE7A4B81-3777-48B9-9470-ACB4309E9865/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.foreignpolicy.com/story/cms.php?story_id=3880" href="http://www.foreignpolicy.com/story/cms.php?story_id=3880" style="font-size: 11px;">www.foreignpolicy.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><SPAN class="fp_red">Somalia</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.foreignpolicy.com/img/13B7AB58-1100-4072-A16C-C571E579A58A" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><STRONG> Currency: </STRONG>Somali shilling (SOS)</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Inflation rate:</STRONG> Nobody knows. Whatever it is, it’s not low. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Exchange rate:</STRONG> 1,387.77 SOS per US$1 </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><SPAN class="fp_red"> Iraq</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.foreignpolicy.com/img/95D1FF4F-25C0-4A76-BA6E-F1191CD51F4B" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Currency:</STRONG> The new Iraqi dinar (NID) </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Inflation rate:</STRONG> 40.92 percent in April 2007 </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Exchange rate:</STRONG> 1,260 NID per US$1 </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><SPAN class="fp_red"> North Korea</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.foreignpolicy.com/img/CF72CB52-B4D1-4355-8010-ABFE59B5DA01" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Currency:</STRONG> North Korean won (KPW) </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Inflation rate:</STRONG> Who knows? Most prices, to the extent that they exist at all, are set by the central government. <BR /> </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Exchange rate: </STRONG>Officially, 141 KPW per US$1; 2,500 KPW/$ or higher on the black market </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><SPAN class="fp_red"> Venezuela</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.foreignpolicy.com/img/CB2B5CD6-462C-4065-AEBA-AF10E8A6B021" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Currency:</STRONG> The bolívar (VEB) </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Inflation rate:</STRONG> 19.5 percent as of May 2007 </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Exchange rate: </STRONG>Officially, 2,150 bolívars per dollar. But recently, the bolívar has been trading as high as 4,110 bolívars per U.S. dollar in the black markets. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><SPAN class="fp_red"> Zimbabwe</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.foreignpolicy.com/img/7950F27E-51CB-4015-8E91-40BC3245F36D" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Currency: </STRONG>Zimbabwean dollar (ZWD) </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Inflation rate:</STRONG> 3,714 percent and rising </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.foreignpolicy.com/story/cms.php?story_id=3880"><P><STRONG> Exchange rate: </STRONG>Officially, 250 ZWD per US$1; unofficially, as high as 60,000 ZWD to the U.S. dollar* </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DE7A4B81-3777-48B9-9470-ACB4309E9865/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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