Currency coin arbitrage
Currency coin arbitrage
Author
Discussion

shopper150

Original Poster:

1,583 posts

224 months

Sunday 31st July 2016
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I'm currently on holiday and noticed that they use a coin that seems identical to our 50p coin.
At current exchange rates, it's costs 25p!

Iva Barchetta

44,044 posts

193 months

Sunday 31st July 2016
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Which currency ?

talksthetorque

10,821 posts

165 months

Sunday 31st July 2016
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25p! You've been robbed. Here's what 1.8p buys you in Gambia




shopper150

Original Poster:

1,583 posts

224 months

Sunday 31st July 2016
quotequote all
talksthetorque said:
25p! You've been robbed. Here's what 1.8p buys you in Gambia

Wow! I like that.

The currency I was referring to is the Mauritian Rupee. The 10 rupee coin is very similar to our 50p coin.

talksthetorque

10,821 posts

165 months

Sunday 31st July 2016
quotequote all
shopper150 said:
Wow! I like that.

The currency I was referring to is the Mauritian Rupee. The 10 rupee coin is very similar to our 50p coin.
The only issue is you have to go to Gambia.

Booked for a week there in December about 12 years ago. Never again.

shopper150

Original Poster:

1,583 posts

224 months

Sunday 31st July 2016
quotequote all
I'm an avid Gambian coin collector. Does anyone know how I can get these by the lorry load. The world is a lot smaller now with the Internet & mail order!

Du1point8

22,943 posts

222 months

Sunday 31st July 2016
quotequote all
shopper150 said:
I'm an avid Gambian coin collector. Does anyone know how I can get these by the lorry load. The world is a lot smaller now with the Internet & mail order!
here you are.

http://www.ebay.co.uk/itm/221986084219

48k

17,562 posts

178 months

Sunday 31st July 2016
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The Royal Mint Website said:
Beyond the United Kingdom the Royal Mint supplies some 100 issuing authorities around the world with coins and blanks. Blanks are metal discs, which are minted into coins. It is the leading export mint, with around 15 per cent of the worldwide market.
Mauritius is one of the countries which the Royal Mint makes coins for, and coupled with the fact it used to be a British colony it's probably not surprising they have some coins similar to UK coins.