i found these 2 bills while cleaning at my parents house. i was wondering if they are worth anything. the mexican one has a date of march 28, 1989 the other is from saudi arabia and there is no date on it. http://i250.photobucket.com/albums/gg259/brittspookie/coins004.jpg http://i250.photobucket.com/albums/gg259/brittspookie/coins003.jpg http://i250.photobucket.com/albums/gg259/brittspookie/coins002.jpg http://i250.photobucket.com/albums/gg259/brittspookie/coins001.jpg
The Mexican Peso was revalued on January 1, 1993. Pesos dated before that date (Old Mexican Pesos - MXP) are 1000 times less valuable than the New Mexican Pesos - MXN. 2000 old pesos=US 18.5 cents
i really hate (but thuroughly enjoy ) trying to figure out currency values in US dollars when they re-evaulated themselves. There is one country on my site (one i cant seem to find right now) that in the last century they have done it quite a few times. So if you have a note from mid 1800's, you have like 6 currencys you have to go through lol. Can be quite a chore
Actually, many countries give an expiration date to cash in your old currency. Once that date has passed, then your note is worth $0.00. Sucks, but much easier to calculate.
i didnt realize that gatzdon! I was always under the impression that one could allways convert based on the exchange rate when the new currency was converted! so that just means i have alot of worthless notes (exchange wise) but they still look cool to me
Wikipedia has some nice information for each country regarding the conversion to euros. While you will find some countries still redeem their old currency, you will find many have set expiration dates that have already passed for redeeming currency. Many even had shorter expiration dates for coins.
i will have to pay attention to those countries where redemption as no longer an option. It shuld make aquiring such notes a bit cheaper