Donate your leftover currency: Over £100,000 raised in 2020

Donate your leftover currency: Over £100,000 raised in 2020

Despite the economic slump caused by Covid-19, we have exchanged over £100,000 pounds for charities so far in 2020. That is an amazing amount, topping all previous years!

This means a lot for the charities we work with and they are super grateful for the generous donations made by so many people who chose to give away the value of their leftover travel money to raise funds for good causes. A big Thank You to everyone who donated!

Currency Facts – Strongest and Weakest Currencies

Currency Facts – Strongest and Weakest Currencies

The weakest currency in the world is the Venezuelan Bolívar. The value of the Venezuelan Bolívar is so weak that 50,000 units are worth less than one US dollar. This has consistently been the case, due to the hyperinflation in the South American country. The weakest currency of all times was the Zimbabwean dollar, for which 35 quadrillion units were equivalent to 1 US dollar. The Zimbabwean dollar was demonetized in 2015. 

35 quadrillion = 35,000,000,000,000,000

Will more countries join the Eurozone?

Will more countries join the Eurozone?

Eight countries are part of the European Union but are not part of the Euro area: Bulgaria, Croatia, Czechia, Denmark. Hungary, Poland, Romania and Sweden. Denmark has negotiated an opt-out from the Euro. The other countries have committed to joining the euro area as and when they meet the conditions for entry to the euro area.

One of the entry conditions for a country to join the euro area is to participate in the second version of the European Exchange Rate Mechanism (ERM-II) for two years before joining the Euro. This requires the country to pass the ERM-II legislation. As a result, countries can decide not to approve ERM-II laws and thereby not meet the entry conditions for the euro area.

There is no deadline for the remaining EU countries to join the euro area. Some countries, such as Poland and the Czech Republic, have made it clear that they don’t plan to join anytime soon. Other countries, including Bulgaria, Croatia and Romania, are expected to join the Eurozone in the near future. We look at this in more detail in what follows.

Coronavirus (COVID-19) update Leftover Currency

Coronavirus (COVID-19) update Leftover Currency

The coronavirus (COVID-19) outbreak is ongoing in the United Kingdom. The British government has taken measures to contain and delay the spread of the infectious disease. Businesses in the UK remain open and staff members continue to attend work as normal. People with symptoms are asked to self-isolate. Where possible, staff members are encouraged to work from home.

Rock star money: These bands issued their own banknotes

Rock star money: These bands issued their own banknotes

15,000 of these rock star money bills were rained down on the Foo Fighters fans during the concert, launched from confetti cannons. From a distance the banknotes resemble $100 dollar bills. Upon closer inspection one can spot a number of interesting modifications. These include:

Extra currencies added – April 2018

Extra currencies added – April 2018

In addition to the more recent series of Luxembourgish Franc banknotes which are still exchangeable for a monetary value, we have added the older Luxembourgish Franc banknotes to the site as well. These demonetized banknotes from the Grand Duchy of Luxembourg only have a collectible value, no monetary value. We are able to exchange them and our exchange rate covers the collectible value of these pre-euro Luxembourgish banknotes.

Get started here: Exchange demonetized Luxembourgish Franc banknotes.

GDPR: our new Privacy Policy

GDPR: our new Privacy Policy

25 May 2018 saw the start of the EU’s General Data Protection Regulation, also known as GDPR. We have taken steps to ensure that Leftover Currency is compliant with the new General Data Protection Regulation. One of the required actions included updating our Privacy Policy.

500 DDR Mark and 200 DDR Mark: East Germany’s mysterious banknotes

500 DDR Mark and 200 DDR Mark: East Germany’s mysterious banknotes

There are a number of theories about why the banknotes of 200 and 500 DDR-marks were never issued. A popular theory is that the value of the banknotes was deemed too high, and that introducing them might have caused inflation.

Another theory is that the banknotes were printed only to be issued in case of war with the West. This is similar to the $4 Billion cash the American Federal Reserve stored in a the Culpeper cold war bunker near Mount Pony, Virginia.

Source: welt.de

Extra currencies added – July 2018

Extra currencies added – July 2018

Leftover Currency converts foreign coins, old banknotes and obsolete currencies to cash, quickly and easily.

Leftover Currency,
3rd Floor,
207 Regent Street,
London W1B 3HH,
United Kingdom

Amazing coin facts

Amazing coin facts

This coin fact may seem unlikely but it is scientifically proven to be true: The chance of a coin coming up as started is 51%, more than half. Meaning, if you flip a coin starting with heads up, there is a 51% chance the the coin-toss result is heads up. This was proven by Stanford professor Persi Dianconis. Source: Dynamical bias in the coin toss.

More people start a coin toss with heads facing up, compared to tails. Therefore, heads is a more likely outcome than tails in a coin toss up.