Which countries no longer use coins?

Beware, Gemini: in these countries you have to be careful with money

Published on March 28th, 2019 by the blog editorial staff of the OLB

Risk of confusion: These coins look similar to the euro

The euro has been in circulation in this country for more than 17 years. There are eight different coins with a value between 1 cent and 2 euros and seven banknotes with a value between 5 and 500 euros, the latter no longer being printed. Although the coins and notes are very forgery-proof, there are always attempts to get counterfeit money into circulation. However, this can also happen unintentionally. Because the currencies of some countries look very similar to the euro - at least at first glance and sometimes at second. Conversely, it can also happen that you accidentally pay with your euros remotely and thus spend more than you wanted. You should be careful in the following countries:

Thailand: confusingly similar

A vacation in the Southeast Asian country has long ceased to be an insider tip. The beautiful beaches and the fascinating culture attract millions of people to Thailand year after year. And they usually use the local currency, the baht. This is worth significantly less than the euro. For one euro you currently get around 36 baht.

But you should be careful with one coin: that 10 baht piece. It shows portraits of various Thai rulers on the front and the Wat Arun temple in Bangkok on the back. But size, weight and above all the appearance with a silvery outer ring and a gold-like inner part correspond to the one 2 euro coin. However, this has more than seven times the value. So when you are on vacation in Thailand, it can easily happen that you pay in euros but only get baht out. Or that you accidentally pay with the 10 baht coin after your return to Germany. It is definitely worth taking a second look here.

By the way: for a while after their return home, some holidaymakers used the Thai coins to get cheaper goods from vending machines. However, modern devices can differentiate between baht and euro due to the different material.

Turkey: two euro doppelgangers

In the EU's eastern neighbor, there are even two coins that look similar to euro coins. On the one hand, it offers 50 kurus piece with its silver edge and the golden inner part a great risk of confusion with the 2 euro coin - where the Turkish counterpart is currently worth around 8 cents. It can be even more problematic with One lira piece become. Because with its golden edge and silver inner part, it not only has very similar colors to them 1 euro coin, but there is also a big "1" emblazoned on the inside. If you put both coins next to each other, you can see the difference immediately. But a quick look can quickly lead to a mistake that has its price: After all, the piece is in euros worth about six times.  

Brazil: Caution, risk of confusion!

Looking at the Brazilian Real and Centavos coins, the thought quickly arises that the designers have taken euro change as a model. At least in terms of time, this is very unlikely. The second issue of the Brazilian currency was put into circulation by the central bank in 1998 - four years before the euro.

If you are on vacation at the Sugar Loaf, it is worth paying extra attention to the following coins: That One and five centavo pieces looks similar to its European counterparts due to the copper-colored look and the comparable size. It's the same with the 10-centavo piece, which, like the European version, also has a fluted edge. At first glance, one could also have the impression of having a euro in hand with the one-real coin. However, the euro and cent coins are up to date worth more than four times as much like the Brazilian twins.

Russia: That feeling is deceptive

Visually it is similar to the Russian one 1 ruble coin not any of the euro coins at all. But if you just feel them, you involuntarily think of them 10 cent coin. The crux of the matter is the edge, because it is fluted on both coins. But be careful: at the moment the value of the Ruble well below a cent

Seemingly done everything right

In contrast to the coins, the euro banknotes are not particularly susceptible to mix-ups. Nevertheless, there are notes in other countries that have at least a certain potential for confusion. One example is Switzerland, where the 10, 20 and 50 franc notes color similarities with the 50, 10 and 100 euro bills exhibit. The situation is similar with the northern EU neighbor Norway, its new one Crown notes also with a cursory glance Euro bills can be confused ... So: open your eyes while spending your money and have a good trip!