Question by Datuk Seri Man: I notice collecting foreign currencies also cost alot,with RM10 impossible to collect any banknotes.u agree?
Matt why u said RM10 can collect some foreighn banknotes
Answer by Datukgong Bean LadenWhy not, example RM10 note can be change to 1 British pound, USD, Euro or any other currency that has a lower value than RM10, just ask the money changer
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Question by 3.14: Getting a birth certificate from a foreign country? *10 points*?
Please, has anyone had any experience getting their birth certificate from a foreign country especially Ukraine or somewhere else in Europe? I contacted the embassy in JULY, sent all the money and paper work and I am still empty handed. I need my birth certificate to get a passport because I am planning on going to Mexico in March and I’m seriously freaking out!!!! Has anybody actually gotten another one from their foreign country?!?!
Answer by frankey_brawnsthe embassy should have a copy, check your high school they should have a copy, or even where you got your drivers license.
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Question by vinny_says_relax: Can you help me identify this foreign money?
I have two old paper notes (basically paper dollars) from what I believe is 1922 Germany.
The identifications on the front of the note are extremely difficult to read because theyre printed in old gothic font, but I believe it reads as follows:
Berlin, den 19.Fanuar 1922
The value on the note is 10000 and is printed on the front in the lower right hand, the 10000 value is repeated and centered on the back under a large bird (eagle I think).
Serial numbers: K8363266 and J8532718
Does anyone know what these notes are? Their value?
Answer by afsm666German Marks from feb 1922, values are high due to runaway inflation
current value i can’t help you with
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Question by Adena Buyer: As an individual in the USA, forwarding funds for foreign companies, do I have to file any paper work?
My friend’s company is based out of the USA. And they use Paypal as one of their means of collecting funds. Paypal does not support Bank Transfer to their country.
What my friend’s company does is, they transfer a certain amount of money from their Paypal account to my Paypal account everyday. I withdraw the Paypal funds into my Bank Account, then cash the money. I then forward the cash via Western Union to my friend’s Bank Account in the foreign country.
I am not profiting a cent from this. I am just doing him a favor. My friend’s company is legitimate, and the money is clean. And he is not subjected to any tax in the USA.
Do I have to file any paper work? As I know that this might trigger off an alarm with the banking and money system.
Answer by question_ahoyDepends on the amount of money, and possibly where it’s going. In general, though, it’s getting tougher to . . . → Read More: As an individual in the USA, forwarding funds for foreign companies, do I have to file any paper work?
Question by ________________________________: What are foreign governments actually giving us when we borrow money from them?
I have asked this once and only received two answers…
“the imported goods that we “buy” from them.”
What do goods imported by the private sector have to do with government funding?
“Your question answers itself – money – to be repaid with interest.
Since we’re inflating our currency now, they will be less inclined to buy our bonds, knowing inflation will eat-up the value of any interest they earn.”
Money meaning what exactly?…fiat paper currency?…gold?
What of value are they giving us?
Answer by Cthulhu fhtagn!We buy stuff from Chinese companies, paying them dollars.
Chinese companies sell these dollars for yuan, so they can pay their Chinese workers and suppliers. Some dollars are sold to private banks, some are sold to government as per their law.
Whoever ends up with those dollars can either use them to buy goods from US companies, or US Treasury bonds, or bonds issued by US companies. Both foreign governments and private companies can & do buy bonds, creating foreign debt.
2nd guy is quite right . . . → Read More: What are foreign governments actually giving us when we borrow money from them?
Question by vipul j: Converting foreign currency ti Indian currency?
I am from India I have habit collecting foreign currencies.I have currencies of many countries. Now I want to get it into cash. How do I get it into Indian currency.
Answer by icebergeHi
Your bank will have the exchange rates for most currecies. Visit your bank for more help
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Question by Datuk Seri Man: Do u think collecting foreign currencies and collecting Thai amulets are very expensive hobby?
can give some comment?
Answer by aizatIf you like collecting those items, then why bother with the costs. Just do whatever you like as long as you don’t hurt other people.
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Question by Anonymous: Exchanging foreign money in United States.?
I went to Wells Fargo to exchange Scottish currency, a Five Pound Sterling, Clydesdale Bank Note (w/ Robert Burns on front), and they couldn’t exchange it for me. They couldn’t find this note in the book of world currency. Why not? What do I have to do to get this exchanged?
Here is a picture of it:
Answer by AndreaIt’s a bank note from that bank, not official currency.
And you answered your own question if you read the information on the website link you included:
Contact details: If you require advice on any matter relating to Clydesdale Bank banknotes please contact them, either by email at email@example.com or by telephone on 0141 950 4775/6.
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Question by EndlessMountain: Which Paper Foreign Currencies are not fiat?
The USD is backed by debt. Which paper currencies are backed by real goods, that has a lower chance of collapsing?
Source – Money as Debt/Zeitgeist Addendum
Answer by A CAny popular currency is FIAT nowadays. You just have to look for the more responsible countries that keep debt to a minimum. The Swiss Franc probably has on of the best records, it used to be backed by gold. Some currencies like Canada and Australia are helped by the countries vast natural resources, but the resources don’t necessarily back the currency.
Some of the real small countries may have a non fiat money, but they probably have a small money supply
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Foreign Currency Exchange
Money has been an indispensable part of modern human civilization. We have always had money in various forms – stones, shells, gold, paper, or metal. Money signifies wealth, work, earnings, possession of goods, and a more efficient practice than bartering or pilfering. To the majority, money encourages growth as an earner, control over poverty and dilapidation, freedom from worry and lack of material goods, and worth in the eyes of our society. Even after globalization has spread, we have to have money changed from one type to another when travelling to other parts of the world. So whether you are a business tycoon or a tourist, you ought to have detailed information on foreign currency exchange.
If you are planning to buy property overseas, make a purchase in some other country, or are already making regular overseas transfers, you need a dependable, cost-effective currency broker. The currency broker can help you in performing the foreign currency exchange procedures with speed and ease and can also help you with useful information on competitive exchange rates. The main aim of any such . . . → Read More: Foreign Currency Exchange