Interesting Facts About Money

1. One of the most interesting things about modern Belarusian money is the fact that on July 15, 2009 the National Bank of the Republic of Belarus put into circulation coins "I. Repin" which were designed within the international coin program" Painters of the World ".

2. In 1685, the king of France didn't send any money to pay his army in Canada. While the men were waiting for their pay, they ran out of money. When this happened, the local shops closed their doors. Soon the men were getting hungry- and angry. While this was going on, their commander suddenly had an idea. Many of the men had playing cards, and the commander told the officers under him to collect the cards and cut them into pieces. They then wrote money values on them and gave them to eerybody as their pay.

The army accepted them and the shops did too, so the men could buy food and eat again. Everybody was happy because the cards were like a promise. People knew they could exchange them for " real money " when the king's ships arrived.

3. The largest denomination of the coin in the world is 100,000 liras in Turkey.

4. On Belarusian banknote 50 rubles in 1992 a bear baribal was depicted but it has never lived in Belarus.

5. The most expensive coin in the world is ,,double gold eagle'' in denominations of $20 was released in 1933.

6. The only woman who honored with portrait on banknotes USA - Martha Washington.

7. Hi guys, do you know why at the edges on coins make furrows? The point is that initially the coins were so much dignity, how much gold and silver in its composition. However, scammers doing next, they cut these coins at the edges, then to pruning these melted down. For this purpose on the coins came up to put furrow furrows if absent, the coin was considered invalid. Now don't produce coins of gold or silver, but furrows are applied as before.
Small denominations (1, 2, 5 UAH.) serve only 6-8 months, because often pass from hand to hand, wear out, and the National Bank of Ukraine changes them with new ones. Larger (10, 20, 50, 100 UAH) run up to 3 years, and 200 and 500 UAH. - 5 years or more.

8. -Coins usually survive in circulation for about 30 years.

-A piece of currency can be folded forward and back 4,000 times before it will tear.

-One of the ways the Federal Reserve detects counterfeit bills is to check the iron content of the ink.

-Coins usually survive in circulation for about 30 years.

-Throughout history, people have used many forms of money, such as soap, cocoa beans, elephant tail hairs, entire elephants, grain, animal skins, fishhooks, feathers, tea tobacco, bird claws, and bear teeth.

-The earliest banks were ancient religious temples where people stored grain or precious metals they used as money.

-The Romans were the first to stamp the image of a living person on a coin. After winning in war, Julius Caesar featured his portrait on a coin in 44 B.C.

-Paper money can carry more germs than a toilet.

9. My name is Julia Urbanski.  I teach math in southern California, USA.  My students have spent some time researching the $1 bill in USD, on The Dollar Bill Collector.  Here are some interesting facts that they found:

History:

* The first US $1 bill was issued in 1862.  Before that, only gold and coins were exchanged for goods and services. (from Diego and Shawn)

* In 1863, the United States established a national banking system with uniform national currency. (from Jose and Ezequiel)

* The notable element of the US dollar bill is the portrait of our first president, George Washington. (from Brandon, Karlo, and David)

* The original US dollar bill was nicknamed "greenback" because it is printed with green ink.  This term is still used today to refer to United States currency. (from Marcial and Justin)

Meanings of the symbols on the back side which shows the Great Seal of the United States:

* On the right is the American bald eagle (our country's national emblem and mascot).  It contains the motto: "E Pluribus Unum" which means "Out of Many, One".

* On the left, you will see a pyramid which stands for permanence and strength.  Above is the motto "Annuit Coeptis" which means "He has favored our undertakings" referring to our belief in God.  Below is the motto "Novus Ordo Seciorum" which means "A new order of the ages", representing the new country and experiment in liberty which is America.  At the bottom of the pyramid, you will see 1776 in Roman numerals, which represents the year our founders signed the Declaration of Independance, declaring that we were an independent nation.