When the 50 Euro note was introduced, many people were concerned that the notes, which had 82mm height, did not fit into a standard wallet. For example, in the Netherlands, citizens were used to banknotes with a height of 76mm. Wallet fit is one of the most crucial aspects of banknote size. Banknotes should be easily processed by central banks and other cash handling operations.Banknotes should prevent counterfeiting through their security features.Banknotes should be accessible to the visually impaired.Banknotes should fit into banknote acceptors – parking meters, ATMs, vending machines.Banknotes should fit inside wallets – they should be convenient to carry around.All of these requirements can be drilled down to five basic items: They have to be easily stored in volume by banks. They have to enable the use of ATMs and other money technologies.
LARGEST BANK NOTE IN THE WORLD HOW TO
Source: Banknote World How to Size a BanknoteĪs stated above, banknotes are printed for use by citizens in a country in order to facilitate the exchange of goods and services.To understand size requirements for a banknote, imagine you’ve won the lottery and received a huge cheque for $1,000,000.Ĭan you envision a banknote that size, but worth $1, and that you’re planning to trade for a pack of gum or a coffee? Banknotes have to be practical for daily use. This article talks about how countries design their banknotes and determine the size of money. Ultimately, countries create banknotes because the people of the country need currency in order to engage in the economy, and the purpose of those notes is to help facilitate the movement of goods through the country. Countries have access to robust printing machinery that allows them to print huge quantities of notes according to demand, but these notes have to be designed to the appropriate standard to meet the requirements of the end users and so that they can be printed by the necessary machinery.
LARGEST BANK NOTE IN THE WORLD SERIAL NUMBERS
Graded Special Condition and Serial numbers.The Dimensions of Money | Why Do Banknotes Come in Different Sizes? – Banknote World
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