Shares & Derivatives
Banknotes & what I spent with my dividends
By I  •  August 31, 2011
Had an interesting discussion on banknotes today. Went to raffles place today to change some money, some for myself and some for a family member.

In Europe, the 2 major currencies ( Euro + Pound) only issue relatively high value banknotes (i.e. starting from EUR5/GBP5) whereas in America, Brazil, China, Singapore, HK, Malaysia etc issue low denomination banknotes (e.g. US$1, RMB5, S$2, HK$10, RM1). It's pretty weird, for you'd probably end up with alot of change and loose coins when one visits Europe.

Some currencies are really weird however, like the US dollar. case in point:
Every denomination is of the same dimension and color. I wonder how their blind people know which is which. Imagine if you get mistaken and want to tip someone US$1, and end up tipping him US$100 because you thought it was US$1 :P

As for the pound, this is it...4 banknote ......
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By I
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