Feeds:
Posts
Comments

Archive for the ‘Money’ Category

Exchange rate watch

1 GBP = 1937.3162 KRW
1 GBP = 1.1353 EUR
1 GBP = 1.5477 USD

2,300,000 KRW = 1187.2094 GBP

Bonus Exchange Rate

1 GBP = 348.2433 Icelandic kronur (singular: krona) ISK

Source: Yahoo! Finance.

Advertisements

Read Full Post »

Exchange rate watch

1 GBP = 1877.8788 KRW
1 GBP = 1.1147 EUR
1 GBP = 1.5152 USD

2,300,000 KRW = 1224.9718 GBP

Bonus Exchange Rate

1 GBP = 1.7768 Canadian dollars (CAD)

Source: Yahoo! Finance.

Read Full Post »

Exchange rate watch

1 GBP = 2,000.1 KRW
1 GBP = 1.1096 EUR
1 GBP = 1.4237 USD

2,300,000 KRW = 1,149.47583 GBP

Bonus Exchange Rate

1 GBP = 332.28 Hungarian forints (HUF)

Read Full Post »

Numismatics. Oldmismatics

While I’m a bit of a news junky, it’s not often that something in the news surprises me. Today saw the unveiling of the new designs for UK coins (except the £2 coin). Despite the fact that the competition to find the new designs was launched in 2005 I had no idea that such moves were afoot (or a-hand or a-any other body part).

I like these new reverses, though. The penny through 50p piece show details from the Shield Royal of Arms, while the pound coin shows the Shield in its entirety. They look like this:

newdesignsformation.jpg

as opposed to the previous Emblems of Britain designs which look like this:

Emblems of Britain Coins

The concept of the new design is an interesting and pretty groovy idea, but individually they’re likely to seem rather odd. The old designs – like every other coin in the history of coinage – were self-contained; each of the new coins refers to and can only be appreciated in relation to the others. You might even say these are post-modern coins.

According to the Royal Mint website for the new coins, the reason for the change is simply that there hasn’t been a change of design recently – since decimalisation in 1971, in fact. This seems a rather weak excuse for such a radical overhaul – and isn’t entirely true, as our coins have been evolving continuously throughout the subsequent period.

For my non-British listeners, there now follows a synopsis of modern UK coins (and the Brits among you might learn a thing or two, as well).

1966 Chancellor of the Exchequer, James Callaghan, announces the end of Imperial currency.

1968 5p and 10p pieces are released to circulate as shilling and two-shilling coins, whose dimensions they mirror.

1969 50p piece – the world’s first equilateral curved heptagonal coin – is issued.

1971 ½p, 1p and 2p coins are issued on 15 February, marking the advent of decimalisation.

1982 20p piece – another equilateral curved heptagon – is introduced. The word ‘NEW’ on coin designs is replaced with the value of the coin (ie, ‘NEW PENNY’ becomes ‘ONE PENNY’).

1983 £1 coin is issued; the pound note is withdrawn the following year.

1984 ½p is withdrawn.

1990 New 5p piece, smaller than its predecessor, is introduced.

1992 New, smaller 10p coin enters circulation.

1997 New, smaller 50p piece replaces its older incarnation. The bi-metallic £2 coin is minted, but does not enter circulation until the following year.

2008 New designs, based on the Shield of Royal Arms enter circulation.

As I said, I like the new designs, but I also like the old ones (apart from having the face of a hereditary head of state on it – but that isn’t changing, and is a different issue, besides). I’m a little torn between the instinct for change and the instinct for conservation, but at least it’ll give me new things to collect.

Read Full Post »

Exchange rate watch

1 GBP = 1.3392 EUR
1 GBP =  1.9508 USD
1 GBP = 76.418 INR (Indian Rupee)
1 GBP = 7.1603 AED (UAE Dirham)

Bonus Random Exchange Rate

1 GBP = 40.965 Gambian Dalasi (GMD)

Source: Yahoo! Finance.

Read Full Post »

Exchange rate watch

1 GBP = 80.065 Indian rupees (INR)
1 GBP = 1.3846 EUR
1 GBP = 2.0303 USD

Bonus Non-random Exchange Rate

1 GBP = 7.4563 Emirian dirhams (AED)

Source: Yahoo! Finance.

Read Full Post »

Exchange rate watch

As I’m currently in Canada I’m updating my exchange rate watch to include the Canadian dollar by default. Naturally, it replaces the Korean won.

1 GBP = 2.0218 CAD
1 GBP = 1.4332 EUR
1 GBP = 2.0194 USD

Bonus Random Exchange Rate

1 GBP = 10.125 Ukrainian hryven (UAH)

 

Source: Yahoo! Finance.

 

Read Full Post »

« Newer Posts - Older Posts »