Basic information about the money of different countries and interesting facts about them

Today, whatever we buy, from food products to an apartment or a car, costs a certain amount of money. In their quality there are both paper bills and metal coins, and recently even credit cards. But money is different. In each country - its own currency, and therefore the perception of the entire monetary system is rather complicated. In this article you will find basic information about the money of different countries, as well as interesting facts about the means of calculation, their circulation.

History of the origin of money

The history of money from different countries is several thousand years old. The first primitive coins appeared around 500 BC. In a small country of Lydia (currently part of Turkey). They were made from an alloy of gold and silver. In many historical sources, one way or another mentions money. Even before the emergence of modern-day money, the main equivalent for the exchange was a commodity that was of particular value. This means that the money was replaced by furs, shells, tea, precious stones, etc.

Appearance of money

Gradually, society developed, and the equivalent of value was not fur and pearls, but money, whose exchange value was recognized by all. The money of different countries of the world is also quite different. For example, in the US in the course of the dollar, in Japan - the yen, in Europe - the common currency of the euro.

The basic information about the money of different countries can be formulated without describing the appearance of currencies. Almost always on the images in the currency you can trace the path of historical transformations in the state. Since the money depicts prominent political and cultural figures of a particular country or important historical events. A very accurate example is the currency of the European Union. Each banknote or coin is depicted in various architectural monuments and styles (Baroque, Gothic, Classical, Romance style) that characterize historical epochs in the development of the European community.

The main functions of money

Even in spite of the fact that the money of the world is quite diverse, it is customary to assume that all of them perform, if not the same, rather similar functions, among which one can distinguish the following:

• Money is a measure of the value of all goods and services;
• Money act as a kind of intermediary in the exchange of goods and services;
• Money acts as a means of accumulation and saving;
• Money serves as an economic intermediary between states, individuals and legal entities.

If we give a more general classification, then the money of different countries can be divided into two more groups:

• Symbolic;
• Natural.

Absolutely any natural currency unit has its own useful value. But over time, this type of money leaves the circulation system. It is replaced by symbolic money. This type can include a variety of coins, paper money, bonds, bank checks, e-currency , etc.

The main cost of such symbolic (essentially modern) money is not the cost of the material from which they are made, but their symbolic denomination, officially approved by the country's leadership.

Name of money from different countries of the world

As already mentioned, in every country different money for many reasons. In order to have basic information about the money of different countries, they should be classified and mentioned.

Monetary units of Africa: Liberian dollar, Nigerian Naira, Egyptian pound, Chad franc, Ghana cedi, Malian franc, Tunisian dinar, etc.

Monetary units of Asia: Vietnamese dong, Israeli shekel, Syrian pound, Japanese yen, Indian rupees, Philippine peso, Bhutan ngultrum, Thai baht and many others.

Monetary units of America and Oceania: Argentine peso, US dollar, Cuban peso, Australian dollar, Bahamian dollar, Vanuatu cotton wool and others.

Monetary units of Europe and the CIS: the Danish krone, the euro, the Russian ruble, the Ukrainian hryvnia, the Armenian dram, the Serbian dinar, the Kyrgyz som, the Kazakh tenge, the Estonian kroon, etc.

As you can see, money is a universal payment system that has developed historically and is recognized by all countries and peoples as a convenient means of calculation. These are the basic information about the money of different countries.

Interesting facts about money

In June 1993, the Royal Mint of Britain issued obsolete coins, which were withdrawn from circulation 20 years ago. And this was done deliberately and for a special occasion, which most of the British do not even guess. The whole point of the matter was that the guitarist of the legendary rock band Queen, Brian May, while playing the guitar used not a mediator but a penny of the 1970 release. At his personal request, an obsolete series of sixpence coins was organized.

Coin "old copper nose"

Quite a strange name for a coin. But it really was published in England at the end of the VIII century by King Henry. It is famous for being the first coin of its kind, which was cast not from silver, but from copper (later they were covered with silver). In the process of circulation, the layer of silver on the coin quickly erased, especially on the protruding part. That is, in the King's image, the nose first of all erased. Therefore, after the coin, the name "old copper nose" was fixed.

Half a Penny

Perhaps the most curious coin that ever went to the USSR. Polkopeyki minted in 1926-1927, and talked about them for half a century. The fact is that in the Union in order to save copper it was decided to coin a coin from a copper alloy with zinc.

We examined the basic information about the money of different countries and illustrated them with interesting facts. But this information is sufficient only for a general idea. What money in different countries, we tried to briefly consider.