Welcome to our series of “Banknotes of the world”. Though banknotes by their very definition are a type of negotiable promissory note, made by a bank, payable to the bearer on demand, they are artistic treasures in their own right. All the countries are no doubt proud of their history and heritage and proudly boast about them on their currency notes. Currency notes and their designs and the reason behind their issuance are in itself a topic of great interest and study.
The Lumbini festival is celebrated in the month of December every year in Nagarjunasagar, Andhra Pradesh to commemorate the religion of Buddhism in the state. During the three-day long festival, several vibrant activities are conducted to highlight and promote Buddhism by the Andhra Pradesh Tourism Development Corporation. Thousands of tourists and pilgrims visit the state to witness the beautifully decorated Buddhist temples during this festival.
Born on 16th March 1751 to James Madison Sr. and Nelly Conway., James Madison Jr. suffered from epilepsy. At 5’4 and 100 pounds, he was often described as ‘small’ ‘quiet’ and ‘shy’ person. Yet this “small’ guy graduated from Princeton University and mastered over subjects like Greek, Latin, Hebrew, Political Philosophy, and Law. This ‘quiet’ guy reshaped American History by becoming a political theorist and American Statesman. This ‘shy’ guy became the fourth President of United States and served not one but two terms in the White House. James Madison, ladies and gentlemen, was an enigma.
Manufacturing fake currency or counterfeit money is illegal in every country as they are produced without the consent of the Central Bank or the Government. It can lead to major setbacks on the economic stability of a country. More circulating money means that its value depreciates over time which in turn leads to inflation. It also results in mistrust among people decreasing acceptability of money and sharemarket value. Trade is the most affected when merchants have to face immense losses as fake notes are not reimbursed by banks of other countries.
“Life is short and the world too wide!”
To all those struck with the wanderlust, here’s another lot of banknotes depicting some of the offbeat and some famous tourist places from all over the world. The holiday season is upon us and all of us are ready to get packing and hit the trails. And while we are visiting new countries, let us take a closer look at their currencies. Believe it or not, the banknotes in themselves are a treasure chest of adventures. Let’s view some of these tourist places on banknotes!
There’s very little that’s left to be explored or exploited in the world today. Antarctica is thankfully one such place where the power and beauty of nature precede that of humans – a species which boasts of being the most superlative of all. A heavenly place like this should rather be left alone for being pristine and away from the polluted dual minds and deeds of us. But having said that, let’s find out what makes Antarctica so beautiful. Get set to take a chilly ride. A real chilly one!
To explore, there’s a whole world out there! Did you know that some countries have depicted tourist places on banknotes?
Beginning since 1980, 27th September of every year is celebrated as the World Tourism Day. The goal was to create awareness among the international community about the importance of tourism and its social, cultural, political and economic value.
Though Mintage World is a venture that was established by an Indian Company – Ultra Group of Industries, it has managed to cross borders and win the hearts of many. It was a defining moment when Team Mintage World participated in one of the World’s Most Awaited Currency Shows – World’s Fair of Money 2016 that was held from 9th to 13th August at Anaheim, California.
National banks around the world generally go with a safe, more acceptable or tried and tested imagery when it comes to issuing legal currency notes for circulation. But there have been several exceptions and banks have thought out of the box to release some strange and bizarre banknotes. Let’s take a look at some strange banknotes of the world that will make your eyes pop with amusement!
Japan had conquered many colonies and other states during World War II. Special currency notes were officially issued by Japan in these states to replace local currency. These currency notes were known as Japanese Invasion Money. Both Wartime Finance Bank and the Southern Development Bank used bonds to raise money. Wartime Finance Bank gave loans to military industries, and the Southern Development Bank gave loans for hydroelectric generators, electric power companies, shipbuilding and petroleum. In March 1945, the outstanding balance of Southern Development Bank notes stood at more 13 billion.