Ever since paper-money was made, it has gone through many changes. Every culture has chosen a different style for their currency. As a result, it turned more colorful and its design became more elegant.
Let's have a look at some of the money from around the world.
The New Zealand Dollar:
The New Zealand dollar became the official currency of the country in 1967. Previously, it was called the New Zealand pound. But, in 1933, the government proposed the change. Today, 1 USD is equal to 1.48 New Zealand dollars.
The Singapore Dollar:
With a new orange $50 note, the Singapore dollar is also an interesting currency. Their paper currency is more in use since they have stopped minting the coins! Another fascinating thing about their $1000 note is that their entire national anthem is micro-printed on its back. Take a closer look at your $1000 note when you come across one.
The Russian Rouble:
The Russian internet users chose the faces of the Russian Rouble through an online survey that lasted about a month. 1 Russian Rouble is equal to 0.014 USD because of the massive devaluation it faced after the fall of the Soviet Union in 1991.
The Swedish Krona:
Currently, the coins are available for 1, 2, 5, and 10 crowns and the notes are available in 20, 50, 100, 500, and 1000 krona. The Swedish Krona is quite a strong currency as 1 USD equals 8.70 of it.
The U.S Dollar:
The infamous US Dollar is the most traded currency in the world. Today, more than $1.54 trillion of the modern paper money of the US is in circulation.
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The Chinese Renminbi:
The Chinese currency is often termed as the Yuan, which is the actual unit of the currency. It is the fifth most traded currency in the world! Still, 1 USD equals 6.83 Chinese Yuan, which is quite an impressive performance shown by the country.
The Canadian Dollar:
In Canada, people used to use British Pounds, American dollars, or Spanish pesos, so al different kinds of money from around the world. Until they made their own currency. Today, the images of their leaders are imprinted on their notes. 1 USD is equivalent to 1.31 Canadian Dollars, which ultimately signifies the strength of the currency.
The Thai Baht:
The Thai Baht is circulated in the denominations of 1, 5, 10, 20, 50, 100, 500, and 1000 THB. Fun Fact; the 1 THB coin comes in 3 different sizes! Today, 1 THB is valued at 0.032 USD.
The Japanese Yen:
The Yen was created in 1871 in the hopes of stabilizing the monetary situation of the country at that time. Its value today in comparison to USD is relatively weak. According to the exchange market, 1 USD equals 106.09 Yen.
The Croatian Kuna:
A Croatian Kuna is worth 0.16 USD, which makes it a pretty strong currency. People that made Croatian history are imprinted on the notes.
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The Cambodia Riel:
After gaining independence from France in 1953, the Cambodian Riel was made. When inflation started hitting as high as 177%, the Riel diminished. Meanwhile, the USD started gaining popularity in the country. Today, 1 USD equals 4130.81 Cambodian Riel, which is insane!
The Australian Dollar:
The Australian Dollar displays the picture of the monarch, which is Queen Elizabeth II these days. However, the backside of the coins will show you something utterly Australian, like a kangaroo or lyrebird.
The Icelandic Krona:
Iceland has only 4 notes (500, 1000, 5000, and 10000) and 5 coins (1, 5, 10, 50, and 100). The Krona started losing its value after the 2008-2011 financial crisis. Today, a single USD equals 138.46 Icelandic Krona.
The Indian Rupee:
India was amongst the first countries to issue paper money. Their currency displays about 15 languages in addition to Hindi. These days, 1 Indian Rupee is equal to 0.014 USD.
The Brazilian Real:
The backside of the notes showcases the image of an indigenous bird or animal. And the front displays the head and shoulders of an important female figure. Brazil, being the most toured country in South America, has a strong currency. 1 USD equals about 5.40 Brazilian Real today!
The Jordanian Dinar:
The Jordanian Dinar is popular on the West Bank alongside the Israeli Shekel. Interestingly, the Jordanian Dinar has a fixed exchange rate since one USD is set at 0.71 Dinar.
The Mexican Peso:
After suffering badly during the last quarter of the 20th Century, the Mexican Peso has made a remarkable comeback. At times, they used to have a coin of even 5000 pesos. It is traded at 21.81 Pesos for 1 USD after significant policy changes.
The South African Rand:
Contrary to popular belief, the currency of South Africa is actually strong. Today, 1 USD is equal to only 16.72 Rand. After recent updates, you will find the familiar face of Nelson Mandela on some of the currency notes too!
The Egyptian Pound:
The interesting thing about the Egyptian Pound is that the smaller the value of the currency, the smaller is the size of the note! Therefore, a 50-pound note would be smaller than a 100-pound note. After a limited currency exchange, it fares at 0.063 USD for 1 Egyptian Pound.
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The British Pound:
The origins of the British Pound could be traced back to continental Europe. The back notes started circulating as early as 1694! In the currency exchange market, it surpasses the value of the US Dollar. Today, 1 GBP is traded at 1.33 USD, which makes it one of the strongest currencies in the world. And that concludes our list of money around the world, happy spending! 😉
Money all over the world has a different value and a different history everywhere. One is more stable than the other. However, you must be wary of the different scams that people can pull on you. Be careful with your money on your travels!
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