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-square58fedilinkarrow-up1598arrow-down111cross-posted to: news@lemmy.worldanime_titties@mlem.a-smol-cat.fr
arrow-up1587arrow-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-square58fedilinkcross-posted to: news@lemmy.worldanime_titties@mlem.a-smol-cat.fr
minus-squareEvergreenGuru@lemmy.worldlinkfedilinkEnglisharrow-up8·1 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-up5·edit-21 year agoWhile true for the penny at least ($0.03 melt value) 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.
The same can be said about the US penny and nickel. Both cost at least double their value to produce.
While true for the penny at least ($0.03 melt value) 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.