Some interesting facts about foreign currency (part 2)

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A little while ago we published an article with some interesting facts about foreign currency which our development team had uncovered while redecorating our currency pages.

It proved to be quite popular so we thought a part 2 might be nice. After all, we do love foreign currency at compareholidaymoney so why not share the love?!

Barbados dollars (BBD)

The Central Bank of Barbados is responsible for managing and issuing Barbados dollars, but the currency is not physically produced in Barbados. Coins are struck by the Royal Canadian Mint and banknotes are printed by De La Rue in Basingstoke, England.

Brazilian real (BRL)

Brazilian banknotes are printed in denominations ranging from 2 to 200 reals. 1-real banknotes were printed until 2006 but are now rarely seen in circulation. If you see one, keep hold of it because it can be worth 100 times it’s face value to collectors!

Canadian dollars (CAD)

Canadian dollar banknotes have a secret security feature built-in to another security feature! If you shine a laser through the transparent maple leaf window, you’ll see the encoded value of the banknote project through to the other side.

Croatian kuna (CZK)

In Croatia, ‘kuna’ translates to ‘pine marten’ and refers to a small weasel-link mammal native to Northern Europe whose furs were historically used for trading.

Danish krone (DKK)

Krone is the Danish word for ‘crown’. While Denmark does have a Prime Minister, it also has a constitutional monarchy similar to that of the UK.

Hungarian forints (HUF)

The forint can technically be subdivided into 100 filler, but these small denominations were withdrawn from circulation in 1999 and are no longer in use.

Indian rupees (INR)

Indian banknotes feature 17 different languages. The majority of text is printed in Hindi and English, but the value is printed in a multitude of other languages including Bengali, Punjabi, Kashmiri and Urdu.

Japanese yen (JPY)

Under Japanese law, merchants can refuse to accept coin payments where 21 or more coins are of the same denomination. This law was enacted out of consideration for the inconvenience caused to merchants by having to count all of the coins, although they may still accept the payment if they wish!

Kuwaiti dinar (KWD)

Unlike most currencies which can be subdivided into units of 100, the Kuwaiti dinar can be subdivided into subunits of 1,000. One Kuwaiti dinar is equivalent to 1,000 fils.

Polish zloty (PLN)

The Polish zloty (pronounced zwo-tee) means ‘golden’ in Polish and is derived from the old gold coins which used to circulate in Poland until the early 20th century.

Romanian leu (RON)

The name ‘leu’ means ‘lion’ in Romanian. The currency is derived from the Dutch thaler – a large silver coin also known as the lion dollar – which was widely circulated in Romania in the 17th century.

Malaysian ringgits (MYR)

Spanish dollars were used in Malaysia back when it was a Portuguese colony. The Malays of the time would refer to the irregular-shaped Spanish coins as ‘ringgits’ which means ‘jagged ones’, and this is how the Malaysian ringgit got its name.

Summary

So there we are, another 12 little currency facts that you can carry around with you for the next quiz night: Or maybe that’s stretching it too far! Hopefully you enjoyed the insight and you can find more facts on over 70 currencies on our currency pages.

Posted by Graham Morley

Graham is the Business Development Manager for Compare Holiday Money.

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