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#11252 - Mon Dec 24 2001 09:47 PM Currency quizzes (and others)
bloomsby Offline
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Registered: Sun Apr 29 2001
Posts: 4095
Loc: Norwich England�UK���ï...
At the risk of being a bore - especially at this time of year - this is just to remind everyone that with effect from 1.1.2002 the Euro will be *the* currency of: Austria, Belgium, Finland, France, Greece, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. If all goes according to plan, the old national currencies will be out of circulation by 1st March 2002. This is of relevance not only to currency quizzes but also a fair range of others, too.

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#11253 - Wed Dec 26 2001 12:50 AM Re: Currency quizzes (and others)
Bruyere Offline
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Registered: Sat Feb 10 2001
Posts: 18899
Loc: California USA
Thanks as here in France we're in the throes of the change...that's why I don't get the holiday off except for Christmas day itself.
The switchover is coming rapidly upon us.
Any coin collectors, each country will issue its own Euros, and I just saw a packet of Monaco ones...didn't know they'd do it. They usually use French currency, issue a few coins of their own, and then you can't use those outside of the Nice Monaco area.
It's going to effect stamp collectors I imagine too, as the denomination is going to be in Euros, but issued by the individual countries.
Yes! I collect stamps, so what?
Can you imagine the textbooks being remade? We had a meeting at the school about it...the teachers are stressed out. My son is used to dollars so he has no problem, money is money!
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I was born under a wandering star.

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#11254 - Tue Dec 25 2001 02:24 PM Re: Currency quizzes (and others)
Copago Offline
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Registered: Tue May 15 2001
Posts: 14384
Loc: Australia
quote:
: Austria, Belgium, Finland, France, Greece, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.

Isn't Great Britain changing? How come?


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#11255 - Tue Dec 25 2001 02:31 PM Re: Currency quizzes (and others)
sue943 Offline
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Registered: Sun Dec 19 1999
Posts: 38005
Loc: Jersey
Channel Islands    
More sense

We are kicking and screaming trying to resist the European takover.

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Many a child has been spoiled because you can't spank a Grandma!

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#11256 - Tue Dec 25 2001 02:57 PM Re: Currency quizzes (and others)
wimm Offline
Mainstay

Registered: Sun Oct 07 2001
Posts: 912
Loc: Houtvenne Belgium            
actually, 3 countries are even quicker : Ireland, Germany and France have taken a shorter period for the conversion.

I think the deadline is 14 februari inthere...

Yes, it's fast and it will be a big change for us (and am I the only one who finds the coins so ugly?)

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Nostalgy ain't what it used to be

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#11257 - Tue Dec 25 2001 03:06 PM Re: Currency quizzes (and others)
sue943 Offline
Administrator

Registered: Sun Dec 19 1999
Posts: 38005
Loc: Jersey
Channel Islands    
Just keep some record of current prices, watch the inflation. I haven't forgotten the changeover to decimal currency in the UK on 15th February 1971, many lower priced items more or less doubled in price overnight, traders took advantage of the confusion to raise their prices. The conversion rate was 2.4 old pence to one new, there were twelve old pennies to the shilling (now five pence), an item costing 1 shilling and 8 pence would be written as 1/8 in 'old money', some traders just removed the / and called it new pence. 1/8 was 20 old pennies, suddenly it became 18 new pence which was 43.3 old pennies.... clever.
_________________________
Many a child has been spoiled because you can't spank a Grandma!

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#11258 - Tue Dec 25 2001 03:09 PM Re: Currency quizzes (and others)
Bruyere Offline
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Registered: Sat Feb 10 2001
Posts: 18899
Loc: California USA
The Italians aren't unhappy about it as the Lira, well let's put it this way, my way of converting is how many Lira for an ice cream? It's about 3000 for a good one.
Three bills...and the figures are high. So it's about 2 Euros..or did I do it wrong?
The Brits are going to go kicking and screaming...the Germans are going begrudgingly and are not happy with the looks either.
The bills make up for the coins. They're pretty.
_________________________
I was born under a wandering star.

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#11259 - Tue Dec 25 2001 03:34 PM Re: Currency quizzes (and others)
sue943 Offline
Administrator

Registered: Sun Dec 19 1999
Posts: 38005
Loc: Jersey
Channel Islands    
The French currency was attractive anyway, as for the Italian currency, it made people feel so wealthy and it is the only country where I have received a sweet (candy) in my change

The euro will affect us too, many of our shops accept French currency at present so will need to do the conversion to euros instead. If the UK changes to the euro we will have to as well and as we are not part of the EU that will cause uproar.

We already have inequality, all EU nationals have the right to live and work in Jersey but 'true' Jersey people do not have the right to live and work elsewhere in the EU other than in the UK.

_________________________
Many a child has been spoiled because you can't spank a Grandma!

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#11260 - Sat Jan 05 2002 09:50 AM Re: Currency quizzes (and others)
bloomsby Offline
Moderator

Registered: Sun Apr 29 2001
Posts: 4095
Loc: Norwich England�UK���ï...
As for why Britain isn't joining the Euro, *part* of the answer is that many people in the UK are very keen on defining themselves in terms of what they are *not*, rather than what they *are* ... As for the notion that the decimalization in 1971 *caused* inflation, it's worth bearing in mind that the country was gripped by rip-roaring inflation in the 1970's - 10% p.a. in 1971, rising to an amazing 26% in 1976 ...

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#11261 - Sat Jan 05 2002 02:40 PM Re: Currency quizzes (and others)
Bruyere Offline
Star Poster

Registered: Sat Feb 10 2001
Posts: 18899
Loc: California USA
We have a Euro thread up in the commons about mistakes that happen to all of us. And the aches and pains of the changeover.
I am just going to add a pretty funny one with my savvy kids being in the forefront of the switchover.
The Italians are the holdouts right now. I checked last weekend, two days before the switch and the cashiers were all looking harried.
The currency exchange people are virtually going out of business if they are on a border between two Euro countries.
_________________________
I was born under a wandering star.

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#11262 - Sun Jan 06 2002 04:28 AM Re: Currency quizzes (and others)
Exit10 Offline


Registered: Fri Sep 28 2001
Posts: 4253
Loc: Brisbane Queensland Australia
I think what Bloomsby is trying to say is that anyone out there who has created a quiz that mentions the 'old' currency should now be editing to avoid any complaints that may come in.

The same applies if you happen to complete a quiz, let the creator know but in a very gentle way, it may simply have been overlooked.

Cheers


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