Switzerland. The multiple award-winning Swiss franc is the national currency of not just Switzerland but also Liechtenstein. Given the franc's elegant design, no one can blame Liechtenstein for using it. The franc's latest series of banknotes features hands in various gestures, and as a result, feel especially artful.
The most beautiful banknote in the world is currently from Mexico, and circulates under the denomination of 50 Mexican pesos. This beautiful specimen has a striking design that connects anyone who admires it with the nature and culture of this great nation.
Samoan banknotes—in every shade of the rainbow—depict influential people and institutions, but also the South Pacific country's unique and irreplaceable natural environment: a cascading waterfall (Sopoaga Falls); Samoa's national flower, the teuila, also known as red ginger flower; the national bird (the manumea, an ...
The nation's banknotes are totally waterproof, hard to counterfeit and relatively cleaner because they are resistant to moisture and dirt. Australian dollar notes are made of a polymer, which has a waxy feel, while the banknotes of the U.S. and several other countries are made of cotton fiber paper.
According to the technical experts at Note Printing Australia, who are responsible for the development of the polymer banknote, the ignition temperature for banknotes is 375 degrees Celsius, however the melt temperature is 175 degrees Celsius, with a limiting oxygen index of 17.4-18.0 %.
It was recognized by the International Bank Note Society in a contest in which more than 100 banknotes from different parts of the world participated.
Iranian Rial (IRR)
Presently, 1 Indian Rupee equals 515.22 IRR, making the Iranian Rial the world's least valuable currency. This depreciation can be attributed to factors such as political unrest in the country, the Iran-Iraq war, and the nuclear programme.
1. Iranian Rial (IRR) The Iranian rial is the weakest currency in the world, with 1 rial buying a mere 0.000024 dollar (or, put another way, $1 equals 42,300 Iranian rials).
The Kuwaiti Dinar (KWD) is the most valuable currency in the world. In Kuwait, the Indian ex-pat group has a strong presence, making the KWD to INR rate the most popular Kuwait Dinar exchange rate. The Kuwaiti dinar continues to remain the highest currency in the world, owing to Kuwait's economic stability.
Currency and banking in Australia
You'll use Australian dollars (AUD or AU$) while you're here. One dollar equals 100 cents. Australian dollars come in $100, $50, $20, $10, and $5 banknotes. $1 and $2 dollars come in coins.
Israeli currency the shekel is known for its colorful banknotes, and its bills have more features than meets the eye. The governor's signature that appears on bills is written in raised ink, so it can be felt and makes the bills difficult to counterfeit.
Bahamian money is known for its unique coins, which feature engravings of starfish and pineapples. Though the banknotes of the Bahamas are quite colourful, the island is perhaps best known for its loose change.
Swiss Franc – CHF
Switzerland's inflation rate is currently 3.3%, which is close to the highest it has been for 30 years.
USA 1890 Grand Watermelon $1,000 Treasury Note – $3.29 million (£2.6m) The rarest and most celebrated of all US banknotes was never going to come cheap.
The United States has never issued a million dollar bill. However, many businesses print million dollar bills for sale as novelties. Such bills do not assert that they are legal tender. The Secret Service has declared them legal to print or own and does not consider them counterfeit.
#1 – Iranian Rial (IRR)
Iranian Rial is currently listed as the world's cheapest currency.
Based on its performance in 2023 the Australian dollar is currently strongest against the Sri Lankan Rupee, up 22% for the year. The Rupee is down against all major currencies due to the economic crisis in that country.
AUDUSD=X - USD/AUD
The Aussie dollar has fallen rather hard during the course of the week, showing signs of exhaustion. At this point, it looks like we could go down to the 0.66 level.
, IG Markets analyst Tony Sycamore told SBS News. The Australian dollar is up 7.1 per cent against the Japanese yen since October 2022. One Australian dollar will buy you 97 yen. If you look longer term, it's at nearly its strongest levels since 2014, Mr Sycamore said.
It is an offence under the Crimes (Currency) Act 1981 to intentionally deface, disfigure, mutilate or destroy Australian banknotes without the consent of the Reserve Bank or Treasury. It is also an offence to sell banknotes knowing them to have been defaced, disfigured or mutilated.