Fun facts about money
MANY countries have their own currency, while some use a shared currency. An example of a shared currency is the euro (�) used in the European Union by countries such as France, Germany and Spain.
The currency most traded around the world is the United States dollar. Other heavily traded currencies include the euro, Japanese yen (¥) and British pound sterling (£).
It is believed that products such as livestock and grain were used to barter (exchange goods and services without the use of money) over 10,000 years ago.
The first coins were minted (made) around 2,500 years ago.
Paper money was first used in China over 1,000 years ago.
The benefit of metal coins is that they are portable and durable.
Credit cards were first used in the United States in the 1920’s.
The US dollar and many other currencies use the dollar sign $ as a symbol.
Coins and banknotes are popular items for collectors, especially rare, old and misprinted ones.