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Biyernes, Oktubre 11, 2013

Compilation of World’s Single Piece High Valued Currency

Over the years, each nation produced their own single piece banknotes in high value. Some nations produced these as non-circulating notes used for internal accounting but some of them are used for payment as well. But some nations like Thailand produced this banknotes for historical events. Here, we compiled a series of World’s Single Piece High Valued Currency and Single Piece Currency in Highest Denomination. 

Hope you enjoyed the list.

10,000 Singapore Dollar note

10,000 Singapore Dollar note
Singapore is one of the two Southeast Asia countries (besides Brunei) that issued the highest value banknote in the world. The highest value means its absolute value which is approximately US$6800 but not its denomination value. Singapore first introduced its $10,000 banknote as the highest denomination of its Orchid series which was issued on 29 January 1973. The note has a dimension of 203 x 133 mm. It is one of the highest value currency in Asia. 

On its subsequent banknotes, the second (Bird) and third (Ship) series, this $10,000 banknote was continued to be introduced in 1980 and 1989. The fourth series of $10,000 banknote was introduced on 9 September 1999. It was designed in gold color with the front features the portrait of Yusof Bin Ishak. The back features the future direction of Singapore economy, one of which is knowledge-based and technology-driven.

£100,000,000 Euro Note

£100,000,000 Euro Note

The Bank of England has non-circulating notes used for internal accounting with a face value of £100,000,000 or $160 Billion Dollars. These high denomination Euro currency notes are said to have been introduced by the Rothschild EuroZone banking cartel to enable suitcase money-laundering, black market liquidity, dark pool financing and élite drug-running operations to keep the major EuroZone banks afloat after the global credit crunch of September 2008.

The particular images above are commemorative versions of the actual notes in circulation. The words "Not legal tender" show on the obverse. And the words "This certificate is backed and secured only by confidence in the European dream" show on the reverse. At the end of June / beginning of July 2012, the European Central Bank tried to cash a €150 billion tranche of this non-commemorative "legal tender" fiat currency for bailout purposes related to Spain. It failed. 


Treasury currency bunkers all over Asia are stuffed full of pallets of shrink-wrapped packages of these high denomination Euro notes. The realisation is dawning in the East, as well as in the West, that these Euros are worthless. They are backed by nothing that is due-diligence tangible in the real-world European economy. They were tendered with fraudulent intent by a rogue faction within the EuroZone banking establishment to sucker Asian creditors.

10,000 BND (Brunei dollar) note

10,000 BND (Brunei dollar) note

It is said that while on a foreign trip to Europe the Sultan of Brunei was asked for identification. Upon this request he produced a banknote showing his face on it.


1,000 Swiss Franc note 

1,000 Swiss Franc note

The 1000 francs from the 8th series of Swiss banknotes, the obverse features the portrait of historian Jacob Burckhardt and the reverse side shows one of the arched windows from the facade of the Swiss National Bank. The portrait on the front side of the 1000 franc note shows Jacob Burckhardt (1818-1897), one of the most distinguished German-speaking historians of culture of the 19th century. He is famous primarily for his well-founded and and artistically sensitive interpretation of the Italian Renaissance and his guide to the art treasures of Italy, a work that has become a classic.

His life work forms the basis for the modern scientific study of art history. His concept of the Renaissance has shaped our understanding of the modern age until today. As a historian, Jacob Burckhardt applied his literary skill to historiography and his work is considered a classic of academic prose.

500 LVL (Latvian lats) 

It was issued during the January 19, 2009 and the note was printed with year 2008.

500 LVL (Latvian lats)

The note depicts the profile of a Latvian folk-maid and a stylised oak-leaf. On the centre-left side of the note, there is a vertical translucent band embedded into the banknote, which covers the see-through register and transparent window above it. Across the top of the banknote, there is the two-colour inscription LATVIJAS BANKAS NAUDAS ZĪME (banknote of the Bank of Latvia), with the serial number of the banknote inscribed in red underneath. Across the bottom of the banknote, there are the inscriptions PIECSIMT LATU (five hundred lats) in the colour changing optical effect print, LATVIJAS BANKA (Bank of Latvia), facsimile signature of the Governor of the Bank of Latvia, and serial number of the banknote in black print. On the right side of the banknote, there is a vertical ornamental band composed of the motif of Lielvārde belt and topped by the numeral 500. When the banknote is tilted to the light, the nominal value is visible on the band. 


While the back depicts a motif of the ornaments of a bronze head-dress. A vertical metallic band on the banknote, a broader holographic clear text window thread with the lettering of the nominal value) is worked into the paper to the left of the centre of the banknote, and a stylised oak-leaf (a see-through register) is to the right. Across the top of the banknote, there is the inscription PIECSIMT LATU (five hundred lats) and numeral 500. The numeral 500 and two-colour inscription LATVIJAS BANKAS NAUDAS ZĪME (banknote of the Bank of Latvia) are at the bottom of the banknote. 


A vertical band of numerals 500 with diagonal stripes that blend into one another is to the left of the ornamental motif. Along the edge of the band, there is the inscription © LATVIJAS BANKA 1992 (© Bank of Latvia 1992) on a white background. The large coat of arms of the Republic of Latvia, with the year 1992 or 2008 inscribed underneath, is depicted on a white background in the lower right corner of the banknote. Above the coat of arms, the paper is watermarked.


Single Piece Currency in Highest Denomination

American $100,000 bill 

American $100,000 bill

The note featured a portrait of Woodrow Wilson which according to the Treasury Department only 42,000 of which were printed during their Dec. 18, 1934, through Jan. 9, 1935 run. But the certificates were never in public circulation the Treasury Department issued them solely to Federal Reserve Banks, which used them only for transactions with one another. This practice continued until the early 1960s, when the government destroyed all but a few, which are now held by the Federal Reserve Bank of San Francisco, the Bureau of Engraving and Printing and the Smithsonian Institute.

500,000THB (Thailand Baht)


500,000THB (Thailand Baht)500,000THB (Thailand Baht)

In 2000, the Bank of Thailand issued 1,998 500,000THB notes to celebrate the 50th anniversary of King Bhumibol and Queen Sirikit. The notes are meant for collectors, but it is still a valid mean of payment. 500,000THB=$15,000.


Sources:
http://lunaticg.blogspot.com/2011/05/world-most-expensive-banknote.html
http://wiki.answers.com/Q/What_is_the_world's_most_expensive_banknote
http://banknoteasia.blogspot.com/2009/01/singapore-10000-highest-value-banknote.html
http://www.livescience.com/32758-which-single-piece-of-currency-is-worth-the-most.html
http://www.banknotes.com/eumil.htm
http://nesaranews.blogspot.com/2012/07/one-million-euro-note.html
http://paperkraft.blogspot.com/2011/03/swiss-banknote-papercraft-chf-1000.html
http://www.snb.ch/en/iabout/cash/current/design/id/cash_current_design_1000
http://www.siambanknote.com/museum/Thai-commemorative-banknotes/50wedding500000.htm
http://hybridbanknotes.blogspot.com/2011/02/latvia-500-lats-2008.html
http://money.uk.msn.com/worlds-most-valuable-banknotes?page=5

Martes, Oktubre 8, 2013

The Future of Money – A global currency?

Today, I would like to share with you an infographic you should read. This info infographic presents a valuable information about what is happening between the stock market and foreign exchange crisis.

The editors at Money Choice have been interested in the topic of the future of money in a global economy and decided to do some research. This infographic is the result of their efforts.

The Future of Money – A global currency?

www.MoneyChoice.org

The Future of Money: A Global Currency
Created by MoneyChoice.org

Lunes, Oktubre 7, 2013

Collection of Banknotes from highest to lowest denomination

A banknote is a piece of paper which holds a specific monetary value and is regarded as legal tender in the same manner as a coin. Some of these banknotes were produced due to worst inflation crisis and after the World Wars. I hope that you would enjoy the list and if you're looking for a good preserved paper money for your collection you can visit www.papermoneycoincollection.com.

Highest Denominations


Hungary (100 Million B-Pengo)
Front
Hungary (100 Million B-Pengo)
Back

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


1 Milliard B-Pengo
Front 
1 Milliard B-Pengo
Back

1 Milliard B-Pengo
Hungary also printed a 1 Milliard B-Pengo (Amerian 1 Sextillion Pengo)*, 1,000,000,000,000,000,000,000 Pengo, note in 1946. Overtaken by inflation, it was never in circulation.

* The European number system differs from the American system for denominations above one million:
European 1 milliard = American 1 billion (1,000,000,000)
European 1 billion = American 1 trillion (1,000,000,000,000)

Thus a B-Pengo or 1 Billion Pengo is really American 1 Trillion Pengo.


Germany (100,000,000,000,000 drachmai)


Germany (100,000,000,000,000 drachmai)
Its worst inflation was in 1923, and the highest denomination was 100,000,000,000,000 Mark.



Greece (100 billion drachmai)
Front
Greece (100 billion drachmai)
Back

Greece (100 billion drachmai)
Greece went through its worst inflation in 1944. In 1942, the highest denomination was 50,000 drachmai. By 1944, the highest denomination was 100,000,000,000,000 drachmai.


Zimbabwe (ZWD100 trillion bill)

Zimbabwe (ZWD100 trillion bill)
Zimbabwe started to experience inflation just at the beginning of  21st century. On 5 May 2008 the Reserve Bank of Zimbabwe issued bank notes (or "bearer cheques") of ZWD 100 million and ZWD 250 million. 

On 1 August 2008, the Zimbabwe dollar was re-denominated by removing 10 zeroes and ZWD 10 billion became 1 dollar after the re-denomination. On 16 January 2009, Zimbabwe issued a ZWD100 trillion bill (100,000,000,000,000 ZWD).



500 billion dinar note

Yugoslavia (500 billion dinar note)
On December 23, 1993, the former Yugoslavia issued a new banknote to keep up with rampant inflation, the 500 billion dinar note, that's a 5 followed by 11 zeros, but shortly after cut off nine of the zeros.



Japan ND (1930) 100 Yen


Japan 75,000,000,000 Yen ND (1930)

Japan issued the highest denomination just after world war II, which was a 75,000,000,000 Yen bank cheque.



50,000,000,000 Dinara Krajina
Front
50,000,000,000 Dinara Krajina
Back

Krajina (50,000,000,000 Dinara)
The worst inflation in 1993 in Krajina had forced its central bank to issued the highest denomination at 50,000,000,000 Dinara. This country was reincorporated into Croatia in 1998. Republika Srpska, a country beside Bosnia Herzegovina, also issued a similar bank note of Dinara Krajina.




10,000,000,000 Mark



Free City of Danzig ( 10,000,000,000 Mark)
Danzig was a semi autonomous baltic sea port and city state that was created on 10 January 1920, then the region has incorporated into the Peoples' Republic of Poland. Danzig worst inflation in 1923 and issued the highest denomination of 10,000,000,000 Mark.


6,000,000,000 Yuan in 1949



China (6,000,000,000 Yuan in 1949)
The Republic of China went through the worst inflation in 1948-49. The highest denomination issued by a regional bank in Xinjiang Provincial was 6,000,000,000 Yuan in 1949.



1,000,000 Dinara



Bosnia Herzegovina (100 million Dinara) 
Bosnia Herzegovina declared independence from Yugoslavia in March 1992 and use the first Dinar that different from Yugoslavia Dinara, in July 1992. The highest denomination was 100 million Dinara.



Highest Denomination Polymer Banknote


Romania 1 Million (1,000,000)
Romania 1 Million (1,000,000)

Romania 1 Million (1,000,000) Lei, issued in 2003, is the world's highest denomination polymer plastic banknote. It's no longer legal tender. Four zeros were dropped in the 2005 currency reform.


Lowest Denomination

Fiji 1 penny
Fiji 1 penny
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.



No Denomination

Tatarstan
Front
Tatarstan
Back
1,000 Rubles, 1995
Issued without denomination

The notes with no denomination - Tatarstan issued a series of currency checks without any denomination printed. 
Tatarstan is situated in the middle of Russia. It was colonized by the Bulgars in the 5th century, conquered by Genghis Khan in the 13th century, and controlled by Russia from 1552 until the dissolution of the Soviet Union. Proclaimed sovereignty and achieved de facto independence 1991-1994. Tatarstan was associated state with Russian Federation on confederate status 1994-2000, and is a subject of Russian Federation since 2000.