Money has accompanied humanity for thousands of years, changing along with societies and economic systems, URA-Inform reports.
Some currencies have become symbols of stability, others have fallen victim to hyperinflation, and some banknotes and coins are striking in their uniqueness.
Unusual Currencies of the World
Even modern money can surprise, because currencies are inextricably linked with the history and culture of countries.
The Australian Dollar and Preservation of Value
In Australia, even a damaged banknote does not lose its value. If you tear a $10 Australian note in half, you can exchange it at a bank for two $5 notes. The main thing is that one of the pieces remains at least 20% of its original area.
Zero Rupee in India
India has introduced a 0 rupee note, which is not a means of payment but plays an important social role – it is used to fight corruption. This symbolic note looks like a 50 rupee note and its purpose is to draw attention to the problem of bribery.
Money that has lost its meaning: hyperinflation
In the history of many countries there are cases when money depreciated so much that it was more profitable to burn it in furnaces than to use it for its intended purpose.
In 2009, the Zimbabwe Mint issued a 1 quadrillion Zimbabwean dollar banknote.
On the eve of the breakup of Yugoslavia, inflation was so high in the country that a 1 quintillion dinar note came into circulation.
In Germany after the First World War, notgeld appeared – an emergency currency that was made from wood, coal or even cards.
The smallest banknote in history
More than a century ago, Romania issued the smallest banknote in the world – its dimensions were only 3 x 4 cm.
The first paper banknote
Paper money appeared much earlier than in Europe – the first banknote was issued in the 9th century in China.
Money changes as society develops, but its role remains the same: to be a means of exchange, a store of value, and even a way to combat corruption.
Let us recall that earlier it was reported how Ukrainians bypass limits on card transfers and what restrictions are expected from June?