> if they didn't mandate "renewal" every 5-10 years
Where?
I’m fine with electronic money but bank notes do get replaced periodically. Last time I went back to England I tried to pay with cash in the pub and was refused since the notes had been changed. Covid meant it was the first time I’d been back for several years. I paid on card like everyone else (not usual in the US.) Went to the post office the next day to exchange them, no ID required.
Ive got a bunch of Swiss currency that can only be exchanged at the Swiss national bank. Annoying. My Indian money is also obviously worthless now, I wonder if my euros are still useful? Cash is a pain, I wish I didn’t keep any foreign currency now since a lot of it is worthless or needs to be converted in special locations.
In small amounts I enjoy how pretty it is. As a kid I found it fascinating how different it all looked. Growing up we only had a few. French Francs, German Marks, Belgian Francs, Danish Krone.
Yes. But I collected too much, this was when I was living in China and had a fear of not having enough hard convertible cash. I didn’t realize, as an American, that cash can expire.
So you're saying Indian money is useless in India?
Yes, because they had a thing a few years where they made it useless, and everyone had to exchange for new notes (and even that was limited). It was well reported in the news at the time.
Ah, I see. But the new notes in India are fine then. It doesn't help you, I understand-- my condolences.
It is just annoying. They aren’t worth as much as money I had from the west. I have lots of Thai and Indonesian currency as well, but I’m sure it’s inflated to nothing by now.