alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 1 year agoVladimir Putin’s ruble is now worth less than a penny, infuriating his inner circlefortune.comexternal-linkmessage-square48fedilinkarrow-up1582arrow-down113
arrow-up1569arrow-down1external-linkVladimir Putin’s ruble is now worth less than a penny, infuriating his inner circlefortune.comalphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 1 year agomessage-square48fedilink
minus-squareChainweasel@lemmy.worldlinkfedilinkEnglisharrow-up30·1 year ago If you use 1 rubel coins, sure I’m pretty sure the metal value of a 1 ruble coin is worth a substantially more in it’s weight in metal than 1 ruble
minus-squaremonk@lemmy.unboiled.infolinkfedilinkEnglisharrow-up26·1 year agoDouble-checked, and you’re right.
minus-squareEvergreenGuru@lemmy.worldlinkfedilinkEnglisharrow-up7·1 year agoThe same can be said about the US penny and nickel. Both cost at least double their value to produce.
minus-squareChainweasel@lemmy.worldlinkfedilinkEnglisharrow-up4·edit-21 year agoWhile true, that’s the lowest value coin we have. What’s a Kopeck worth vs it’s metal value?
minus-squaremonk@lemmy.unboiled.infolinkfedilinkEnglisharrow-up1·1 year agoI remember it used to be 1/13 of its metal value, but I can’t Google it up quickly and the ratio has probably changed since then anyway.
I’m pretty sure the metal value of a 1 ruble coin is worth a substantially more in it’s weight in metal than 1 ruble
Double-checked, and you’re right.
The same can be said about the US penny and nickel. Both cost at least double their value to produce.
While true, that’s the lowest value coin we have. What’s a Kopeck worth vs it’s metal value?
I remember it used to be 1/13 of its metal value, but I can’t Google it up quickly and the ratio has probably changed since then anyway.