alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 11 months agoVladimir Putin’s ruble is now worth less than a penny, infuriating his inner circlefortune.comexternal-linkmessage-square54fedilinkarrow-up1599arrow-down112cross-posted to: [email protected][email protected]
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 · 11 months agomessage-square54fedilinkcross-posted to: [email protected][email protected]
minus-squareChainweasel@lemmy.worldlinkfedilinkEnglisharrow-up32·11 months 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-up26·11 months agoDouble-checked, and you’re right.
minus-squareEvergreenGuru@lemmy.worldlinkfedilinkEnglisharrow-up8·11 months 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-211 months 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-up1·11 months 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.