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Title: Countries whose currencies have changed. Post by: prashantakerkar on Mar 31, 2022 Can you highlight the main reasons as why some countries have changed their currencies ? What will be the impact on their economy once they change their currency? Are there countries records where they have rollback to their original currency after specific time? Thanks & Regards, Prashant S Akerkar Title: Re: Countries whose currencies have changed. Post by: bio_man on Mar 31, 2022 Can you give an example of what you mean by changing currency?
Title: Re: Countries whose currencies have changed. Post by: prashantakerkar on Mar 31, 2022 Thanks.
Example: Iran https://www.nytimes.com/2020/05/04/world/middleeast/iran-currency-inflation-rial-toman.html Reference: https://en.wikipedia.org/wiki/Currency_substitution Thanks & Regards, Prashant S Akerkar Title: Re: Countries whose currencies have changed. Post by: bio_man on Apr 1, 2022 Content hidden
Title: Re: Countries whose currencies have changed. Post by: prashantakerkar on Apr 1, 2022 Thanks.
Other than Inflation, there could be some other factors which lead to changing currency by the country? Thanks & Regards, Prashant S Akerkar Title: Re: Countries whose currencies have changed. Post by: bio_man on Apr 1, 2022 Perhaps a change in government structure. For example, a transition from a monarchy to a republic, or a dictatorship to democracy.
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