15 Things you probably didn’t know about money (currency)

15 Things you probably didn’t know about money (currency)

Here is a list of 15 interesting things you probably did not know about currency!

  1. The Iraqi dinar used to be called the Roman denarius.
  2. The US dollar is used as currency in nine countries in addition to America. Some are Ecuador, Zimbabwe, Turks and Caicos, Micronesia, and El Salvador.
  3. 62 countries’ currencies have a prefix like “Canadian”, “US”, “Australian”, etc., then the word “dollar”. In other words, 62 countries use dollars of their various countries/types!
  4. Aside from the 19 EU euro-using countries, there are four that are non-EU and use it. They are Andorra, Vatican City, Monaco, and San Marino.
  5. There are eight EU countries that don’t use the euro as their currency. They are Bulgaria, Croatia, Czechia, Denmark, Hungary, Poland (is however preparing to adopt the euro), Romania, Sweden (is going to adopt the euro once it meets the criteria), and the United Kingdom.
  6. Kuwaiti’s currency, the Kuwaiti Dinar is the currency with the highest value in the world. Its value is currently US$3.29, or CA$4.35.
  7. Up until the abandonment of the Zimbabwean currency, the $100 trillion bill was the highest denomination of legal tender in Zimbabwe.
  8. The Romans were the first to put the image of a person on a coin.
  9. The original U.S. mint was powered by horses that were in harnesses in order to print the money.
  10. There is more Monopoly money printed than there is actual money.
  11. The word “salary” comes from the Latin word “sal”, which means money. “Salary” is used possibly because the early Romans used salt as money.
  12. Apple earns US$300,000 per minute!
  13. At US$150 billion, the International Space Station is the world’s most expensive object to ever be built.
  14. 2 in 3 American $100 bills are held outside of the U.S.
  15. Martha Washington, wife of the first American President, donated her own silverware for the making of the first U.S. currency

Disclaimer: This article provides information only and is not intended to confer legal or financial advice or opinion. If you have any further questions please consult a lawyer or accountant. Please note as well that many of the statements herein are general principles which may vary on a case by case basis.