Interesting facts related to money you did not know about
We all love money very much, therefore it will be interesting for our readers to read about interesting facts related to this payment facility. The fact that not only presidents are depicted on American dollars, where the name "penny" came from, which banknote is the most popular and many other things, you will find out below.
The biggest "denomination"
The biggest denomination was the Zimbabwe dollar bill. A denomination of 100 trillion dollars. The reason for the existence of such high denominations is the insane inflation in the country. If to operate with concrete figures, it has made 231 million percent for a year. To date, this currency does not go to Zimbabwe any more.
Dollar and Presidents
It is commonly believed that US banknotes depict the presidents of this country, but this opinion is erroneous.
The dollar symbol - Benjamin Franklin, he is depicted on a $ 100 banknote, was not the US president. Mr. Franklin was a scientist, inventor, journalist, diplomat and prominent politician, but never was President of America.
The same goes for Alexander Hamilton, who is pictured on a $ 10 bill, he was just a bright statesman and US Treasury secretary.
The largest dollar banknote
The highest denomination of a US dollar banknote was $ 100,000, a banknote was issued in the distant 1934 year. But even being released, a simple resident of the United States, it was inaccessible, because in its use it was used only by banks, for calculations between themselves.
The most popular banknote
The most popular banknote in the world is a bill of 500 euros. In view of such great popularity, the mint of the European Union had to double the issue of a denomination of this denomination.
Money was different
If everyone now ask about what money is, then everyone will answer that: paper and metal, but there are a few interesting moments.
In some states, salt or sacks of cocoa beans were used as a calculation. Along with this, at different times and in different countries, maize, tobacco, grain of rice acted as payment means, etc. Due to the impracticality of all these means, in the end all went to coin-banknote calculations.
Although today there are some interesting examples. For example: banknotes of plastic plastic are in use in Australia, Brazil, Malaysia, New Zealand, Romania and Thailand.
Why a penny?
In 1535 in Russia, a monetary reform was carried out. Coins with a rider holding a sword in their hands, replaced with coins where the prince with a spear is depicted. It is because of the spear that today's coins are called "kopecks."