Race To Debase - 2012 Q3 - Fiat Currencies vs Gold & Silver

GoldSilver.com
OCTOBER 01, 2012


Race To Debase - 2012 Q3 - Fiat Currencies vs Gold & Silver

Welcome back to the Worldwide Fiat Currency Race to Debase!

Gold has recently touched new all time highs in terms of euros, Swiss francs, and Brazilian real.

Below you will find a report on 75 different fiat currencies vs gold and silver from around the globe.  

Note how they have ALL lost value to gold and silver thus far in 2012.  

With recent announcements of even further central bank monetary easing policies (QE3, Japan, Brazil, etc.) we fully expect the current gold bull market and silver bull market revaluation trend to not only continue, but to quicken moving forward. 

Be sure to also click here and see how fiat currencies have performed against gold and silver over the last 12+ years.

 

 

 

Base Currency vs 1 Gold Ounce 

 1-Jan-12 30-Sep-12 % Gold +/- 2012 Q3
Afghanistan Afghanis  75,531 89,681 18.7%
Albania Leke  168,101 192,130 14.3%
Algeria Dinars  117,439 140,418 19.6%
Argentina Pesos  6,725 8,324 23.8%
Australia Dollars  1,531 1,708 11.6%
Bahamas Dollars  1,563 1,773 13.5%
Bahrain Dinars  589 669 13.5%
Bangladesh Taka  127,834 144,798 13.3%
Barbados Dollars  3,126 3,547 13.5%
Bermuda Dollars  1,563 1,773 13.5%
Brazil Reais  2,911 3,592 23.4%
Bulgaria Leva  2,362 2,691 13.9%
CFA BEAC Francs  791,233 904,853 14.4%
Canada Dollars  1,597 1,744 9.2%
Chile Pesos  811,978 840,821 3.6%
China Yuan Renminbi  9,839 11,147 13.3%
Colombia Pesos  3,029,385 3,192,957 5.4%
CFP Franc  143,941 164,611 14.4%
       

Base Currency vs 1 Gold Ounce 

 1-Jan-12 30-Sep-12 % Gold +/- 2012 Q3
Costa Rica Colones  788,922 873,382 10.7%
Croatia Kuna  9,094 10,259 12.8%
Czech Republic Koruna  30,882 34,666 12.3%
Denmark Kroner  8,960 10,284 14.8%
Dominican Republic Pesos  60,181 69,694 15.8%
East Caribbean Dollars  4,221 4,788 13.5%
Egypt Pounds  9,424 10,813 14.7%
Euro  1,206 1,379 14.4%
Fiji Dollars  2,846 3,141 10.4%
Hong Kong Dollars  12,143 13,751 13.2%
Hungary Forint  379,759 393,615 3.6%
IMF Special Drawing Rights  1,018 1,153 13.2%
Iceland Kronur  191,361 219,299 14.6%
India Rupees  82,941 93,721 13.0%
Indonesia Rupiahs  14,177,770 16,962,571 19.6%
Iran Rials  17,390,044 21,751,503 25.1%
Iraq Dinars  1,828,104 2,066,011 13.0%
Israel New Shekels  5,970 6,951 16.4%
Jamaica Dollars  133,727 158,395 18.4%
       

Base Currency vs 1 Gold Ounce 

 1-Jan-12 30-Sep-12 % Gold +/- 2012 Q3
Japan Yen  120,542 138,299 14.7%
Jordan Dinars  1,109 1,252 12.9%
Kenya Shillings  132,790 151,182 13.9%
Kuwait Dinars  435 498 14.4%
Lebanon Pounds  2,350,978 2,663,647 13.3%
Malaysia Ringgits  4,954 5,425 9.5%
Mauritius Rupees  45,175 54,159 19.9%
Mexico Pesos  21,802 22,813 4.6%
Morocco Dirhams  13,404 15,254 13.8%
New Zealand Dollars  2,010 2,137 6.3%
Norway Kroner  9,345 10,156 8.7%
Oman Rials  602 681 13.2%
Pakistan Rupees  140,605 168,273 19.7%
Peru Nuevos Soles  4,215 4,607 9.3%
Philippines Pesos  68,466 74,039 8.1%
Poland Zloty  5,374 5,681 5.7%
Qatar Riyals  5,692 6,457 13.4%
Romania New Lei  5,210 6,264 20.2%
Russia Rubles  50,021 55,332 10.6%
       

Base Currency vs 1 Gold Ounce 

 1-Jan-12 30-Sep-12 % Gold +/- 2012 Q3
Saudi Arabia Riyals  5,862 6,648 13.4%
Singapore Dollars  2,027 2,177 7.4%
South Africa Rand  12,630 14,739 16.7%
South Korea Won  1,810,284 1,970,780 8.9%
Sri Lanka Rupees  180,278 229,522 27.3%
Sudan Pounds  4,176 7,826 87.4%
Sweden Kronor  10,794 11,644 7.9%
Switzerland Francs  1,467 1,666 13.6%
Taiwan New Dollars  47,324 51,938 9.7%
Thailand Baht  49,310 54,674 10.9%
Trinidad and Tobago Dollars  9,926 11,390 14.8%
Tunisia Dinars  2,339 2,790 19.3%
Turkey Lira  2,957 3,187 7.8%
United Arab Emirates Dirhams  5,742 6,514 13.4%
United Kingdom Pounds  1,007 1,097 9.0%
United States Dollars  1,563 1,773 13.5%
Venezuela Bolivares Fuertes  6,722 7,626 13.5%
Vietnam Dong  32,873,044 36,999,792 12.6%
Zambia Kwacha  7,995,512 8,918,429 11.5%
       

 

Base Currency vs 1 Silver Ounce

 1-Jan-12 30-Sep-12  % Silver +/- 2012 Q3
Afghanistan Afghanis  1,338.46 1,743.65 30.3%
Albania Leke  2,978.86 3,735.56 25.4%
Algeria Dinars  2,081.10 2,730.13 31.2%
Argentina Pesos  119.17 161.85 35.8%
Australia Dollars  27.14 33.21 22.4%
Bahamas Dollars  27.70 34.48 24.5%
Bahrain Dinars  10.44 13.00 24.5%
Bangladesh Taka  2,265.31 2,815.29 24.3%
Barbados Dollars  55.40 68.96 24.5%
Bermuda Dollars  27.70 34.48 24.5%
Brazil Reais  51.59 69.84 35.4%
Bulgaria Leva  41.86 52.33 25.0%
CFA BEAC Francs  14,021.15 17,592.94 25.5%
Canada Dollars  28.30 33.90 19.8%
Chile Pesos  14,388.77 16,347.97 13.6%
China Yuan Renminbi  174.35 216.73 24.3%
Colombia Pesos  53,682.60 62,080.26 15.6%
CFP Franc 2,550.73 3,200.51 25.5%
       

Base Currency vs 1 Silver Ounce

 1-Jan-12 30-Sep-12  % Silver +/- 2012 Q3
Costa Rica Colones  13,980.19 16,981.05 21.5%
Croatia Kuna  161.16 199.47 23.8%
Czech Republic Koruna  547.26 674.02 23.2%
Denmark Kroner  158.78 199.94 25.9%
Dominican Republic Pesos  1,066.45 1,355.06 27.1%
East Caribbean Dollars  74.79 93.10 24.5%
Egypt Pounds  167.00 210.23 25.9%
Euro  21.38 26.82 25.5%
Fiji Dollars  50.43 61.07 21.1%
Hong Kong Dollars  215.18 267.37 24.3%
Hungary Forint  6,729.58 7,653.01 13.7%
IMF Special Drawing Rights  18.04 22.41 24.2%
Iceland Kronur  3,391.03 4,263.80 25.7%
India Rupees  1,469.76 1,822.20 24.0%
Indonesia Rupiahs  251,239.00 329,801.20 31.3%
Iran Rials  308,162.50 422,911.81 37.2%
Iraq Dinars  32,395.15 40,169.20 24.0%
Israel New Shekels  105.80 135.15 27.7%
Jamaica Dollars  2,369.74 3,079.65 30.0%
       

Base Currency vs 1 Silver Ounce

 1-Jan-12 30-Sep-12  % Silver +/- 2012 Q3
Japan Yen  2,136.09 2,688.92 25.9%
Jordan Dinars  19.65 24.34 23.9%
Kenya Shillings  2,353.11 2,939.42 24.9%
Kuwait Dinars  7.71 9.68 25.6%
Lebanon Pounds  41,660.80 51,788.96 24.3%
Malaysia Ringgits  87.78 105.47 20.2%
Mauritius Rupees  800.53 1,053.02 31.5%
Mexico Pesos  386.35 443.55 14.8%
Morocco Dirhams  237.53 296.57 24.9%
New Zealand Dollars  35.63 41.55 16.6%
Norway Kroner  165.60 197.47 19.2%
Oman Rials  10.66 13.24 24.2%
Pakistan Rupees  2,491.61 3,271.70 31.3%
Peru Nuevos Soles  74.69 89.58 19.9%
Philippines Pesos  1,213.26 1,439.54 18.7%
Poland Zloty  95.23 110.46 16.0%
Qatar Riyals  100.87 125.54 24.5%
Romania New Lei  92.32 121.79 31.9%
Russia Rubles  886.40 1,075.82 21.4%
       

Base Currency vs 1 Silver Ounce

 1-Jan-12 30-Sep-12  % Silver +/- 2012 Q3
Saudi Arabia Riyals  103.88 129.27 24.4%
Singapore Dollars  35.91 42.32 17.8%
South Africa Rand  223.82 286.56 28.0%
South Korea Won  32,079.37 38,317.63 19.4%
Sri Lanka Rupees  3,194.64 4,462.57 39.7%
Sudan Pounds  74.00 152.15 105.6%
Sweden Kronor  191.27 226.40 18.4%
Switzerland Francs  26.00 32.39 24.6%
Taiwan New Dollars  838.62 1,009.82 20.4%
Thailand Baht  873.80 1,063.02 21.7%
Trinidad and Tobago Dollars  175.89 221.46 25.9%
Tunisia Dinars  41.45 54.25 30.9%
Turkey Lira  52.41 61.96 18.2%
United Arab Emirates Dirhams  101.74 126.65 24.5%
United Kingdom Pounds  17.84 21.33 19.5%
United States Dollars  27.70 34.48 24.5%
Venezuela Bolivares Fuertes  119.11 148.26 24.5%
Vietnam Dong  582,531.00 719,382.42 23.5%
Zambia Kwacha  141,685.50 173,399.92 22.4%
       

 

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