Wednesday, May 28, 2008

MONEY MONEY MONEY!!!!!

"Money is in some respects life's fire: it is a very excellent servant, but a terrible master." In the present world people cannot live without food, water, air and of course money. Find interesting facts about money that you may never have heard before.

Oldest Currency:

China was the first country to use paper money. Ancient paper money can be traced back to the Pai-LuP’i-pi(white deer skin money)of Han Dynasty(140BC) and the Fei-Chien(flying money) of Tang Dynasty(618 AD).


SMALLEST CURRENCY:

One of the smallest banknotes in the world is Ivory Coast 0.10 Franc issued in 1920.This 32mm x46mm note is actually a postage stamp pasted on cardboard.



CURRENCY WITH MOST ZEROS:

The note with the most zeros is a Yugoslavia 500,000,000,000 Dinara, issued in 1993 with 11 zeros.


HIGHEST DENOMINATION:

The world's highest denomination note is Hungary 100 Million B-Pengo*, issued in 1946. That's 100,000,000,000,000,000,000 Pengo. It was worth about U.S. $0.20 in 1946.


LOWEST DENOMINATION:



The lowest fractional note is Fiji 1 penny, issued in 1942. The old penny, being 1/240 of a pound, is a lower denomination than other fractional notes based on 1/100th of a basic monetary unit.

"A man who loses his money, gains, at the least, experience, and sometimes, something better."

2 comments:

Anonymous said...

This is a money worth preeth!
Though principles n values do exist but beyond that money counts

vinu said...

this ones good man.really good post