Fiat Currencies vs Gold. The Shiny Metal Is Kicking Butt!

Whether you invest in precious metals or not, the fact of the matter is: Gold is history's best hedge against currency instabilities and worthless monies printed and minted out of thin air.

Figures courtesy of GoldSilver.com

Through the 3rd quarter of 2011 gold appears to be running away with another annual victory in value!

Thus far in 2011, gold has appreciated 17.2% versus 75 fiat currencies from around the world. 

Kenyan Schillings, South African Rands, and Turkey Lira have been the biggest losers to gold thus far in 2011, down over 42%, 38%, and 37% respectively to the yellow metal's value.

 

Currency vs. 1 oz. Gold	1-Jan-11			30-Sep-11	% Gold + / -
Afghanistan Afghanis	61,158			78,334	28.1%
Albania Leke	148,940			168,907	13.4%
Algeria Dinars	104,548			121,100	15.8%
Argentina Pesos	5,642			6,819	20.9%
Australia Dollars	1,389			1,663	19.8%
Bahamas Dollars	1,421			1,621	14.1%
Bahrain Dinars	536			611	14.0%
Bangladesh Taka	100,212			121,789	21.5%
Barbados Dollars	2,843			3,242	14.0%
Bermuda Dollars	1,421			1,621	14.1%
Brazil Reais	2,359			3,004	27.3%
Bulgaria Leva	2,081			2,358	13.3%
CFA BEAC Francs	696,322			791,051	13.6%
Canada Dollars	1,418			1,684	18.8%
Chile Pesos	664,883			846,118	27.3%
China Yuan Renminbi	9,369			10,348	10.4%
Colombia Pesos	2,722,077			3,119,868	14.6%
Comptoirs Français Francs	126,675			143,908	13.6%
Costa Rica Colones	715,132			824,665	15.3%
Croatia Kuna	7,844			9,041	15.3%
Czech Republic Koruny	26,558			29,783	12.1%
Denmark Kroner	7,913			8,974	13.4%
Dominican Republic Pesos	52,878			61,845	17.0%
East Caribbean Dollars	3,838			4,377	14.0%
Egypt Pounds	8,252			9,673	17.2%
Euro	1,062			1,206	13.6%
Fiji Dollars	2,632			2,991	13.6%
Hong Kong Dollars	11,049			12,620	14.2%
Hungary Forint	295,818			353,038	19.3%
IMF Special Drawing Rights	923			1,038	12.5%
Iceland Kronur	163,538			191,474	17.1%
India Rupees	63,539			79,566	25.2%
Indonesia Rupiahs	12,793,050			14,241,724	11.3%
Iran Rials	14,645,199			17,419,182	18.9%
Iraq Dinars	1,658,832			1,894,325	14.2%
Israel New Shekels	5,043			6,069	20.3%
Jamaica Dollars	120,397			139,007	15.5%
Japan Yen		115,351		124,882	8.3%
Jordan Dinars		1,006		1,149	14.2%
Kenya Shillings		114,427		162,592	42.1%
Kuwait Dinars		400		449	12.1%
Lebanon Pounds		2,132,175		2,437,455	14.3%
Malaysia Ringgits		4,384		5,175	18.1%
Mauritius Rupees		42,359		47,007	11.0%
Mexico Pesos		17,571		22,324	27.0%
Morocco Dirhams		11,842		13,494	14.0%
New Zealand Dollars		1,821		2,113	16.0%
Norway Kroner		8,273		9,469	14.5%
Oman Rials		547		623	13.9%
Pakistan Rupees		121,690		141,862	16.6%
Peru Nuevos Soles		3,987		4,495	12.7%
Philippines Pesos		62,032		70,957	14.4%
Poland Zlotych		4,209		5,321	26.4%
Qatar Riyals		5,175		5,903	14.1%
Romania New Lei		4,541		5,249	15.6%
Russia Rubles		43,322		52,183	20.5%
Saudi Arabia Riyals			5,331	6,080	14.1%
Singapore Dollars			1,826	2,110	15.5%
South Africa Rand			9,424	13,004	38.0%
South Korea Won			1,592,877	1,914,735	20.2%
Sri Lanka Rupees			157,696	178,602	13.3%
Sudan Pounds			3,551	4,339	22.2%
Sweden Kronor			9,554	11,062	15.8%
Switzerland Francs			1,328	1,468	10.5%
Taiwan New Dollars			41,421	49,452	19.4%
Thailand Baht			42,672	50,491	18.3%
Trinidad and Tobago Dollars			9,012	10,375	15.1%
Tunisia Dinars			1,992	2,322	16.6%
Turkey Lira			2,185	3,007	37.6%
United Arab Emirates Dirhams			5,221	5,955	14.1%
United Kingdom Pounds			911	1,038	13.9%
United States Dollars			1,421	1,621	14.1%
Venezuela Bolivares Fuertes			6,112	6,971	14.1%
Vietnam Dong			27,711,168	33,768,458	21.9%
Zambia Kwacha			6,794,531	7,854,166	15.6%