Tag Archives: currency

What leads the Island of Yap to adopt giant stones as currency? 🙄

What leads the Island of Yap to adopt giant stones as currency? 🙄The Tiny Island that Uses Giant…Source

jiaozi

The first recorded use of paper currency in the world is believed to have occurred in China during the Tang Dynasty (618-907 AD). The Chinese used paper money in the form of “jiaozi,” which were paper notes issued by the government that could be exchanged for gold or silver. The jiaozi were used primarily as… Read More »

WTF Fun Fact 13028 – Lifespan of a Dollar Bill

A dollar bill spends a little over 6 years in circulation. Click to read the full fact. The post WTF Fun Fact 13028 – Lifespan of a Dollar Bill appeared first on WTF Fun Facts. Source

Portraits of presidents were not depicted….

Portraits of presidents were not depicted on the official currency of the USA until the beginning of the 20th century. The first dollars had the figures and faces of the characters of Greek and Roman mythology and pictures with the participation of Native Americans appeared on the money. The post Portraits of presidents were not… Read More »

German hyperinflation after WWI was so bad…

German hyperinflation after WWI was so bad by 1923 the US dollar was worth 4.2 trillion marks (before the war it was about four marks). Restaurants even stopped printing menus because by the time food arrived prices had gone up. One guy ordered coffee at 5000 marks, the second cup cost him 9000. The post… Read More »

American currency went as high as $10,000…

American currency went as high as $10,000, with $5,000, $1,000 and $500 bills also in circulation. They were discontinued in 1969 for “lack of use.” The post American currency went as high as $10,000… appeared first on Crazy Facts. Source