Interesting Facts About World Currencies and Money
Money is everything and we do hard work just to earn money; money can buy everything, and yes happiness too. We know about dollar, euro, rupees, and many other things about money but here are some of the unknown and interesting facts about money and world currencies you don’t know. So let’s start the million dollar ride
#Only 8% of the world’s currency is physical money, the rest only exists on computers.
#Burma had an economic crisis in the late 80s because the president decided to cancel any currency that wasn’t divisible by 9 (his favorite number).
#When Pakistan was in its infancy after India-Pak separation in 1947, they used Indian currency with “Pakistan” stamped on it for the first few months till there was enough circulation of Pakistani notes.
#The widely used $ symbol, which is used to represent US Dollar, doesn’t appear on US currency at all.
#A penny costs 2.4 cents to manufacture.
#By legislation created during the Revolutionary years of the U.S., no living person can be featured on a coin. It was to ensure that the U.S. would not appear like a monarchy, as living kings during the era were cast onto their countries coinage
#There are only 5 currencies in the world that have unique symbol to represent them. These are US Dollar, Yen, Pound, Euro and Indian Rupee (latest addition). Of these only the pound sterling has its symbol printed on the notes.
#Stores on US military bases around the world don’t accept pennies as currency because they’re “too heavy and are not cost-effective to ship.”
#The World’s First Paper Money was created in China 1,400 years ago.
#Bob Marley’s final words were “Money can’t buy life.”