Gold and Silver Appreciation v World Currencies - first half 2011

Take a moment to examine how gold and silver have performed against their fiat currency competition through the first half of 2011.

Gold has appreciated an average of over 3.4% versus over 70 fiat currencies though middle 2011. 

Base Currency vs. 1 oz Gold	1-Jan-11	30-Jun-11	% Gold
Afghanistan Afghanis	61,158	64,599	5.6%
Albania Leke	148,940	146,745	-1.5%
Algeria Dinars	104,548	107,850	3.2%
Argentina Pesos	5,642	6,165	9.3%
Australia Dollars	1,389	1,402	0.9%
Bahamas Dollars	1,421	1,502	5.7%
Bahrain Dinars	536	566	5.7%
Bangladesh Taka	100,212	111,696	11.5%
Barbados Dollars	2,843	3,005	5.7%
Bermuda Dollars	1,421	1,502	5.7%
Brazil Reais	2,359	2,348	-0.5%
Bulgaria Leva	2,081	2,028	-2.6%
CFA BEAC Francs	696,322	680,021	-2.3%
Canada Dollars	1,418	1,449	2.2%
Chile Pesos	664,883	702,100	5.6%
China Yuan Renminbi	9,369	9,713	3.7%
Colombia Pesos	2,722,077	2,659,070	-2.3%
Comptoirs Français Francs	126,675	123,709	-2.3%

Base Currency vs. 1 oz Gold	1-Jan-11	30-Jun-11	% Gold
Japan Yen	115,351	121,194	5.1%
Jordan Dinars	1,006	1,067	6.0%
Kenya Shillings	114,427	134,193	17.3%
Kuwait Dinars	400	412	3.2%
Lebanon Pounds	2,132,175	2,275,232	6.7%
Malaysia Ringgits	4,384	4,534	3.4%
Mauritius Rupees	42,359	41,839	-1.2%
Mexico Pesos	17,571	17,608	0.2%
Morocco Dirhams	11,842	11,759	-0.7%
New Zealand Dollars	1,821	1,815	-0.4%
Norway Kroner	8,273	8,098	-2.1%
Oman Rials	547	578	5.7%
Pakistan Rupees	121,690	129,123	6.1%
Peru Nuevos Soles	3,987	4,127	3.5%
Philippines Pesos	62,032	65,095	4.9%
Poland Zlotych	4,209	4,125	-2.0%
Qatar Riyals	5,175	5,471	5.7%
Romania New Lei	4,541	4,388	-3.4%
Russia Rubles	43,322	41,898	-3.3%

Base Currency vs. 1 oz Gold	1-Jan-11	30-Jun-11	% Gold
Saudi Arabia Riyals	5,331	5,634	5.7%
Singapore Dollars	1,826	1,844	1.0%
South Africa Rand	9,424	10,174	8.0%
South Korea Won	1,592,877	1,606,345	0.8%
Sri Lanka Rupees	157,696	164,457	4.3%
Sudan Pounds	3,551	4,013	13.0%
Sweden Kronor	9,554	9,509	-0.5%
Switzerland Francs	1,328	1,265	-4.8%
Taiwan New Dollars	41,421	43,259	4.4%
Thailand Baht	42,672	46,173	8.2%
Trinidad and Tobago Dollars	9,012	9,540	5.9%
Tunisia Dinars	1,992	2,053	3.1%
Turkey Lira	2,185	2,438	11.6%
United Arab Emirates Dirhams	5,221	5,518	5.7%
United Kingdom Pounds	911	937	2.9%
United States Dollars	1,421	1,502	5.7%
Venezuela Bolivares Fuertes	6,112	6,460	5.7%
Vietnam Dong	27,711,168	30,812,159	11.2%
Zambia Kwacha	6,794,531	7,263,617	6.9%

Take a moment to examine how silver has performed against its fiat currency competition through the first half of 2011.

Silver has appreciated an average of over 10% vs over 70 fiat currencies through middle 2011.

Base Currency vs. 1 oz Silver	1-Jan-11	30-Jun-11	% Silver
Afghanistan Afghanis	1,329.80	1,493.92	12.3%
Albania Leke	3,238.49	3,393.62	4.8%
Algeria Dinars	2,273.25	2,504.91	10.2%
Argentina Pesos	122.67	142.58	16.2%
Australia Dollars	30.21	32.43	7.4%
Bahamas Dollars	30.91	34.74	12.4%
Bahrain Dinars	11.65	13.09	12.4%
Bangladesh Taka	2,178.98	2,582.22	18.5%
Barbados Dollars	61.82	69.48	12.4%
Bermuda Dollars	30.91	34.74	12.4%
Brazil Reais	51.29	54.30	5.9%
Bulgaria Leva	45.24	46.88	3.6%
CFA BEAC Francs	15,140.58	15,723.28	3.8%
Canada Dollars	30.84	33.50	8.6%
Chile Pesos	14,456.98	16,236.78	12.3%
China Yuan Renminbi	203.71	224.73	10.3%
Colombia Pesos	59,187.86	61,580.56	4.0%
Comptoirs Français Francs	2,754.37	2,860.38	3.8%

Base Currency vs. 1 oz Silver	1-Jan-11	30-Jun-11	% Silver
Costa Rica Colones	15,549.56	17,447.53	12.2%
Croatia Kuna	170.55	177.02	3.8%
Czech Republic Koruny	577.46	583.34	1.0%
Denmark Kroner	172.07	178.79	3.9%
Dominican Republic Pesos	1,149.76	1,323.68	15.1%
East Caribbean Dollars	83.45	93.80	12.4%
Egypt Pounds	179.42	207.39	15.6%
Euro	23.08	23.97	3.8%
Fiji Dollars	57.24	61.49	7.4%
Hong Kong Dollars	240.24	270.35	12.5%
Hungary Forint	6,432.16	6,375.60	-0.9%
IMF Special Drawing Rights	20.07	21.71	8.2%
Iceland Kronur	3,555.91	3,977.64	11.9%
India Rupees	1,381.57	1,552.98	12.4%
Indonesia Rupiahs	278,167.50	297,740.85	7.0%
Iran Rials	318,439.97	370,751.63	16.4%
Iraq Dinars	36,069.05	40,561.56	12.5%
Israel New Shekels	109.66	118.07	7.7%
Jamaica Dollars	2,617.87	2,947.88	12.6%

Base Currency vs. 1 oz Silver	1-Jan-11	30-Jun-11	% Silver
Japan Yen	2,508.14	2,802.58	11.7%
Jordan Dinars	21.88	24.62	12.5%
Kenya Shillings	2,488.05	3,103.35	24.7%
Kuwait Dinars	8.69	9.54	9.7%
Lebanon Pounds	46,361.25	52,235.05	12.7%
Malaysia Ringgits	95.33	104.99	10.1%
Mauritius Rupees	921.04	984.94	6.9%
Mexico Pesos	382.05	407.16	6.6%
Morocco Dirhams	257.48	271.63	5.5%
New Zealand Dollars	39.60	41.97	6.0%
Norway Kroner	179.88	187.26	4.1%
Oman Rials	11.90	13.38	12.4%
Pakistan Rupees	2,645.99	2,989.57	13.0%
Peru Nuevos Soles	86.70	95.52	10.2%
Philippines Pesos	1,348.80	1,507.12	11.7%
Poland Zlotych	91.53	95.37	4.2%
Qatar Riyals	112.53	126.51	12.4%
Romania New Lei	98.74	101.47	2.8%
Russia Rubles	941.98	968.79	2.8%

Base Currency vs. 1 oz Silver	1-Jan-11	30-Jun-11	% Silver
Saudi Arabia Riyals	115.91	130.29	12.4%
Singapore Dollars	39.70	42.65	7.4%
South Africa Rand	204.92	235.29	14.8%
South Korea Won	34,634.94	37,137.79	7.2%
Sri Lanka Rupees	3,428.88	3,804.97	11.0%
Sudan Pounds	77.21	92.81	20.2%
Sweden Kronor	207.74	219.84	5.8%
Switzerland Francs	28.88	29.25	1.3%
Taiwan New Dollars	900.64	1,002.13	11.3%
Thailand Baht	927.84	1,067.64	15.1%
Trinidad and Tobago Dollars	195.95	222.35	13.5%
Tunisia Dinars	43.32	47.37	9.4%
Turkey Lira	47.52	56.38	18.6%
United Arab Emirates Dirhams	113.53	127.62	12.4%
United Kingdom Pounds	19.80	21.66	9.4%
United States Dollars	30.91	34.74	12.4%
Venezuela Bolivares Fuertes	132.90	149.39	12.4%
Vietnam Dong	602,541.71	712,736.64	18.3%
Zambia Kwacha	147,737.85	169,367.89	14.6%